Saudi Arabia Prepares to Host Historic G20 Summit

A group photo of global leaders is projected on the walls of landmarks in Saudi Arabia's Diriyah. (AFP)
A group photo of global leaders is projected on the walls of landmarks in Saudi Arabia's Diriyah. (AFP)
TT

Saudi Arabia Prepares to Host Historic G20 Summit

A group photo of global leaders is projected on the walls of landmarks in Saudi Arabia's Diriyah. (AFP)
A group photo of global leaders is projected on the walls of landmarks in Saudi Arabia's Diriyah. (AFP)

Riyadh will host on Saturday and Sunday a historic G20 Summit, the first ever to be held in the Arab world and amid Saudi anticipation for reaching international consensus on pressing economic issues.

Custodian of the Two Holy Mosques King Salman bin Abdulaziz will chair the proceedings of the 15th G20 Summit, which will be held virtually due to the novel coronavirus pandemic.

World leaders and the heads of international and regional agencies and organizations have been invited to participate.

The summit, the world’s premier economic event, reflects Saudi Arabia’s central role on the regional and international scenes where it is seeking to bolster cooperation with its member state partners to achieve the goals of the G20 in pursuit of global economic stability and prosperity.

The Kingdom’s hosting of the summit will be an opportunity to propose issues that concern the Middle East and North Africa.

The agenda will address economic, financial, social, energy, environment, climate, digital economy, trade, agriculture, health care and education. The summit aims to develop effective policies in order to achieve sustainable and balanced development and provide real job opportunities to raise living conditions throughout the world.

Riyadh has witnessed a flurry of activity ahead of the global event, with working groups holding a series of meetings to tackle pressing economic issues.



Saudi Arabia Reiterates Need to Reach Just Solution to Palestinian-Israeli Conflict

Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud chairs the cabinet meeting in Jeddah. (SPA)
Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud chairs the cabinet meeting in Jeddah. (SPA)
TT

Saudi Arabia Reiterates Need to Reach Just Solution to Palestinian-Israeli Conflict

Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud chairs the cabinet meeting in Jeddah. (SPA)
Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud chairs the cabinet meeting in Jeddah. (SPA)

The Saudi government reiterated on Tuesday its welcoming of the International Court of Justice’s (ICJ) advisory opinion on Israel’s policies and practices in the occupied Palestinian territories and the court’s confirmation of the illegality of the Israeli presence in the territories over the past 57 years.

Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud chaired the cabinet meeting that was held in Jeddah.

The government renewed the Kingdom’s position on the need for practical and credible steps to be taken to reach a just and comprehensive solution to the Palestinian-Israeli conflict according to the 2002 Arab peace initiative and international resolutions.

The cabinet was briefed on the telephone talks held between Prince Mohammed bin Salman, Crown Prince and Prime Minister, with French President Emmanuel Macron, Russian President Vladimir Putin and Iraqi Prime Minister Mohammed Shia al-Sudani.

The calls focused on joint relations and ways to boost and develop them.

The cabinet reviewed the latest regional and international developments and Saudi Arabia’s ongoing efforts to end the war on Gaza and support peace in Yemen to achieve regional security and stability.

It urged the international community, particularly active and influential parties, to assume its responsibilities and stop tensions in the region.

At the domestic level, the cabinet reviewed the latest economic developments and key indicators, including the stabilization of inflation in recent months due to the robustness of the Kingdom's economy and the effective measures and policies implemented to address the ramifications of rising global prices.