Saudi Arabia Highlights Importance of Global Cooperation to Support World Economy

Saudi Minister of Economy and Planning Faisal bin Fadhil Al-Ibrahim addresses the G20 Development Ministers Meeting. SPA
Saudi Minister of Economy and Planning Faisal bin Fadhil Al-Ibrahim addresses the G20 Development Ministers Meeting. SPA
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Saudi Arabia Highlights Importance of Global Cooperation to Support World Economy

Saudi Minister of Economy and Planning Faisal bin Fadhil Al-Ibrahim addresses the G20 Development Ministers Meeting. SPA
Saudi Minister of Economy and Planning Faisal bin Fadhil Al-Ibrahim addresses the G20 Development Ministers Meeting. SPA

Saudi Minister of Economy and Planning Faisal bin Fadhil Al-Ibrahim has underlined the Kingdom’s steadfast commitment to renewing global cooperation and achieving the 17 UN Sustainable Development Goals (SDGs), the Saudi Press Agency reported.

Al-Ibrahim said the G20 Development Ministers’ Meeting was an opportunity to work more closely and put forward concrete actions to support developing countries and foster inclusive, resilient, socially, economically, and environmentally sustainable recovery efforts and, as the world’s fastest-growing economy, the Kingdom is proud to renew and reaffirm its commitment towards achieving these goals.

“International cooperation is a key priority for the Kingdom, and we remain more committed than ever to work closely with our international partners to achieve the 2030 Agenda and the SDGs,” SPA quoted him as saying.

“To do this, we must restore faith in the multilateral framework. We are fully aligned with the G20 Ministerial vision statement’s claim that multilateralism is not an option but a necessity if we want to create a more equitable, resilient, and sustainable world.”

Saudi Arabia has already taken steps to accelerate its path toward achieving the UN 2030 Agenda and the SDGs.

Rapid and decisive measures taken by the Kingdom’s government have enabled the country to limit the impact of COVID-19 on the economy which set the foundation for today’s robust growth.

In June, the Ministry of Economy and Planning and the United Nations resident Coordinator’s Office in Riyadh signed the United Nations Sustainable Development Cooperation Framework.



Egypt and Kuwait Align on Gaza Reconstruction, Reject Displacement

Kuwaiti Emir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah and Egyptian President Abdel Fattah al-Sisi at the Bayan Palace in Kuwait. (KUNA)
Kuwaiti Emir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah and Egyptian President Abdel Fattah al-Sisi at the Bayan Palace in Kuwait. (KUNA)
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Egypt and Kuwait Align on Gaza Reconstruction, Reject Displacement

Kuwaiti Emir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah and Egyptian President Abdel Fattah al-Sisi at the Bayan Palace in Kuwait. (KUNA)
Kuwaiti Emir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah and Egyptian President Abdel Fattah al-Sisi at the Bayan Palace in Kuwait. (KUNA)

Egyptian President Abdel Fattah al-Sisi concluded a three-day Gulf tour on Tuesday with a visit to Kuwait, following a stop in Qatar.

He held high-level talks with Kuwaiti Emir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, in discussions described by analysts as both politically and economically significant given the volatile regional climate.

At the heart of the Egyptian-Kuwaiti summit were developments in the Gaza Strip, with both nations reaffirming the urgent need for an immediate ceasefire, the continuation of hostage and detainee exchanges, and the rapid entry of sufficient humanitarian aid, said a statement from the Egyptian presidency.

Both Cairo and Kuwait City expressed full support for the Arab plan to rebuild Gaza, stressing the importance of implementing the plan without delay once a ceasefire is reached.

The two leaders also reiterated their firm opposition to any forced displacement of Palestinians and underscored the need for a just and comprehensive resolution to the Palestinian issue — one that ensures the establishment of an independent Palestinian state along the June 4, 1967 borders, with East Jerusalem as its capital.

Sisi's visit underscored what Egyptian MP Mostafa Bakry described as “a unified and coordinated stance between Egypt and Kuwait, as well as with other Gulf and Arab nations, during a critical period for the region.”

He noted that the outcome of the talks demonstrated “a shared commitment to ending the war in Gaza and moving quickly to implement the Arab reconstruction plan — a key objective that signals to the world the Arab world’s unified rejection of displacement and any efforts to erase the Palestinian cause.”

Beyond Gaza, Sisi and Sheikh Meshal also discussed broader regional developments, including the ongoing crises in Syria and Sudan. The leaders expressed support for the sovereignty and stability of the two nations, along with continued backing for Yemen’s legitimate government.

They also emphasized the strategic importance of safeguarding maritime security in the Red Sea and regional waterways.

In remarks carried by the Egyptian presidency, the Kuwaiti Emir hailed Sisi’s visit as a testament to the “deep and historic ties” between their countries, calling it an opportunity to strengthen cooperation across multiple sectors — particularly economic and investment-related areas.

Sisi, for his part, affirmed Egypt’s commitment to expanding its partnership with Kuwait, especially in economic cooperation. He underlined the importance of increasing bilateral trade and investment to serve the mutual interests of both peoples.