GCC Preparatory Ministerial Meeting Discusses Gulf-Chinese Summit

Foreign Ministers of the Gulf Cooperation Council and the Secretary-General pose for a photo (SPA)
Foreign Ministers of the Gulf Cooperation Council and the Secretary-General pose for a photo (SPA)
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GCC Preparatory Ministerial Meeting Discusses Gulf-Chinese Summit

Foreign Ministers of the Gulf Cooperation Council and the Secretary-General pose for a photo (SPA)
Foreign Ministers of the Gulf Cooperation Council and the Secretary-General pose for a photo (SPA)

The Foreign Ministers of the Gulf Cooperation Council (GCC) held Wednesday the 154th Preparatory Ministerial Council meeting of the GCC Supreme Council in Riyadh.

The meeting was chaired by the Foreign Minister of Oman, Badr al-Busaidi, Chairman of the current session of the GCC Ministerial Council, with the participation of GCC Secretary-General Naif Falah al-Hajraf, Saudi Foreign Minister Prince Faisal bin Farhan, and GCC Foreign Ministers.

The meeting discussed enhancing cooperation and joint coordination between the GCC countries, and the latest developments in the region and the world.

The officials also addressed the agenda of the Riyadh-Gulf-Chinese Summit for Cooperation and Development, which will be attended by Chinese President Xi Jinping, along with the GCC leaders.



Riyadh Municipality Introduces Investment Opportunities for Private Sector

Riyadh Municipality Introduces Investment Opportunities for Private Sector
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Riyadh Municipality Introduces Investment Opportunities for Private Sector

Riyadh Municipality Introduces Investment Opportunities for Private Sector

The Riyadh Municipality has introduced a range of investment opportunities for 2025 through the electronic platform "FURAS," which serves as the primary source for all investors interested in real estate and municipal investments, aiming to create a conducive environment for investment and enhance economic and urban development in the city.

The opportunities encompass over 20 investment sites featuring a range of activities, with areas totaling more than 175,000 square meters. They include commercial ventures, multi-activity residential and commercial spaces, mobile sports clubs, sites designated for the construction of concrete and building materials factories, as well as a café and an ATM.

This step serves as an extension of the Riyadh Municipality's strategy aimed at strengthening the private sector's involvement in urban development.

It facilitates active participation in the development of facilities and services, fostering integration between government initiatives and investment efforts to address societal needs.

Additionally, it contributes to improving the quality of urban life and advancing the objectives of Vision 2030.