Saudi FM Meets with Palestinian Prime Minister in Munich

Saudi Foreign Minister Prince Faisal bin Farhan on Friday met with the Prime Minister of Palestine, Mohammad Shtayyeh in Germany - SPA
Saudi Foreign Minister Prince Faisal bin Farhan on Friday met with the Prime Minister of Palestine, Mohammad Shtayyeh in Germany - SPA
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Saudi FM Meets with Palestinian Prime Minister in Munich

Saudi Foreign Minister Prince Faisal bin Farhan on Friday met with the Prime Minister of Palestine, Mohammad Shtayyeh in Germany - SPA
Saudi Foreign Minister Prince Faisal bin Farhan on Friday met with the Prime Minister of Palestine, Mohammad Shtayyeh in Germany - SPA

The Saudi foreign minister Prince Faisal bin Farhan on Friday met with the prime minister of Palestine Mohammad Shtayyeh on the sidelines of the Munich Security Conference 2023 in Germany, Saudi Press Agency reported.

During the meeting, the two officials discussed issues and developments at regional and international levels.

They also discussed the outcomes of the meeting between Prince Faisal and Secretary-General of the Arab League Ahmed Aboul Gheit with the High Representative of the EU for Foreign Affairs and Security Policy, Josep Borrell, in Brussels, on reviving the peace process in the Middle East, under the resolutions of international legitimacy and the Arab peace initiative.

During his trip to Germany, Prince Faisal also took part in a panel discussion on energy security held on the sidelines of Munich Security Conference 2023.

A number of senior officials, representatives of government, academia and civil society institutions participated in the event.

The officials discussed the importance of boosting international cooperation to maintain global energy market stability. They also reviewed several issues and international developments regarding energy security and the efforts being exerted towards them.



Albudaiwi Affirms Solidity of GCC Economy to Face Economic Challenges

Secretary General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi
Secretary General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi
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Albudaiwi Affirms Solidity of GCC Economy to Face Economic Challenges

Secretary General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi
Secretary General of the Gulf Cooperation Council (GCC) Jasem Albudaiwi

Secretary General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi affirmed the solidity and strength of the GCC economy and its ability to face economic challenges, the Saudi Press Agency said on Saturday.
Albudaiwi’s statement came in his recorded speech at the roundtable meeting between the GCC and American companies, which was held under the patronage of the US Chamber of Commerce on Thursday, June 27, 2024, in the US capital, Washington.
The steps taken by the GCC countries to strengthen trade and investment ties with the US focused greatly on the mutual benefits of this economic partnership, said Albudaiwi.
He also stressed that the six GCC countries enjoy long-term and strong trade and investment relations with the US, and these relations are witnessing clear and significant progress, explaining that these partnerships play a pivotal role in enhancing economic growth, innovation and development across various sectors.
During his speech, he projected some statistics that confirm the progress of cooperation between the two sides, such as achieving bilateral trade between the GCC countries and the US in 2023 of around $180 billion.
GCC countries have also achieved great success in the energy sectors, ranking first globally in crude oil production and reserves and second in natural gas reserves, he noted.
Touching on future strategic GCC projects, such as the GCC railway project, he said it will enhance connectivity between Middle Eastern countries and provide great cooperation opportunities with American partners. He added that the Council countries are working at an accelerated pace to develop digital infrastructure and transition to a technology-based diversified economy.
Albudaiwi concluded by expressing the commitment of the GCC countries to enhancing stability and development in the region, pointing to the ongoing GCC's efforts to resolve regional conflicts and maintain peace and security to achieve more growth and prosperity. He underscored the determination of the GCC countries to deepen cooperation with the US, and ensure sustainable economic growth for future generations on both sides.