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Minister of Investment Heads Saudi Government and Private Delegation to Latin America

Saudi Minister of Investment Khalid Al-Falih. (SPA)
Saudi Minister of Investment Khalid Al-Falih. (SPA)
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Minister of Investment Heads Saudi Government and Private Delegation to Latin America

Saudi Minister of Investment Khalid Al-Falih. (SPA)
Saudi Minister of Investment Khalid Al-Falih. (SPA)

Minister of Investment Khalid Al-Falih is heading a high-level delegation composed of a number of government agencies, national companies and representatives of the private sector scheduled to pay an official tour of seven Latin American nations between July 31 and August 9, 2023, SPA said on Monday.
An official report said that the tour will take the Saudi delegation to the Federative Republic of Brazil, the Republic of Chile, the Republic of Costa Rica, the Republic of Argentina, the Republic of Panama, the Republic of Paraguay and the Republic of Uruguay.
The tour aims to strengthen investment relations, review the existing strategic partnership between the Kingdom of Saudi Arabia and Latin American countries, and highlight the qualitative and unprecedented opportunities that the Kingdom abounds in all fields.
In his first leg, Al-Falih is set to open the Brazilian-Saudi Investment Forum on Monday, in the presence of senior officials from the two countries. In addition, several officials and CEOs of major companies and representatives of the private sector from the two countries will participate in the forum, in order to enhance investment relations in all fields.
The forum will review investment opportunities and the environment in the Kingdom of Saudi Arabia and the Federative Republic of Brazil as well. It will also include discussion sessions on a number of topics aimed at strengthening investment relations in various areas of common interest, including investment opportunities in mining, food processing, agriculture, transport and logistics, health care, entertainment, pharmaceuticals and biotechnology. Moreover, the forum will highlight the possibility of partnership between investors in the two countries, with the participation of representatives of government agencies, the private sector and major Saudi and Brazilian companies.
During his tour of the other six-nation Latin American countries, the Minister of Investment and his accompanying delegation are scheduled to hold several roundtable-meetings with representatives of companies with the aim of exploring opportunities to strengthen and deepen investment partnerships.
The tour comes as an extension of previous visits organized by the Ministry of Investment to a number of Caribbean and Latin and South American countries aiming to enhance investment relations with the region, within the Kingdom’s keenness to build bridges of communication with various countries of the world.

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Gulf

Pakistan Supports Saudi Arabia, Welcomes Regional Efforts to De-escalate Situation in Yemen

The Pakistani flag is seen in Islamabad. AP file photo
The Pakistani flag is seen in Islamabad. AP file photo
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Pakistan Supports Saudi Arabia, Welcomes Regional Efforts to De-escalate Situation in Yemen

The Pakistani flag is seen in Islamabad. AP file photo
The Pakistani flag is seen in Islamabad. AP file photo

Pakistan has confirmed its support for Yemen’s unity and territorial integrity, and for all efforts aimed at achieving lasting peace and stability in the country.

The Pakistani Ministry of Foreign Affairs said in a statement issued Wednesday that Pakistan strongly opposes any unilateral actions taken by any Yemeni party that escalate the situation, undermine peace efforts, and threaten peace and stability in Yemen and the region.

The statement said Pakistan welcomes regional efforts to de-escalate the situation and maintain peace and stability in Yemen, expresses its full solidarity with Saudi Arabia, and reaffirms its commitment to the Kingdom’s security.

It added that Pakistan maintains its strong support for resolving the Yemen issue through dialogue and diplomacy, and hopes that the Yemeni people and regional powers will work together to reach a comprehensive and lasting settlement of the issue and safeguard regional stability.

Gulf

Saudi-Palestinian Discussions Focus on Gaza, the West Bank

The Saudi Foreign Minister met on Wednesday in Riyadh with Vice President of the State of Palestine and Vice Chairman of the PLO's Executive Committee. SPA
The Saudi Foreign Minister met on Wednesday in Riyadh with Vice President of the State of Palestine and Vice Chairman of the PLO's Executive Committee. SPA
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Saudi-Palestinian Discussions Focus on Gaza, the West Bank

The Saudi Foreign Minister met on Wednesday in Riyadh with Vice President of the State of Palestine and Vice Chairman of the PLO's Executive Committee. SPA
The Saudi Foreign Minister met on Wednesday in Riyadh with Vice President of the State of Palestine and Vice Chairman of the PLO's Executive Committee. SPA

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah met on Wednesday in Riyadh with Vice President of the State of Palestine and Vice Chairman of the Executive Committee of the Palestine Liberation Organization (PLO) Hussein Al Sheikh.

During the meeting, they discussed developments in the Gaza Strip and the West Bank, including the dire humanitarian conditions facing Gaza residents, ongoing Israeli violations of the ceasefire, and Israeli escalation in the West Bank. They stressed the importance of the unhindered delivery of humanitarian aid.

The two sides also underlined the need for the release of Palestinian Authority funds, the protection of the Palestinian banking system, and commitment to implementing the comprehensive peace plan put forward by US President Donald Trump.

The meeting highlighted Saudi Arabia’s support for the reform program launched by Palestinian President Mahmoud Abbas and praised the efforts of the US president.

The two sides affirmed the importance of connecting Gaza to the West Bank and continuing efforts, in coordination with brotherly countries and international partners, to ensure the legitimate rights of the Palestinian people, including the realization of an independent state with East Jerusalem as its capital.

The meeting was attended by Advisor to the Foreign Minister for Political Affairs Prince Musab bin Mohammed Al Farhan and Minister Plenipotentiary at the Ministry of Foreign Affairs Manal Radwan.

Gulf

Saudi Arabia Stresses Support for Somalia’s Sovereignty

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah. SPA
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah. SPA
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Saudi Arabia Stresses Support for Somalia’s Sovereignty

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah. SPA
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah. SPA

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah received a phone call on Wednesday from Somali Minister of Foreign Affairs and International Cooperation Abdisalam Abdi Ali.

Discussions stressed the importance of preserving the sovereignty, unity and territorial integrity of Somalia and addressed regional developments and other issues of mutual concern.