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Saudi Arabia Calls for Immediate Cessation of Escalation between Palestinians, Israelis

Palestinians wave their national flag and celebrate by a destroyed Israeli tank at the Gaza Strip fence east of Khan Younis southern Saturday, Oct. 7, 2023. (AP)
Palestinians wave their national flag and celebrate by a destroyed Israeli tank at the Gaza Strip fence east of Khan Younis southern Saturday, Oct. 7, 2023. (AP)
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Saudi Arabia Calls for Immediate Cessation of Escalation between Palestinians, Israelis

Palestinians wave their national flag and celebrate by a destroyed Israeli tank at the Gaza Strip fence east of Khan Younis southern Saturday, Oct. 7, 2023. (AP)
Palestinians wave their national flag and celebrate by a destroyed Israeli tank at the Gaza Strip fence east of Khan Younis southern Saturday, Oct. 7, 2023. (AP)

The Saudi Foreign Ministry said on Saturday the Kingdom was closely watching the unprecedented developments unfolding between Palestinian factions and Israeli forces and the ensuing escalation in violence.

In a statement, it called for an “immediate halt to the escalation.” It urged the protection of civilians and for parties to show restraint.

It reiterated the Kingdom’s previous warnings of the risk of the situation boiling over in the territories given the ongoing Israeli occupation and deprivation of the Palestinian people of their legitimate rights.

It had also warned against the ongoing systematic provocations against sanctities.

Saudi Arabia called on the international community to assume its responsibilities and activate a credible peaceful process that would end with the implementation of the two-state solution to achieve security and peace in the region and protect civilians.

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Gulf

Saudi Arabia Offers Yemen’s Central Bank New Support to Bolster Economic Stability

The Central Bank of Yemen in the interim capital Aden. (Government media)
The Central Bank of Yemen in the interim capital Aden. (Government media)
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Saudi Arabia Offers Yemen’s Central Bank New Support to Bolster Economic Stability

The Central Bank of Yemen in the interim capital Aden. (Government media)
The Central Bank of Yemen in the interim capital Aden. (Government media)

Saudi Arabia has provided new support to the Central Bank of Yemen as part of its ongoing efforts to stabilize the country's economy and financial sector, following directives from the Kingdom's leadership.

The Saudi Development and Reconstruction Program for Yemen (SDRPY) said the assistance aims to strengthen economic, financial, and monetary stability. It is also designed to build the capacity of government institutions while improving governance and transparency.

The support further aims to enable the private sector to contribute to sustainable economic growth, create job opportunities, and drive socio-economic development.

The SDRPY noted that this assistance will contribute to boosting purchasing power, improving living standards, and stimulating commercial activity. Additionally, it aims to create an environment conducive to sustainable economic recovery and development in Yemen.

The new support builds on Saudi Arabia's continuous economic and developmental assistance to Yemen. In February, the Kingdom provided 1.3 billion riyals to support the Yemeni budget for operational expenses and salaries, followed by another installment of over 224 million riyals in June for the same purpose.

The SDRPY, established in 2018, implements projects and initiatives across various development sectors, in addition to providing institutional and technical support to build the capacity of Yemeni government institutions.

Gulf

Saudi Arabia Advances Gulf Food Security Cooperation at 38th GCC Committee Meeting in Bahrain

The committee commended Saudi Arabia for its role in developing the GCC Food Security Strategy - SPA
The committee commended Saudi Arabia for its role in developing the GCC Food Security Strategy - SPA
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Saudi Arabia Advances Gulf Food Security Cooperation at 38th GCC Committee Meeting in Bahrain

The committee commended Saudi Arabia for its role in developing the GCC Food Security Strategy - SPA
The committee commended Saudi Arabia for its role in developing the GCC Food Security Strategy - SPA

Saudi Arabia participated in the 38th Meeting of the GCC Committee for Agricultural Cooperation and Food Security in Bahrain, with a delegation led by General Food Security Authority President Eng. Ahmad Alfares, where it reviewed progress in implementing the GCC Food Security Strategy, as part of efforts to deepen coordination and integration among member states and build a more resilient regional food security system capable of maintaining stable agricultural and food supply chains.

The committee commended Saudi Arabia for its role in developing the GCC Food Security Strategy and preparing a comprehensive framework for a regional plant genetic resources bank. It also recognized Saudi Arabia's efforts to establish early-warning mechanisms to monitor and analyze indicators linked to food supply chains, SPA reported.

The meeting addressed a range of issues affecting agriculture, livestock, fisheries, and food security across the GCC. Officials also reviewed a report on a consultancy project examining modern technologies and artificial intelligence applications in farm management and agricultural productivity across the Gulf states.

The project is being carried out in cooperation with the International Center for Agricultural Research in the Dry Areas (ICARDA) and the Consultative Group on International Agricultural Research (CGIAR).

The committee also followed up on decisions from its 34th meeting and reviewed the implementation of resolutions adopted at its 37th meeting. Several unified regulations, laws, and implementing rules were approved during the session.

Saudi Arabia's participation underscores its efforts to strengthen an integrated Gulf food security framework and enhance coordination among GCC members as regional and global developments affect agricultural production and food supply chains.

At the conclusion of the meeting, Saudi Arabia announced that it will host and chair the committee's 39th meeting and continue working with GCC partners to expand cooperation. Saudi Arabia also thanked Bahrain for hosting the meeting and commended efforts to ensure its success.

Gulf

Saudi FM, Vice President of Seychelles Discuss Boosting Ties

Saudi Minister of Foreign Affairs and Vice President of the Republic of Seychelles - SPA
Saudi Minister of Foreign Affairs and Vice President of the Republic of Seychelles - SPA
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Saudi FM, Vice President of Seychelles Discuss Boosting Ties

Saudi Minister of Foreign Affairs and Vice President of the Republic of Seychelles - SPA
Saudi Minister of Foreign Affairs and Vice President of the Republic of Seychelles - SPA

Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah met on Thursday at the ministry's headquarters in Riyadh Vice President of the Republic of Seychelles Sebastien Pillay.

The two sides discussed bilateral relations, reviewed opportunities to enhance cooperation across various fields, and explored ways to expand economic and tourism partnerships.

They also discussed the latest regional and international developments and several topics of common interest.