World Energy Council to Asharq Al-Awsat: Saudi Arabia Plays Major Diplomatic Role

Secretary General of the World Energy Council Dr. Angela Wilkinson speaks to Asharq Al-Awsat in Riyadh. (Asharq Al-Awsat)
Secretary General of the World Energy Council Dr. Angela Wilkinson speaks to Asharq Al-Awsat in Riyadh. (Asharq Al-Awsat)
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World Energy Council to Asharq Al-Awsat: Saudi Arabia Plays Major Diplomatic Role

Secretary General of the World Energy Council Dr. Angela Wilkinson speaks to Asharq Al-Awsat in Riyadh. (Asharq Al-Awsat)
Secretary General of the World Energy Council Dr. Angela Wilkinson speaks to Asharq Al-Awsat in Riyadh. (Asharq Al-Awsat)

Secretary General of the World Energy Council Dr. Angela Wilkinson said Saudi Arabia plays an influential diplomatic role on the global stage, noting that its contribution is often underappreciated.

In remarks to Asharq Al-Awsat on the sidelines of the ninth edition of the Future Investment Initiative (FII) conference in Riyadh, Wilkinson highlighted that the council’s member community in Saudi Arabia is working on several fronts to ensure wider access to reliable and sustainable energy — not only within the Kingdom but also through initiatives such as the Saudi Green Initiative and the Middle East Green Initiative, as well as broader international efforts.

She said she is always pleased to visit the Kingdom and observe the tangible progress being made, while also following Saudi-supported projects in Africa and Southeast Asia that aim to improve living conditions in developing regions.

World Energy Congress

Wilkinson said Riyadh will host the World Energy Congress in October 2026, describing the gathering as an opportunity to reunite a global energy sector increasingly marked by fragmentation and polarization.

She noted that the event will provide a platform to assess the world’s current position amid rapid transformation and explore how countries can embrace new opportunities and advance together.

Her ambition, she added, is to deliver the most successful World Energy Congress in the council’s history and showcase the progress taking place in Saudi Arabia and other parts of the world.

Geopolitical shifts and sustainability

Wilkinson discussed ongoing geopolitical changes in the energy landscape, saying that the introduction of new technologies and the entry of more countries and players have made providing cleaner, more accessible energy for billions of people one of the defining challenges of the century.

She emphasized that energy transitions cannot follow a single universal model, underscoring the need for each nation to balance energy security, affordability, accessibility, and environmental sustainability.

For two decades, the World Energy Council has published the World Energy Trilemma Index, which measures national performance across these areas and supports knowledge-sharing to strengthen policy and management practices.

Winds of change from the Middle East

According to Wilkinson, the Middle East has become a key driver of global energy transformation. While countries such as China and Japan face the pressures of aging populations, the Middle East remains youthful and dynamic, with distinct demographic and climatic conditions that are reshaping energy systems.

She noted that the new frontiers of energy extend beyond digitalization to encompass demographic and environmental dimensions that will define future demand and supply patterns.

Humanizing energy

Wilkinson said the global conversation on energy is shifting toward a deeper understanding of how demand evolves and how societies can adapt to changing needs. She reaffirmed the council’s vision of “Humanizing Energy,” which focuses on cooperation and shared responsibility.

Energy, she stressed, is a collective endeavor that underpins civilization and human progress, and ensuring its equitable and sustainable flow is essential for a prosperous future for all.



Mawani Signs 3 MoUs with Global Shipping Lines to Support Saudi Exports

Mawani Signs 3 MoUs with Global Shipping Lines to Support Saudi Exports
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Mawani Signs 3 MoUs with Global Shipping Lines to Support Saudi Exports

Mawani Signs 3 MoUs with Global Shipping Lines to Support Saudi Exports

The Saudi Ports Authority (Mawani) signed on Tuesday three memoranda of understanding (MoUs) with major international shipping lines: MSC, Maersk, and CMA CGM.

The agreements were signed on the sidelines of the Made in Saudi Expo 2025 and in partnership with the Saudi Export Development Authority (Saudi Exports).

The memoranda aim to support national exports and Saudi exporters by boosting access to global markets through an integrated logistics services ecosystem that connects the Kingdom’s ports with international destinations via leading global shipping lines.

The initiative provides exporters with broader opportunities for expansion and growth, while reinforcing international confidence in the quality of Saudi products by ensuring fast, efficient, and reliable delivery.

The MoUs establish a strategic framework for cooperation among the signatories to deliver innovative and integrated logistics solutions, facilitate the export of Saudi products, and boost the availability of empty containers at the Kingdom’s ports to ensure sufficient inventory levels that meet exporters’ needs.

They aim to expand joint initiatives that contribute to increasing Saudi exports in line with the goals of Saudi Vision 2030. This includes organizing workshops, conferences, and exhibitions to raise awareness, bolster exporters’ capabilities, measure satisfaction with logistics services, and promote national exports globally.

The MoUs seek to improve Saudi exporters’ access to new markets by providing advanced and efficient logistics solutions through Jeddah Islamic Port, King Abdulaziz Port in Dammam, and Jubail Commercial Port, alongside efforts to further automate port operations.


Saudi Arabia, Syria Discuss Industrial Investment Partnerships

Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef during Tuesday's meeting. (SPA)
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef during Tuesday's meeting. (SPA)
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Saudi Arabia, Syria Discuss Industrial Investment Partnerships

Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef during Tuesday's meeting. (SPA)
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef during Tuesday's meeting. (SPA)

Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef held talks in Riyadh on Tuesday with Syrian Minister of Economy and Industry Nedal Al-Shaar on ways to strengthen economic relations and develop industrial investment partnerships between their countries.

Alkhorayef praised Syria’s participation as Guest of Honor in the third edition of the Made in Saudi Expo, noting that this reflects the depth of fraternal relations and the shared economic ties between the two countries.

The officials discussed aspects of industrial cooperation and the opportunities for Syria to benefit from the Kingdom’s expertise and successful experience in developing its industrial sector.

They addressed prominent export opportunities that can support trade growth, strengthen industrial and economic integration between Saudi Arabia and Syria, and advance their developmental goals and shared interests.

Separately, Alkhorayef revealed that the Kingdom’s non-oil exports reached SAR307 billion in the first half of this year, marking the highest semiannual growth on record. 

He made the announcement during his participation in a dialogue session with Al-Shaar on the sidelines of the Made in Saudi Expo 2025. 

Alkhorayef explained that Saudi Vision 2030, through its initiatives, has driven record performance and sustained growth in non-oil exports over the past few years by unlocking national industrial capabilities, boosting the quality of Saudi products, and expanding their access to global markets. 

He highlighted opportunities for cooperation between Saudi Arabia and Syria in developing industrial cities, enabling Damascus to benefit from the Kingdom’s successful experience in export development and local content support, thereby contributing to its economic growth. 

Alkhorayef underlined the level of efficiency, skill, and craftsmanship demonstrated by Syrian investors in the Kingdom’s industrial sector, hoping that the industrial sector would become a key pillar of Syria’s economic advancement. 

He also addressed trade development between the two countries, noting that Saudi non-oil exports to Syria totaled SAR1.2 billion in the first nine months of 2025. 


Saudi Inflation Slows to Nine-Month Low in November

 People enjoy sitting outdoors as the summer heat eases in Riyadh (AFP). 
 People enjoy sitting outdoors as the summer heat eases in Riyadh (AFP). 
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Saudi Inflation Slows to Nine-Month Low in November

 People enjoy sitting outdoors as the summer heat eases in Riyadh (AFP). 
 People enjoy sitting outdoors as the summer heat eases in Riyadh (AFP). 

Saudi Arabia’s annual inflation rate slowed to 1.9 percent in November 2025, its lowest level in nine months, down from 2.2 percent in October, driven by easing housing costs and lower prices for food and beverages.

On a monthly basis, inflation remained broadly stable, edging up 0.1 percent compared with October.

According to data released on Monday by the Saudi General Authority for Statistics (GASTAT), the housing, water, electricity, gas and other fuels category rose 4.3 percent year on year in November, down from 4.5 percent in October. Within that category, actual housing rents increased 5.4 percent, slowing from 5.7 percent a month earlier.

Prices in the food and beverages category rose 1.3 percent, reflecting a 1.6 percent increase in the prices of fresh, chilled and frozen meat. The transport category climbed 1.5 percent, driven by a 6.4 percent rise in passenger transport services.

The personal care, social protection and miscellaneous goods and services category recorded the largest annual increase, up 6.6 percent, supported by a 19.9 percent surge in prices of other personal products, influenced by a 21.6 percent rise in jewelry and watch prices.

Prices for insurance and financial services increased 5.1 percent, led by an 8.4 percent rise in insurance costs. The recreation, sports and culture category rose 1.3 percent, reflecting a 2.1 percent increase in holiday package prices.

In contrast, prices for furniture, household equipment and routine household maintenance declined 0.3 percent. The restaurants and accommodation services category also fell 0.5 percent, as accommodation service prices decreased 2.3 percent.

GASTAT noted that the Consumer Price Index (CPI) measures changes in prices paid by consumers for a fixed basket of 582 items, while the Wholesale Price Index (WPI) tracks price movements of goods at the pre-retail stage for a fixed basket of 343 items.