Custodian of the Two Holy Mosques King Salman bin Abdulaziz stressed on Monday that the novel coronavirus pandemic demonstrated the flexibility and strength of the Saudi economy.
In an address before the Business 20, he said: ‘We are determined to boost development and prosperity through empowerment and investment in new sectors’.
Minister of Investment Khalid al-Falih read the speech on King Salman’s behalf.
‘The empowerment of youth and women are among the main priorities of the G20’, continued King Salman.
Moreover, he stressed that the G20 has been committed to ‘plugging the financial deficit in the World Health Organization’. It has therefore, contributed 21 billion dollars to support the production of diagnosis tools, treatments, medicines and vaccines, ensuring that they are distributed to all in need.
It has also pumped around 11 trillion dollars to protect the global economy, committing to do ‘all it can’ to overcome the impact of the pandemic.
The G20 had discussed best practices to support the revival of global trade, stimulate economic diversity and boost international investment, continued King Salman.
‘We cannot speak about new horizons in the G20 without discussing innovative solutions that can help develop the financial infrastructure, improve global trade systems and protect the private sector’, he said.
King Salman Heads Saudi Arabia’s First In – Person Cabinet Session Since Pandemic
Saudi Arabia’s King Salman bin Abdul Aziz headed on Tuesday the first in – person Cabinet meeting in Riyadh since COVID-19 disrupted activities globally. The Council of Ministers met at the al – Yamamah Palace in Riyadh on Tuesday to discuss a range of events front recent leaps made in bilateral ties with a number … More King Salman Heads Saudi Arabia’s First In – Person Cabinet Session Since Pandemic
Saudi Arabia To Host LEAP Tech Conference To Address Future Challenges
RIYADH, Saudi Arabia – Saudi Arabia will host the global technology conference LEAP on Feb.1 to 3 in Riyadh to address future challenges, as it consolidates its digital regional and global leadership. Targeting the attendance of 40,000 local and international visitors, the conference will involve over 350 speakers from 80 countries, as well as 700 … More Saudi Arabia To Host LEAP Tech Conference To Address Future Challenges
U.S. Citizens In UAE Warned To Maintain Security Awareness – Embassy Website
DUBAI – The U.S. Embassy and Consultate in the United Arab Emirates advised its citizens in the country to ‘maintain a high level of security awareness’ in a statement on Monday, following reports of a possible missile attack and accompanying missile defence activity over Abu Dhabi earlier in the morning. Such Statement are rare, for … More U.S. Citizens In UAE Warned To Maintain Security Awareness – Embassy Website
UAE Intercepts Houthi Attack, Saudi Arabia Reports Two Injured By Fallen Missile
PARIS, France – The United Arab Emirates intercepted and destroyed two Houthi ballistic missiles targeting the Gulf country on Monday with no causalities, its defence ministry said, following a deadly attack a week earlier. Fore more than six years, Yemen’s Houthis have been battling a Saudi – led coalition that includes the UAE, repeatedly carrying … More UAE Intercepts Houthi Attack, Saudi Arabia Reports Two Injured By Fallen Missile
Saudi – Led Coalition Says Houthi Missile Fell In Industrial Zone
PARIS, France – The Saudi – led coalition fighting in Yemen said a ballistic missile fired by the Iran – aligned Houthi movement had fallen in a southern industrial zone, state media reported on Sunday. A resident sustained minor injuries in the attack, according to the official Saudi Press Agency, which added that it was … More Saudi – Led Coalition Says Houthi Missile Fell In Industrial Zone
UAE Grounds Most Private Drones For A Month After Houthi Attack
PARIS, France – The United Arab Emirates has grounded most private drones and light sports aircraft used for recreational purposes for a month starting Saturday, the Interior Ministry said, following a deadly attack his week by Yemen’s Houthis on the Gulf country. The UAE has said that the Iran – aligned Houthi movement used cruise … More UAE Grounds Most Private Drones For A Month After Houthi Attack
FDA Expands Use Of Remdesivir To Patients With High Risk Of Hospitalization
PARIS, France – The U.S. health regulator on Friday expanded its approval for the use of Gilead Sciences’ antiviral drug remdesivir to treat non – hospitalized patients 12 years and older for the treatment of mild – to – moderate COVID -19 disease with high risk of hospitalization. Previously, the use of Veklury was limited … More FDA Expands Use Of Remdesivir To Patients With High Risk Of Hospitalization
U.N. Chief Condemns Deadly Saudi – Led Coalition Strike In Yemen
PARIS, France – United Nations Secretary – General Antonio Guterres condemned air strikes by a Saudi – led coalition in Yemen on Friday that reportedly killed at least 60 people in detention center in the Houthi – held Saada province. A Reuters witness said several people, including African migrants, died in the attack. Guterres’ spokesman, … More U.N. Chief Condemns Deadly Saudi – Led Coalition Strike In Yemen
U.S Calls For De – Escalation Of Saudi – Houthi Conflict In Yemen
WASHINGTON – There needs to be a de – escalation in the conflict between a Saudi – led military coalition and the Iran – aligned Houthi group in Yemen, U.S. Secretary of State Antony Blinken said on Friday following air strikes that killed scores of people. ‘The escalation in fighting only exacerbates a dire humanitarian … More U.S Calls For De – Escalation Of Saudi – Houthi Conflict In Yemen
U.S. Commits To Helping Saudi Arabia, Gulf Partners Defend Against Threats From Yemen
The U.S. reiterated its commitment to helping Saudi Arabia and its Gulf partners defend themselves against threats from Yemen and other places in the region, the State Department said after a call between Secretary of State Antony Blinken and Prince Faisal bin Farhan. ‘Secretary Blinken reiterated the U.S. commitment to help Gulf partners improve their … More U.S. Commits To Helping Saudi Arabia, Gulf Partners Defend Against Threats From Yemen
Lebanese Museum Returns Artefacts From Syria’s Ancient City Of Palmyra
BEIRUT – Five Roman artefacts from the ancient city of Palmyra, a site damaged during Syria’s decade – long conflict, were returned to Damascus on Thursday by a private Lebanese museum where they had been on display since 2018. The limestone statues and carved funerary stones dating from the Roman second and third centuries AD … More Lebanese Museum Returns Artefacts From Syria’s Ancient City Of Palmyra
Loading…
Something went wrong. Please refresh the page and/or try again.
ARABIA 5AM NEWS 