
Saudi Arabia assumes presidency of GlobeE anti-corruption network
RELATED TOPICS
Global LEGAL SAUDI ARABIA
RELATED COMPANIES
VIENNA — Saudi Arabia, represented by the Oversight and Anti-Corruption Authority (NAZAHA), assumed the presidency of the Global Operations Network of Law Enforcement Authorities Concerned with Combating Corruption (GlobE Network), in an official ceremony held at the United Nations headquarters in the Austrian capital, Vienna.
This handover came after Saudi Arabia was unanimously elected to chair the network for the period 2025-2027, at a high-level meeting held earlier in the Chinese capital, Beijing.
Saudi Arabia's assumption of the presidency of the network, which represents the largest international platform for coordinating joint efforts between law enforcement agencies to investigate and combat cross-border corruption, is in appreciation by member states of Saudi Arabia's efforts in combating corruption.
It also reflects the international community's confidence in Saudi Arabia's capabilities to enhance international cooperation to prosecute perpetrators of corruption crimes and combat cross-border corruption, as the network includes more than 219 law enforcement agencies representing more than 120 countries, in addition to many international networks and organizations around the world.
The handover ceremony witnessed the transfer of leadership from the Chief Prosecutor of the Anti-Corruption and Organized Crime Office of Spain, the former President of the Network, to the Saudi representative Dr. Nasser Aba Al-Khail, Undersecretary of the Oversight and Anti-Corruption Authority for International Cooperation, in the presence of representatives of the United Nations Office on Drugs and Crime (UNODC), and several senior international officials and representatives of the Network's member states.
Dr. Aba Al-Khail stressed that Saudi Arabia, during its presidency of the network, seeks to enhance cooperation between member states to combat corruption within the framework of the United Nations Convention against Corruption, and to launch a secure communications platform; which will raise the level of international cooperation and increase the ability of governments to address emerging challenges in combating corruption, and to track illicit funds across borders more effectively.
© Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info).
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The National
29 minutes ago
- The National
Emirates to resume flights to Damascus from July
Dubai carrier Emirates airline will resume flights to Syrian capital Damascus from next month. The first flight is planned for take off on Wednesday, July 16. Going forward, there will be three services per week, on Sunday, Monday and Wednesday. This number will increase to four flights from August 2, with Saturday added to the timetable. By October 26, Emirates will further expand services to fly to the historic city daily. The route was ceased by the Dubai-based carrier in 2012, as civil war broke out in Syria. But since the fall of former Syrian President Bashar Assad's regime late last year, followed by the lifting of sanctions on Syria by US President Donald Trump during his visit to the Gulf, several airlines have begun to reopen the route. In May, Emirates' sister airline flydubai said it would resume flights to Damascus after 12 years. Flydubai's flight FZ 115 touched down at Damascus International Airport on Sunday, after taking off from Dubai International at 6.30am local time. Saudi airline flynas also announced last week it will reintroduce the route from Riyadh and Jeddah from June 12. 'Emirates is pleased to restart operations to Damascus and support Syria's road ahead by providing better choice and connectivity, essential economic links for inwards investment as well as opening new trade lanes and global market access for the country," said Sheikh Ahmed bin Saeed, chairman and chief executive of the Emirates airline and group. "Re-establishing air travel and connectivity is also good news for our customers who make up the expansive Syrian diaspora across the Americas, Europe and the GCC, who are eager to fly back home and reconnect to their roots, and leverage their knowledge, skills, expertise and resources in ongoing development efforts. "We would like to thank the Syrian authorities for their support in strengthening connectivity between Dubai and Damascus, and look forward to boosting links to and from the country through our regularly scheduled operations.' The service will operate with a 302-seat Boeing 777-200LR, 38 of which will be business class seats. Taking off from Dubai International Airport at noon local time, the soon-to-be-daily route will arrive at Damascus International Airport at 2.10pm local time.


Sharjah 24
3 hours ago
- Sharjah 24
Al Darei: Grand Hajj symposium unites visions and ideas
Gathering of Islamic leaders and scholars The symposium brought together senior officials, scholars, and thinkers from across the Islamic world to discuss the development and enhancement of Hajj and Umrah affairs. Dr Al Darei highlights the importance of collaboration Dr Al Darei praised Saudi Arabia's continued efforts in improving Hajj and Umrah services, stating that the Grand Hajj Symposium serves as a vital platform for aligning visions and ideas among countries and Hajj missions. He emphasized that the symposium promotes innovative initiatives and facilitates the exchange of best practices in Hajj operations. Advancing UAE-Saudi cooperation Dr Al Darei also stressed the strength of the UAE–Saudi relationship, describing it as rooted in shared values and a common destiny, and affirmed the importance of ongoing collaboration in religious and other strategic areas. Focus on technology and service enhancement The symposium featured scientific sessions and discussions on modernising the Hajj experience through the use of technology and artificial intelligence, aiming to improve services and ensure a safer, more efficient pilgrimage for all.


Arabian Post
4 hours ago
- Arabian Post
Saudi Push Reshapes OPEC+ Oil Production Strategy
Arabian Post Staff -Dubai Prince Abdulaziz bin Salman's tenure as Saudi Arabia's energy minister has marked a decisive shift in OPEC+ dynamics, culminating in a significant production decision that underscores Riyadh's growing influence within the cartel. The latest OPEC+ meeting saw Saudi Arabia successfully advocate for a third consecutive super-sized monthly output increase, a move that has reshaped the alliance's approach to oil supply management despite opposition from key players such as Russia. Since assuming office six years ago, Prince Abdulaziz has positioned Saudi Arabia as a firm leader within OPEC+, emphasising discipline and adherence to agreed production quotas. This approach contrasts with the historically more conciliatory stance the kingdom sometimes took within the cartel. The current strategy reflects a broader ambition to reclaim market share lost to non-compliant members and emerging producers outside the alliance's remit. ADVERTISEMENT The decision to boost output again—by approximately 500,000 barrels per day—signals a willingness to absorb short-term price volatility in favour of longer-term market dominance. Riyadh's strategy appears geared towards punishing those within OPEC+ who have routinely exceeded their quotas, thereby undermining the cartel's collective efforts to control supply and sustain prices. Saudi Arabia's emphasis on stringent compliance aims to reinforce OPEC+ cohesion, even at the risk of dampening crude prices temporarily. Russia's resistance to the output increase highlighted fissures within OPEC+ as Moscow has consistently advocated a more cautious production approach, citing concerns over oversupply and the fragility of global demand recovery. Russia's stance reflects a balancing act between maximising revenue and preserving the alliance's unity. However, Saudi Arabia's assertiveness in pushing the hike through demonstrates Riyadh's readiness to leverage its dominant production capacity and market position to set the cartel's agenda. Global oil markets responded to the output hike by seeing a downward adjustment in prices, reflecting the increased supply entering the market. This shift contrasts with the supply restraint policies of previous years, which had been instrumental in stabilising prices amid fluctuating demand and geopolitical uncertainty. Market analysts note that the Saudi-led increase could signal a new phase in OPEC+ policy, one in which Riyadh is prioritising market share recovery over price support. The broader context of this development involves multiple factors. The energy transition and climate policies worldwide have added pressure on oil producers, particularly those heavily reliant on hydrocarbons. Saudi Arabia's move suggests a pragmatic response to these challenges, aiming to maximise current revenues while investing in diversification strategies such as renewable energy and petrochemicals. The kingdom's position as the de facto swing producer within OPEC+ gives it substantial leverage. Saudi Arabia can modulate output to influence global prices, a power that has been increasingly evident under Prince Abdulaziz's stewardship. The kingdom's vast spare capacity and low production costs enable it to sustain output increases that smaller or higher-cost producers cannot match. ADVERTISEMENT The decision also reflects Saudi Arabia's geopolitical considerations. Energy policy remains a critical tool of regional influence and international diplomacy. By asserting control over OPEC+ production decisions, Riyadh reinforces its leadership role not only within the cartel but also in broader energy markets, which remain pivotal to global economic stability. The internal dynamics of OPEC+ have evolved since the alliance's formation in 2016. Initially established to coordinate between OPEC members and major non-OPEC producers like Russia, the group has faced ongoing challenges balancing competing national interests. Saudi Arabia's push for discipline and market share signals a new era where Riyadh asserts a more centralised command, even if that risks tensions with key allies. The output increase also responds to market signals, including stronger oil demand forecasts and inventory levels that have stabilised. By expanding supply, Saudi Arabia aims to pre-empt supply shortages that could push prices beyond levels palatable to consuming nations and industries. This approach seeks to sustain demand growth by ensuring adequate supply and avoiding disruptive price spikes. Critics argue that the output hike risks destabilising markets by flooding them with excess supply amid uncertainties in global economic growth, inflation, and energy transition timelines. They caution that prolonged lower prices could undermine investment in the oil sector, affecting long-term supply security. However, proponents view Saudi Arabia's move as a necessary recalibration to reinforce market order and assert control over a fragmented supply landscape. The ripple effects of the Saudi-led decision extend beyond OPEC+ members. Non-OPEC producers, including the United States shale industry, watch closely as changes in cartel policy impact global price signals and investment decisions. The output hike could influence the pace and scale of shale production, which remains a significant factor in global supply dynamics. As the alliance navigates these complexities, Saudi Arabia's approach under Prince Abdulaziz bin Salman sets a clear tone of leadership and strategic resolve. The kingdom's readiness to push through output increases despite opposition illustrates its confidence in wielding its production capacity as a geopolitical and economic tool. This assertive posture aligns with Saudi Arabia's broader economic vision, including the ambitious Vision 2030 plan to diversify its economy and reduce dependence on oil revenues. Managing oil production to balance market share and price stability forms a critical part of this strategy, enabling the kingdom to finance diversification projects and maintain fiscal stability.