UAE leaders condole Saudi King over passing of Princess Bazah bint Saud
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Khaleej Times
3 hours ago
- Khaleej Times
Gulf countries welcome France's recognition of Palestinian state
Saudi Arabia and fellow Gulf Arab states on Friday welcomed President Emmanuel Macron's announcement that France would recognise the state of Palestine, and urged other countries to follow suit. Other European Union members have recognised Palestine since the Gaza war erupted in October 2023 but France is the first member of the G7 group of major advanced economies to do so. The Saudi foreign ministry said "the kingdom commends this historic decision, which reaffirms the international community's consensus on the Palestinian people's right to self-determination and to establish their independent state". It called on other countries "that have not yet recognised the State of Palestine to take similar positive steps". Macron said on Thursday that France would formally recognise a Palestinian state during a United Nations meeting in September. A ministerial-level meeting co-chaired by France and Saudi Arabia to discuss a two-state solution to the Israeli-Palestinian conflict is planned for later this month. Qatar, a key mediator in indirect negotiations between Israel and Hamas on ending the Gaza war, also welcomed the French move. Its foreign ministry said the move "constitutes significant support for the legitimate rights of the brotherly Palestinian people" and "contributes to advancing prospects for achieving a just and comprehensive peace in the region". The Kuwaiti foreign ministry said it "commended this significant step". The six-nation Gulf Cooperation Council (GCC) also praised the move.
Gulf Business
8 hours ago
- Gulf Business
Saudi investment delegation signs $6.4bn in deals during Syria visit
Image: Saudi Press Agency A high-level Saudi investment delegation, led by Minister of Investment Eng. Khalid Al-Falih, has concluded a multi-day visit to Syria aimed at strengthening economic ties and driving long-term cooperation across key sectors. The visit, which included a series of meetings with Syrian officials, culminated in the Syrian-Saudi Investment Forum, held under the patronage of Syrian President Ahmad al-Sharaa. Several ministers and senior officials from both nations participated in the event. During the forum, 47 Saudi-Syrian investment agreements were signed, with a total value of nearly $6.4bn (SAR24bn). The deals span a wide array of sectors, including real estate, infrastructure, finance, communications and IT, energy, industry, tourism, trade, investment, and healthcare. On the sidelines of the forum, a ministerial session brought together Eng. Al-Falih, Syrian Minister of Economy and Industry Dr. Mohammad Nidal Al-Shaar, Minister of Tourism Mazen Al-Salhani, and Saudi-Syrian Business Council and ACWA Power chairman Mohammad Abunayyan. Discussions focused on revitalising economic ties and Saudi Arabia's support for Syria's post-conflict reconstruction. The session also underscored the commitment of Saudi Arabia, under the leadership of King Salman bin Abdulaziz Al Saud and Crown Prince Mohammed bin Salman, to enabling Syria's recovery through investments and partnerships. Projects Several notable projects were announced during the forum. Al-Badia Cement Company unveiled plans to invest over $200mto expand its grinding, packaging, and power generation capacities, aiming to boost annual output to more than 5 million tons. The company also expressed interest in partnering with the Syrian government to enhance state-owned cement operations and ensure market stability. Minister Al-Falih also met with various Syrian ministers to explore additional avenues of cooperation supporting comprehensive development. Read: As part of the visit, the delegation conducted field visits to existing and planned Saudi projects in Syria. Al-Falih laid the foundation stone for the Al-Fayhaa Cement Factory, a project worth approximately $27m (SAR100m), which will have an annual capacity of 150,000 tonnes. The project is expected to enhance local content and drive knowledge transfer. Another major development is the Al-Jawhara Commercial Tower in Damascus, a Saudi-Syrian initiative with a built-up area of 25,000 square meters and an estimated investment of over $100m (SAR375m). The mixed-use tower will feature office spaces, retail outlets, and hotel units, further contributing to Syria's urban and economic redevelopment.
Al Etihad
9 hours ago
- Al Etihad
UAE President, VPs offer condolences to Russian President over plane crash victims
25 July 2025 09:09 ABU DHABI (WAM)President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of condolences to President Vladimir Putin of the Russian Federation over the victims of the plane crash in Tynda, a town in the Amur region. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, sent similar messages to the Russian President.
