Latest news with #MohammedAljadaan
Leaders
18-07-2025
- Business
- Leaders
Finance Minister Leads Saudi Delegation at 3rd G20, Central Bank Governors Meeting
Minister of Finance Mohammed Aljadaan will lead Saudi Arabia's delegation at the 3rd G20 Finance Ministers and Central Bank Governors Meeting, held under South Africa's G20 Presidency. The meeting is scheduled to take place from July 17 to 18, 2025, in KwaZulu-Natal, South Africa. The event will bring together finance ministers and central bank governors from G20 member states, as well as representatives from invited nations and leaders of international and regional financial institutions. Joining the Saudi delegation are Ayman Al-Sayari, Governor of the Saudi Central Bank (SAMA), and other senior officials from the Ministry of Finance and SAMA. Discussions will focus on current global economic developments and key issues related to international financial stability. Related Topics : Saudi Finance Minister Leads Delegation at G20 FMCBG Meeting in South Africa Saudi Arabia Participates at G20 Trade and Investment Ministerial Meeting in Brazil 3.9 BILLION PEOPLE ARE USING THE INTERNET Eastern Region Waterfronts: Top Ramadan Spots Offering Serene Spiritual Experience Short link : Post Views: 8 Related Stories
Saudi Gazette
10-07-2025
- Business
- Saudi Gazette
Finance minister highlights private sector role in resilience at WEF roundtable
Saudi Gazette report RIYADH — Saudi Minister of Finance Mohammed Aljadaan participated on Thursday in a high-level virtual roundtable of the Resilience Consortium, an initiative led by the World Economic Forum (WEF) aimed at enhancing global economic resilience amid escalating global challenges. The meeting brought together ministers, CEOs, and heads of international organizations to examine the private sector's critical role in strengthening resilience, spurring innovation, and promoting sustainable growth, particularly in emerging markets. During the session, Aljadaan stressed the importance of expanding private sector engagement to accelerate development goals, boost GDP, and create a more attractive climate for investment. 'Investing in e-government services is not merely a modernization effort,' Aljadaan said. 'It is a vital step toward building a transparent, efficient ecosystem where the private sector can thrive. Our economic transformation is anchored in strong partnerships.' The finance minister highlighted the Kingdom's new Investment Law, which aims to level the playing field for investors, streamline regulatory processes, and enhance investor also emphasized the value of targeted public investments in high-potential sectors, saying such initiatives act as catalysts for attracting private capital and accelerating by the WEF in 2022, the Resilience Consortium brings together leaders from governments, businesses, and global institutions to strengthen economic systems against rising risks including climate change, pandemics, and geopolitical uncertainty.
Leaders
19-06-2025
- Business
- Leaders
Finance Minister Wraps Up OPEC Fund Engagements
Minister of Finance Mohammed Aljadaan concluded his participation in the OPEC Fund Development Forum and the 46th Meeting of the OPEC Fund Ministerial Council, held in Vienna, Austria, from June 17 to 18, 2025. The events gathered ministers, global leaders, and heads of multilateral development finance institutions to explore strategies for addressing global challenges. The forum's opening session underscored the importance of inclusive, equitable, and sustainable transitions in global development. Discussions focused on the role of strategic finance, innovative policy-making, and enhanced international cooperation—particularly through South-South partnerships—in advancing global progress. In his remarks, Aljadaan stressed that energy security is essential—not a luxury—for achieving development and inclusive growth. Its absence, he noted, undermines key sectors such as healthcare, education, economic productivity, environmental sustainability, water access, and food security. Amid rising geopolitical tensions, market volatility, and growing global energy demand, Aljadaan called for urgent action to diversify energy sources and expand investment in clean and emerging technologies, including Carbon Capture, Utilization, and Storage (CCUS). He also advocated for innovative financing mechanisms to accelerate energy access and reinforce long-term energy security. Reaffirming Saudi Arabia's commitment to global energy cooperation and climate action, Aljadaan highlighted the Kingdom's goal to generate 50% of its electricity from renewable sources by 2030 and achieve net-zero emissions by 2060 under the Circular Carbon Economy framework. OPEC At the 46th Ministerial Council Meeting, Aljadaan praised the OPEC Fund's strategic vision and its alignment with global development priorities, including the Sustainable Development Goals (SDGs) and food security. He also commended the fund's adaptability in navigating market fluctuations, ensuring continued support to countries and communities in need. As the Fund's highest governing body, the Ministerial Council convenes annually to review and approve audited financial statements, annual reports, and other key matters. These sessions are held either at the Fund's headquarters or at a location designated by the Council. Related Topics : OPEC+ Nations Adjust Production Strategy for Market Stability SFDA Reports Record 82% Surge in Licensed Factories, Warehouses in 2024 Is wheat harmful to the intestine? SFDA clarifies the truth SFDA: National Biotechnology Strategy Highlights Saudi Leadership in Medical Innovation Short link : Post Views: 32
Zawya
19-06-2025
- Business
- Zawya
Saudi Minister of Finance stresses energy diversification
Minister of Finance Mohammed Aljadaan emphasised that energy security is not a luxury but a fundamental pillar for achieving development and comprehensive growth. He noted that the absence of reliable energy access hampers progress across vital sectors such as healthcare, education, economic productivity, environmental sustainability, water extraction, and food security. Aljadaan made these remarks during his speech at the Opec Fund for International Development Forum, held in Vienna, Austria, reported SPA. He extended his appreciation to the Opec Fund for organising the forum, which highlights the critical role of economic reforms in strengthening national resilience, addressing financial and economic challenges, and achieving sustainable and inclusive development. The minister underscored that economic reforms aimed at achieving prosperity and tackling development challenges must prioritise securing basic needs, chief among them access to energy. He pointed out that energy poverty affects 1.2 billion people worldwide, with repercussions that transcend borders, including economic instability, rising migration pressures, and growing humanitarian burdens. Aljadaan affirmed that Saudi Arabia is committed to working collaboratively with the international community to enhance global energy security and eliminate energy poverty while simultaneously advancing efforts to combat climate change. He reiterated the Kingdom's ambitious target of generating 50% of its electricity from renewable sources by 2030 and achieving net-zero emissions by 2060, in alignment with the circular carbon economy framework.
Saudi Gazette
23-05-2025
- Business
- Saudi Gazette
Aljadaan outlines Saudi priorities at IsDB Annual Meetings in Algiers
Saudi Gazette report RIYADH — Minister of Finance and Saudi Arabia's Governor at the Islamic Development Bank (IsDB) Group, Mohammed Aljadaan, led the Kingdom's delegation to the IsDB Group's Annual Meetings held in Algiers from May 19 to 22. Held under the theme 'Diversifying Economies, Enriching Lives,' the meetings focused on advancing economic transformation and improving living standards across IsDB member countries, the Ministry of Finance said in a statement. During the general session of the IsDB Board of Governors, Aljadaan addressed the group's strategic framework for 2026–2035, describing it as a foundational roadmap for institutional performance in the coming decade. 'We all recognize that the success of this ambitious vision is closely tied to the establishment of clear and practical mechanisms for measuring development impact,' Aljadaan said. 'An integrated system of indicators will ensure transparency, accountability, and effective monitoring of implementation plans.' In a Governors Roundtable Meeting titled 'Bridging the Gap: Multilateralism, Changing Trade Dynamics, and the Future of Development Finance,' Aljadaan highlighted the IsDB's key role in driving economic growth, regional integration, and fostering intra-trade and joint investment among member states. He called for greater synergy and coordination among IsDB-affiliated institutions. He also urged support for structural reforms to ensure fiscal sustainability and economic stability in the medium and long term, while reinforcing trust in multilateral institutions through enhanced efficiency and inclusivity. Aljadaan also took part in the High-Level Roundtable to operationalize the Riyadh Global Drought Resilience Partnership (RGDRP), stressing the urgent need to address the impact of drought, particularly in vulnerable regions like Africa and the Middle East. 'Drought is no longer a seasonal anomaly—it is a structural threat affecting 1.84 billion people globally, nearly 5% of whom face extreme conditions,' he said. 'Through the RGDRP, Saudi Arabia is reaffirming its Vision 2030 commitment to protect people, restore ecosystems, and foster shared prosperity.' The IsDB Group's Annual Meetings serve as a platform for international leaders, policymakers, and development experts to collaborate on advancing sustainable development, sharing knowledge, and addressing global economic challenges.
