Saudi-French maritime symposium explores investment opportunities

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French Ambassador to Saudi Arabia Ludovic Pouille and President of Mawani Omar Hariri. (Supplied)
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Attendees at the French Saudi Maritime Days symposium in Alkhobar. (Supplied)
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Updated 27 September 2023
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Saudi-French maritime symposium explores investment opportunities

  • Ludovic Pouille, the French ambassador to the Kingdom, inaugurated the event and said relations between the Kingdom and France were historic and expanding to cover all sectors
  • Saudi ports were currently among the fastest in the world in terms of cargo handling, with their capacity increasing, said President of Mawani Omar Hariri

KHOBAR: Business France recently organized the “French Saudi Maritime Days” symposium in Alkhobar, under the patronage of the Saudi Ports Authority (Mawani) and the French Embassy in Saudi Arabia.

Business France is responsible for fostering export growth and facilitating international investment in France.

Exchanges on the contribution of French companies to the transformation of Saudi Arabia into a logistics hub between Asia, Africa and Europe as part of the Kingdom’s Vision 2030 were held at the symposium.

Ludovic Pouille, the French ambassador to the Kingdom, inaugurated the event and said relations between the Kingdom and France were historic and expanding to cover all sectors.

He added: “France is a global maritime player of the 21st century. It is present on board the oceans and we are the second largest maritime power in the world.

“We are concerned about everything related to marine environments and we want to promote innovative blue growth.

“We can be stronger, smarter and also greener. We want to further strengthen our investments with our Saudi partners and increase our sharing of cooperation to the benefit of both our countries.

“This event allows us to capitalize on this alignment by taking proactive measures to foster robust and sustainable trade cooperation in order to also strengthen Franco-Saudi relations in this area.

“This maritime symposium will also help to position French companies as major players on three continents (Asia, Europe and Africa).”

Saudi ports were currently among the fastest in the world in terms of cargo handling, with their capacity increasing, Mawani President Omar Hariri said.

Jesper Stenbak, senior vice president of shipping company CMA CGM’s Dubai regional office, said: “The Franco-Saudi Maritime Days are an excellent opportunity for the CMA CGM Group to interact with the official authorities and industry players of the Kingdom of Saudi Arabia.

“The country’s maritime sector is particularly dynamic, and CMA CGM supports its clients by offering more direct services and increasing capacity by deploying additional vessels.”


Saudi, Ireland foreign ministers discuss Gaza developments in Brussels

Updated 27 May 2024
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Saudi, Ireland foreign ministers discuss Gaza developments in Brussels

RIYADH: Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan on Monday met his Irish counterpart Micheal Martin in the Belgian capital, Brussels, to discuss developments in the situation in the Gaza Strip and the efforts made to solve the conflict.

During the meeting, they also discussed bilateral relations between their two countries and ways to strengthen and develop them in various fields, the Kingdom’s foreign ministry said.

The meeting was held on the sidelines of a meeting of the ministerial committee, headed by Prince Faisal, which was assigned by the Joint Arab-Islamic Extraordinary Summit with the EU’s Foreign Affairs Council in Brussels.

It also comes a day before Ireland, along with Spain and Norway, plan to make official their recognition of a Palestinian state.


Saudi industry minister begins official trip to Netherlands

Updated 27 May 2024
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Saudi industry minister begins official trip to Netherlands

  • Bandar bin Ibrahim Alkhorayef’s visit seeks to strengthen ties in industrial, mining sectors

RIYADH: Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim Alkhorayef traveled to the Netherlands on Monday for an official visit with the objective of strengthening cooperation in the industrial and mining sectors, Saudi Press Agency reported.
The visit aims to explore and expand joint investment opportunities between the two countries.
Alkhorayef is scheduled to meet with several Dutch ministers and senior government officials, along with key leaders from the private sector, to discuss collaboration in the industrial and mining sectors.
The minister’s itinerary will also include several visits to Dutch factories and companies operating within these sectors with the hopes of fostering collaborative ventures between private sector entities in both countries.
The visit underscores Saudi Arabia’s commitment to diversifying its economy and strengthening international ties, SPA added.
In 2023, the Kingdom’s non-oil exports to the Netherlands were valued at about SR2.6 billion ($706 million), while its non-oil imports from the Netherlands amounted to almost SR8.5 billion.


Arab Inter-Parliamentary Union praises Saudi Arabia’s ‘tremendous effort’ to support Palestinian cause

Updated 27 May 2024
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Arab Inter-Parliamentary Union praises Saudi Arabia’s ‘tremendous effort’ to support Palestinian cause

RIYADH: The Arab Inter-Parliamentary Union has praised the “tremendous efforts of Saudi Arabia, led by King Salman and Crown Prince Mohammed bin Salman, in supporting the Palestinian cause,” the Saudi Press Agency reported.

The AIPU released a final statement following the 36th Arab Parliamentary Union Conference, which ended on Monday in Algiers.

A Saudi delegation, headed by the chairman of the Shoura Council, Sheikh Abdullah Al Al-Sheikh, took part in the conference alongside heads of parliaments and councils, and several regional and international organizations and institutions.

During its sessions, the conference discussed developments in the Palestinian issue and the current situation in the Arab region.

The statement also praised the Kingdom’s hosting of a number of Arab, Islamic and African summits to support the Palestinian cause and put an end to the aggression against the Palestinian people.

On Yemen, the statement stressed the importance of the initiatives undertaken by the Kingdom, which call for constructive dialogue to achieve sustainable peace and a comprehensive political solution.

The conference endorsed the recommendations of the political committee, “which highly praised the pivotal and leading role played by Saudi Arabia, which has never hesitated in its significant achievements, contributions, initiatives, and authentic Arab stances aimed at unifying Arab ranks and elevating the status of the Arab and Islamic nations in all international forums,” SPA said.

The conference also praised the Kingdom’s hosting of Sudanese talks in Jeddah between the two conflicting parties to consolidate a truce and reach a final ceasefire agreement to end the crisis in a way that preserves Sudan’s sovereignty and unity and enables it to restore its security and stability.


Saudi economy minister holds talks with UN, OPEC officials in Austria

Updated 27 May 2024
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Saudi economy minister holds talks with UN, OPEC officials in Austria

RIYADH: Saudi Arabia’s Minister of Economy and Planning Faisal Al-Ibrahim on Monday met Executive Director of the UN Office in Vienna Ghada Waly in the Austrian capital, Vienna.

During the meeting, the two discussed “collaboration between the Kingdom and the UN on the Sustainable Development Goals and other topics of common interest,” the ministry said in a statement.

The meeting was held on the sidelines of the minister’s visit to Austria to participate in the ninth session of the Saudi-Austrian Joint Committee.

Al-Ibrahim also met Abdulhamid Alkhalifa, president of the OPEC Fund for International Development, to explore the fund’s upcoming initiatives.

He also held talks with Austrian Minister of Labor and Economy Martin Kocher on strengthening trade and economic cooperation between the two countries, and the latest developments of joint interest.

The meetings were attended by the Kingdom’s Ambassador to Austria Abdullah Tawlah.


Kuwait emir receives Saudi minister of state

Updated 27 May 2024
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Kuwait emir receives Saudi minister of state

Emir of Kuwait Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah received Saudi Minister of State Prince Turki bin Mohammed bin Fahd bin Abdulaziz and his accompanying delegation on Monday at Bayan Palace in Kuwait.

Prince Turki conveyed the greetings of King Salman and Crown Prince Mohammed bin Salman.

They reviewed the strong fraternal relations between their countries and ways to strengthen them across various fields.

The meeting was also attended by Saudi Ambassador to Kuwait Prince Sultan bin Saad bin Khalid and dignitaries from both sides.