BAGHDAD: Saudi Arabia’s King Salman promised to build Iraq a football stadium following a friendly match between the two countries’ teams last week, in a phone call with Iraqi Prime Minister Haider Al-Abadi on Monday.
The two leaders also discussed how to enhance and strengthen cooperation between their countries, and the Iraqi-Saudi Joint Coordination Council, a body created last October to improve strategic relations and help rebuild devastated areas retaken from Islamist militants in Iraq.
The phone call was the latest indication of improved relations between the two countries, which have been at loggerheads for decades, starting with the Iraqi invasion of Kuwait in 1990.
Saudi Arabia is wooing Baghdad as part of an effort to stem the growing regional influence of Iran, while Iraq is seeking economic benefits from closer ties with Riyadh.
Saudi king promises football stadium for Iraq in call with PM Abadi
Saudi king promises football stadium for Iraq in call with PM Abadi
Session held on development in Makkah
- The session underscored Makkah’s status as a city of global religious and historical significance, and stressed the need for development projects that respect this, while providing high-quality services for residents and visitors
RIYADH: The Makkah-based Mirkaz Al-Balad Al-Ameen Initiative recently hosted a dialogue session focusing on the role of partnerships in strengthening trust and advancing development, as part of its programs addressing developmental and economic issues shaping the future of Makkah.
The event brought together specialists and stakeholders in investment and development, and highlighted public–private partnerships as a key driver of development and investment in major cities.
It also discussed the role of the real estate market in attracting investment and financing, suggesting that strong market activity enhances investor confidence and supports the launch of projects that improve the urban environment.
The session underscored Makkah’s status as a city of global religious and historical significance, and stressed the need for development projects that respect this, while providing high-quality services for residents and visitors and enhancing their quality of life.
The discussion presented ideas for the development of the investment environment in Makkah related to enhancing transparency and advancing strategic partnerships, enabling high-quality investments and sustainable economic development.
