BALI: Saudi Arabia’s finance minster has attended the International Monetary Fund (IMF) and the World Bank (WB) annual meetings held in Bali, Indonesia, from Oct. 12-14.
Minister Mohammed bin Abdullah Al-Jadaan headed his country’s delegation at the IMF and World Bank meetings along with other senior Saudi officials.
In his speech before the IMF, Al-Jadaan affirmed that the global economy continued to improve despite slow growth momentum, high level of trade-related risks, and high levels of public and private debt in many countries.
He stressed the importance of promoting economic integration, trade exchange and intensifying efforts to promote international cooperation.
Jadaan reviewed the latest developments of the Saudi economy, noting the remarkable progress in implementing large-scale economic and social reforms, coinciding with high levels of articulation of the private sector in the economy.
He also noted the improvement in the performance of public finances with a notable decrease in deficit levels, in addition to efforts to create more job opportunities, particularly among youth and women.
As well as highlighting the Kingdom’s active role and contribution to support the stability in the world oil markets.
The meetings were attended by Al-Jadaan’s accompanying delegation, including Mohammed bin Mazyad Al-Tuwaijri, Minister of Economy and Planning; Dr. Ahmad bin Abdulkarim Al-Khulaifi, Governor of the Saudi Arabian Monterrey Agency (SAMA), and a number of senior officials.
Saudi finance minister participates in IMF, World Bank meetings in Bali
Saudi finance minister participates in IMF, World Bank meetings in Bali
Jazan honey exhibition helps boost sustainability
JAZAN: The honey exhibition, which is a highlight of the annual Jazan Festival, showcases the biodiversity and agricultural richness in Saudi Arabia’s southwest.
Some 60 local beekeepers are this year presenting nearly 10 tonnes of honey across more than 15 premium varieties unique to Jazan’s mountains and plains, the Saudi Press Agency reported on Saturday.
Beyond serving as a premier marketing platform, the exhibition underscores beekeeping as a sustainable activity supporting ecological balance and food security.
By empowering local producers and attracting thousands of visitors, the event integrates Jazan’s natural resources into the Kingdom’s broader tourism and economic landscape.
Held at the cultural center in Al-Edabi governorate, the event features exhibitor booths and sales outlets which have experienced strong demand from visitors drawn to high-quality local products and exclusive offers.
Suleiman Al-Ghazwani, the exhibition’s executive director, said the event aimed to highlight the quality of local honey and its derivatives while encouraging beekeepers to expand production through new marketing opportunities.
He added that the exhibition featured activities for all ages, including a children’s theater and bee-themed games, while providing the opportunity to take home a variety of gifts and prizes.
Al-Ghazwani added that the exhibition provided an engaging educational experience and introduced visitors to beekeeping as a key part of Jazan’s tourism landscape and a promising contributor to its future development.
