DUBAI: Representatives of the G20 held a virtual meeting on Wednesday to discuss infrastructure technology, infraTech, Saudi state news agency SPA reported.
The group also discussed a draft report on the collaboration with institutional investors and asset managers to be presented at the next Finance Ministers and Central Bank Governors (FMCBG) meeting in July.
The InfraTech agenda will provide policy guidance for states to accelerate the implementation of technology in infrastructure. The G20 Infrastructure Working Group (IWG), aims to remove barriers, manage risks and create favorable conditions for innovation in infrastructure, which would result in stable and long-term economic growth.
The head of Saudi IWG Rakan bin Dahish said they aim to cooperate with partners and private sector investors to close infrastructure financing gaps.
“Over 100 investors with more than $20 trillion of assets under management across a wide geographical coverage have participated in the G20 collaboration with the private sector and delivered input and feedback for the report, which reflects an extensive outreach effort and a high level of investor interest,” head of Saudi IWG Rakan bin Dahish said.
G20 aims to increase global resilience through infrastructure
https://arab.news/zqp57
G20 aims to increase global resilience through infrastructure
- The group aims to create favorable conditions for innovation in infrastructure
- Saudi aims to cooperate with partners and private sector investors to close infrastructure financing gaps
France, Algeria to resume security cooperation: minister
- Algeria plays a key role in the latter, sharing borders with junta-led Niger and Mali, both gripped by terrorist violence
ALGIERS: France and Algeria agreed on Tuesday to restart security cooperation during a visit to Algiers by French Interior Minister Laurent Nunez, marking the first sign of a thaw in diplomatic ties.
After meeting with President Abdelmadjid Tebboune, Nunez said both sides had agreed to “reactivate a high-level security cooperation mechanism.”
The visit took place against a backdrop of thorny relations between France and its former colony, frayed since Paris in 2024 officially backed Moroccan sovereignty over the disputed Western Sahara region, where Algeria supports the pro-independence Polisario Front.
Nunez said Monday had been devoted to working sessions aimed at “restoring normal security relations,” including cooperation in judicial matters, policing and intelligence.
He thanked the Algerian president for instructing his services to work with French authorities to “improve cooperation on readmissions.” Algeria has for months refused to take back its nationals living irregularly in France.
The renewed cooperation is expected to take effect “as quickly as possible” and continue “at a very high level,” Nunez confirmed.
According to images released by Algerian authorities, the talks brought together senior security officials from both countries, including France’s domestic intelligence chief and Algeria’s head of internal security.
Invited by his counterpart Said Sayoud, Nunez’s trip had been planned for months but repeatedly delayed.
Both sides have a backlog of issues to tackle. Before traveling, Nunez said he intended to raise “all security issues,” including drug trafficking and counterterrorism.
Algeria plays a key role in the latter, sharing borders with junta-led Niger and Mali, both gripped by terrorist violence.
Ahead of the trip, Nunez had also mentioned the case of Christophe Gleizes, a French sports journalist serving a seven-year sentence for “glorifying terrorism.”
It is unclear whether the matter was discussed with Tebboune, from whom the journalist’s family has requested a pardon.
