Saudi Arabia signs development agreement with Kosovo

After signing the deal in Kosovo, Sultan Al-Marshad, CEO of the Saudi Fund for Development, poses for a photo with Kosovo's Minister of Finance, Labor and Transfers Hekuran Murati. (Supplied)
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Updated 29 July 2024
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Saudi Arabia signs development agreement with Kosovo

  • The loan will be used to finance the Pristina-Mitrovica Highway Project

RIYADH: Saudi Fund for Development CEO Sultan Al-Marshad on Monday signed a development loan agreement worth over $14 million with Kosovo’s Minister of Finance, Labor and Transfers Hekuran Murati in Kosovo.

The loan will be used to finance the Pristina-Mitrovica Highway Project, its official account reported on X.

The scheme will enhance infrastructure, rehabilitate essential road services and improve road safety standards for 27,000 vehicles daily. It will also create job opportunities and support social development, the statement said.

 

 


Saudi FM joins Arab counterparts in talks with Slovenia on Gaza, regional stability

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Saudi FM joins Arab counterparts in talks with Slovenia on Gaza, regional stability

  • Prince Faisal and Tanja Fajon later signed general cooperation agreement aimed at enhancing ties between Kingdom and Slovenia

LJUBLJANA: Saudi Foreign Minister Prince Faisal bin Farhan held talks with Slovenia’s Deputy Prime Minister and Minister of Foreign and European Affairs Tanja Fajon in Ljubljana on Friday, as he joined Arab counterparts for an expanded meeting focused on Gaza and wider regional developments.

Prince Faisal met Fajon separately to review Saudi-Slovenian relations and explore ways to strengthen cooperation across various fields, the Saudi Press Agency reported.

The two sides later signed a general cooperation agreement aimed at enhancing ties between the Kingdom and Slovenia and intensifying joint efforts to support further progress and prosperity for both countries, SPA added.

The expanded ministerial meeting also brought together Jordanian Deputy Prime Minister and Foreign Minister Ayman Safadi, Egyptian Foreign Minister Badr Abdelatty, Bahraini Foreign Minister Abdullatif Al-Zayani and Qatar’s Minister of State for Foreign Affairs Sultan Al-Muraikhi.

During the talks, ministers discussed ways to bolster regional and international security and stability, with a focus on the situation in Gaza.

They stressed the need to uphold the ceasefire agreement between Israel and Hamas, ensure its full implementation and deliver sufficient and sustainable humanitarian aid to the enclave.

The officials also reviewed efforts to advance US President Donald Trump’s peace plan and reiterated the importance of achieving a clear political horizon leading to an independent and sovereign Palestinian state along the 1967 borders, with East Jerusalem as its capital, based on the two-state solution.

They addressed developments in the occupied West Bank, calling for an end to illegal, unilateral Israeli measures and violations against Islamic and Christian holy sites in occupied Jerusalem, warning that such actions undermined de-escalation efforts.

The ministers praised Slovenia’s support for Palestinian rights and its recognition of a Palestinian state, and also discussed broader regional developments, ways to reduce escalation through dialogue, and efforts to resolve the Russia-Ukraine crisis.