Saudi Arabia committed to supporting economic growth, FM tells ASEAN-GCC-China Summit

Officials taking part in the ASEAN-GCC-China Trilateral Summit pose for a family photo on Tuesday. (SPA)
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Updated 27 May 2025
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Saudi Arabia committed to supporting economic growth, FM tells ASEAN-GCC-China Summit

  • Prince Faisal said the Kingdom, through its Vision 2030 reform program, was committed to fostering an attractive investment environment and facilitating trade

RIYADH: Saudi Arabia’s foreign minister affirmed the Kingdom’s commitment to supporting long-term, inclusive, and sustainable economic growth that includes all segments of society and preserves environmental balance on Tuesday.

Speaking at the inaugural ASEAN-GCC-China Trilateral Summit, Prince Faisal bin Farhan said: “We seek to accelerate the transition to low-carbon, clean, and renewable energy, and to leverage China’s Belt and Road Initiative to support regional connectivity and integration between ASEAN and GCC countries.”

He added: “We also seek to develop the digital economy by empowering startups, expanding public-private partnerships, and enhancing exchange programs between nations to build resilient economies that foster innovation and inclusiveness.”

Prince Faisal explained that the Kingdom, through its Vision 2030 reform program, was committed to fostering an attractive investment environment, facilitating trade, and removing obstacles to commercial exchange.

The Kingdom looked forward to expanding cooperation in all vital areas of common interest between the countries participating in the summit, with the aim of building a long-term strategic partnership that benefits their peoples and strengthens their standing in the international community, the minister said.

Speaking about international issues of interest, Prince Faisal said the Kingdom emphasized the need for collective action to achieve a just and comprehensive solution that guarantees the rights of the Palestinian people in accordance with international legitimacy resolutions and the Arab Peace Initiative.

“We also share your desire and readiness to make every possible effort to stop the war and reach a sustainable and peaceful solution in Ukraine,” Prince Faisal added.


Saudi Arabia marks International Cinema Day

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Saudi Arabia marks International Cinema Day

  • Observed annually on Dec. 28, the day is an important cultural occasion that celebrates cinematic heritage, including the preservation and digital restoration of classic films

JEDDAH: Saudi Arabia marked International Cinema Day on Sunday. Observed annually on Dec. 28, the day is an important cultural occasion that celebrates cinematic heritage, including the preservation and digital restoration of classic films.

It features cultural and training events such as free or discounted screenings, panel discussions, workshops with directors and filmmakers, and showcases of emerging talent.

The Saudi Film Commission is building a competitive national film industry by regulating the sector, empowering talent, developing infrastructure, attracting investment, and promoting local content.

These efforts support the creative economy and enhance the Kingdom’s regional and global presence.

The Kingdom hosts many local and international film festivals annually, including the Red Sea International Film Festival, the largest in Saudi Arabia and one of the most prominent in the Middle East.

It features films from over 70 countries in categories such as feature films, documentaries, and animation. Other events include the Saudi Film Festival, the Saudi Film Confex, and the Film Criticism Forum, highlighting local talent, celebrating cultural identity, and fostering global collaboration in line with Vision 2030.