Saudi crown prince meets with heads of major US companies

Updated 22 March 2018
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Saudi crown prince meets with heads of major US companies

JEDDAH: Saudi Crown Prince Mohammed bin Salman met with the leaders of Boeing, Raytheon, Lockheed Martin, and General Dynamics, the Saudi Press Agency reported on Thursday.
The meeting focused on means of developing trade cooperation and technology development between the Kingdom of Saudi Arabia and the United States of America, as well as reviewing a number of initiatives in various fields.


Saudi Arabia supports sustainable development efforts

Updated 6 min 36 sec ago
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Saudi Arabia supports sustainable development efforts

JEDDAH: Saudi Arabia has affirmed its full cooperation with the United Nations and international community to achieve all that is good for humanity, security and stability, and development.

Saudi Arabia will continue to play its humanitarian, political and economic role as part of its responsibility toward the international community, said Mohammed bin Abdulrahman Al-Qadi, chairman of the second committee of Saudi Arabia’s permanent mission to the UN.

He also noted that Saudi Arabia will also keep supporting the implementation of the Kingdom’s 2030 Sustainable Development Plan goals, and the well-being of the world.

The statements were made during the general debate on the item of operational activities for development, as part of the work of the Economic and Financial Committee (II), at the 73rd session of the United Nations General Assembly.

Reiterating the statement made by Egypt on behalf of the Group of 77 and China, on international efforts to achieve the goals of sustainable development.

Al-Qadi said they are concerned about the decline in core contributions to these funds, resulting in a deficit that spread negative effects on the achievement of sustainable development goals.

He added that Saudi Arabia attaches great importance to development issues and supports development cooperation efforts among developing countries and countries in the South, particularly in the Arab region.

The Kingdom focuses on international cooperation which enhance the national capacities of countries and support their efforts to overcome challenges facing their governments and peoples, in all fields of development, he stated, in economic, environmental, health, social, technical and other aspects, he stressed.

He spoke of the Kingdom’s initiative to exempt the debt of the least developed countries, by waiving more than 6 billion dollars of debt poor countries owed to the Kingdom, which is one of the world’s most heavily subsidizing countries.