King Salman receives president of the Inter-Parliamentary Union

King Salman receives Gabriela Cuevas Barron, president of the Inter-Parliamentary Union, at Al-Yamamah Palace in Riyadh on Tuesday. (SPA)
Updated 09 January 2019

King Salman receives president of the Inter-Parliamentary Union

  • Barron on Monday praised the Kingdom’s efforts to promote joint action with the international community on Arab, Islamic and international issues

RIYADH: The president of the Inter-Parliamentary Union (IPU), Gabriela Cuevas Barron, on Tuesday called on King Salman at his palace in Riyadh. 

She lauded the efforts of Saudi Arabia for its humanitarian work around the globe and for supporting the IPU.

During the meeting, ties between Saudi Arabia and Mexico were reviewed and the two sides discussed ways to enhance the existing relations.

Barron on Monday praised the Kingdom’s efforts to promote joint action with the international community on Arab, Islamic and international issues. 

Following her meeting with Dr. Abdullah Al-Asheikh of the Saudi Shoura Council, Barron said that the IPU sees Saudi Arabia as an important partner for progress, especially given its role as a leading provider of global energy. 

She also stressed that the Kingdom is an important player in countering international extremism, and that Saudi Arabia is among the most vociferous supporters of the IPU and its agenda. 

Barron said that the world is facing serious challenges and needs more sound and sensible voices that believe in reason, dialogue and joint action under the umbrella of IPU. 

The IPU is a global forum for parliamentarians, with 178 members that meet annually to discuss global issues. The union works with parliaments across the world to safeguard peace and drive positive democratic change through political dialogue and concrete action.

The Geneva-based body works closely with the UN and other partner organizations to achieve common goals. It has been working since 1889 to establish peace and cooperation among people.


Mohammed Al-Shammasi, CEO of Derayah Financial

Updated 33 sec ago

Mohammed Al-Shammasi, CEO of Derayah Financial

  • Al-Shammasi graduated with honors from King Fahd University of Petroleum and Minerals and went on to take several management and leadership programs in Harvard Business School, Duke University and INSEAD Business School

Mohammed Al-Shammasi has been the CEO of investment solutions company Derayah Financial since September 2016. Al-Shammasi has worked in the fields of financial services, strategy, corporate governance and investment for more than 16 years.

Previously, Al-Shammasi was the company’s chief investment officer, responsible for Derayah Financial’s overall investment activities covering multiple asset classes.

Before joining Derayah Financial, he was head of investment management at NCB Capital. Prior to that job, he was a portfolio manager at Riyad Bank.

Al-Shammasi graduated with honors from King Fahd University of Petroleum and Minerals and went on to take several management and leadership programs in Harvard Business School, Duke University and INSEAD Business School.

Recently, Derayah Financial added forex contract trading services to its offerings. Through the recently launched Derayah Global and Derayah Global Plus services, customers can buy and sell, follow real-time prices in international markets, and create follow-up lists for shares, option contracts, and exchange-traded funds (ETFs).

“Our platform allows eight types of selling and buying orders and provides real-time securities prices with the possibility of creating follow-up lists and viewing a series of options and all available contracts. We offer significant capital facilities, and our professionals are always 

there to answer customers’ questions and provide advice,” Al-Shammasi said at the launch of the new platforms.