Saudi Arabia, France to boost cooperation at all levels

Saudi investments in France amount to about $900 million, mostly in the real estate sector. (SPA)
Updated 23 December 2018

Saudi Arabia, France to boost cooperation at all levels

  • France ranks third among countries investing in Saudi Arabia, and has 80 companies operating in the Kingdom

JEDDAH: The Saudi-French Parliamentary Friendship Committee chaired by Dr. Fahd bin Hamoud Al-Enezi held talks with a delegation of the Foreign Affairs Committee of the French National Assembly headed by Claude Guess Gen.
The two sides reviewed ways to enhance cooperation between the Saudi Shoura Council and the French National Assembly. They also discussed issues of common interests and the regional and global political and economic situation.
Saudi Arabia and France enjoy cordial ties. Crown Prince Mohammed bin Salman’s recent visit to France was the cornerstone of investments amounting to $18 billion. The bilateral trade exceeds $9.22 billion.
France ranks third among countries investing in Saudi Arabia, and has 80 companies operating in the Kingdom.
Saudi investments in France amount to about $900 million, mostly in the real estate sector, according to French statistics.
The Saudi-French CEO Forum in Paris in April resulted in the signing of 20 memoranda of understanding amounting to $18 billion.


KSRelief dispatches help for Lebanese medical teams treating explosion victims 

Updated 05 August 2020

KSRelief dispatches help for Lebanese medical teams treating explosion victims 

RIYADH: The King Salman Humanitarian Aid and Relief Center (KSRelief) has assisted Lebanese medical teams treating victims of the Beirut explosion on Tuesday.

Emergency teams from the Souboul Al Salam Relief Team, which is funded by KSRelief, went from north of Lebanon to Beirut to support medical teams on the ground. 

Another team from Al-Amal Medical Center, also funded by KSRelief, provided emergency health care services and started a blood donation campaign to meet the demand of Beirut hospitals.

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The prime minister of Lebanon, which is already struggling with an economic crisis and battling COVID-19, has made a desperate plea for help following Tuesday’s deadly explosions.
Kuwait said it has delivered medical aid and other essentials by a military plane on Wednesday morning.
The World Health Organization and the International Federation of Red Cross and Red Crescent Societies were sending 40 tonnes of medical supplies, including personal protective equipment to Beirut on a flight paid for by Dubai-based International Humanitarian City, a hub for humanitarian emergency preparedness and response, a WHO representative said.
"We are offering medical trauma kits and surgical kits containing things such as syringes, bandages and surgical gowns," said Nevien Attalla, operations manager for the WHO's Dubai hub.

*With agencies