Saudi Arabia calls for steps to combat N-terror

Riyadh is keen on ensuring that nuclear security will be one of the main elements of its national peaceful nuclear energy program. (SPA)
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Updated 11 February 2020

Saudi Arabia calls for steps to combat N-terror

  • Riyadh expresses confidence in China’s ability to fight virus

RIYADH: The Cabinet on Tuesday called on the international community to reinforce all measures aimed at combating nuclear terrorism.

The meeting, which was chaired by King Salman in Riyadh, made this call in view of regional tensions and the rise of armed terrorist groups.
Media Minister Turki Al-Shabanah, in a statement issued to the Saudi Press Agency, said the minister reviewed Arab, regional and international developments underscoring the Kingdom’s firm stance on efforts aimed at achieving global security and stability.
Saudi Arabia had during its recent participation at the International Conference on Nuclear Security in Vienna underlined its support for international resolutions related to nuclear terrorism.
Riyadh is keen on ensuring that nuclear security will be one of the main elements of its national peaceful nuclear energy program.
The Cabinet expressed its confidence in China’s ability to deal with the new coronavirus outbreak.

HIGHLIGHTS

• The Cabinet approved the Kingdom’s accession to the framework agreement for the establishment of the International Solar Energy Alliance.

• The ministers welcomed the declaration of Riyadh as the ‘Capital of Arab Women 2020.’

King Salman had voiced this stance during a telephone call with Chinese President Xi Jinping last week.
He had ordered the King Salman Humanitarian Aid and Relief Center (KSRelief) to provide urgent aid to Beijing to address the crisis.
The Cabinet praised King Salman for his gesture, saying it reflects the solid bilateral relations enjoyed between Saudi Arabia and China.
The ministers welcomed the declaration of Riyadh as the “Capital of Arab Women 2020.”
The Cabinet approved the Kingdom’s accession to the framework agreement for the establishment of the International Solar Energy Alliance.
The ministers also reviewed the preparations for the 47th session of the Council of Foreign Ministers of the Organization of Islamic Cooperation (OIC) and appreciated Kingdom’s continuous support to the OIC.


MoU signed to facilitate investment in Saudi Arabia

Updated 14 min 32 sec ago

MoU signed to facilitate investment in Saudi Arabia

RIYADH: The Saudi Arabian General Investment Authority (SAGIA) and the Diriyah Gate Development Authority (DGDA) signed a memorandum of understanding (MoU) to step up cooperation, the Saudi Press Agency reported on Thursday.

Under the MoU, the two authorities will establish a joint working group to boost cooperation in several areas including facilitation provided to investors, conducting economic studies of the market, building partnerships with commercial and industrial bodies and local companies, launching businesses, promoting the ease of doing business, providing logistic support, participating in local and international exhibitions, forums and special visits and exchanging knowledge and information.

All this will predominantly be in aid of attracting local and foreign investors. 

“SAGIA believes in the importance of such cooperation that can unify and multiply the efforts in a way that sets the world’s attention on the Kingdom’s cultural and heritage treasures and investment opportunities,” said SAGIA Gov. Ibrahim Al-Omar.

“This is done through close cooperation with DGDA to highlight these opportunities and market them internationally and locally. This MoU is a step in the right direction to achieve the objectives and directives of both bodies.”

Jerry Inzerillo, CEO of the DGDA, said: “Cooperating with SAGIA is one of the most important international investment motors to attract local and international investments to the Kingdom. This comes at a time where developing the Kingdom’s investment infrastructure is found within the objectives of its Vision 2030.

“At DGDA, we aim at attracting the best technologies and regional and international investments to the Kingdom. This will contribute to the improvement of the local economy and promote our objectives seeking to turn Diriyah into the Kingdom’s gem and an international economic tourist destination,” he added.