G20 finance ministers, central bank governors to meet this week

Journalists sit in the media center during the meeting of G20 finance ministers and central bank governors in Riyadh, Saudi Arabia, February 22, 2020. (Reuters/File Photo)
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Updated 12 October 2020

G20 finance ministers, central bank governors to meet this week

RIYADH: G20 finance ministers and central bank governors will take part in an online meeting on Wednesday, under the Saudi G20 presidency. 
The officials will discuss global economic development, as well as possible downside risks and policy responses to protect the economy against it. 
They will also discuss updates to the G20 Action Plan agreed in April,  which supports the global economy during the COVID-19 pandemic. 
The meeting will be co-chaired by Mr. Mohammed Al-Jadaan, Saudi Arabia's Minister of Finance, and Ahmed Al-Kholifey, governor of the Saudi Arabian Monetary Authority.


Putin thanks Saudi King Salman over Russia OPEC+ role

Updated 25 November 2020

Putin thanks Saudi King Salman over Russia OPEC+ role

RIYADH: Russian President Vladimir Putin has thanked Saudi Arabia's King Salman for the "active and joint cooperation" in OPEC+.
Putin said Russia and Saudi Arabia are actively cooperating in the alliance of the world's largest oil exporters to ensure the stability of global energy markets, Saudi Press Agency reported on Wednesday.  
Putin’s remarks were made during a ceremony to receive the credentials of foreign ambassadors.
Putin also said that Russia's relations with the Kingdom are developing increasingly due to the agreements that came after his visit to Riyadh in October 2019.