ATHENS — Saudi Minister of Foreign Affairs Prince Faisal bin Farhan and Greek Minister of Foreign Affairs George Gerapetritis co-chaired the second meeting of the Political Committee of the Saudi-Hellenic Strategic Partnership Council in Athens on Thursday. During the meeting, the ministers reviewed the distinguished bilateral relations between the two friendly countries. The meeting highlighted the progress achieved in various areas of cooperation, and discussed ways to strengthen and develop these relations to meet the aspirations of the leadership of both countries and achieve common interests. The two sides also exchanged views on a number of regional and international issues…
Author: Editorial Team
NEW DELHI — On behalf of Minister of Foreign Affairs Prince Faisal bin Farhan, Deputy Minister of Foreign Affairs Waleed Al-Khereiji attended the BRICS Foreign Ministers’ Meeting in New Delhi on Thursday. Saudi Arabia participated in the meeting, held under the theme “Building for resilience, innovation, cooperation and sustainability,” in its capacity as a BRICS member country. Addressing the meeting, Al-Khereiji said the Gulf region remains a vital hub in global trade networks, with a large share of global energy supplies andcommercial goods moving between Asia and Europe through maritime corridors in the Arabian Gulf and the Red Sea. He…
RIYADH — The 125th meeting of the Financial and Economic Cooperation Committee of the Gulf Cooperation Council (GCC) countries reviewed many topics related to enhancing financial and economic cooperation of the bloc. These included the progress achieved in GCC Customs Union, the adoption of the Gulf Joint Market Committee (2026-2028) action plan, and the guidelines of GCC participation in international events. The meeting, held virtually, was chaired by Minister of Finance and National Economy of Bahrain Sheikh Salman Al Khalifa, with the participation of the GCC ministers of finance and the GCC secretary general. Minister of Finance Mohammed Al-Jadaan headed…
Matthew Van Niekerk, Co-Founder & President, SettleMint, and Andrey Lazorenko, CEO, ADI Foundation. Dubai — ADI Foundation and SettleMint announced a strategic partnership to develop digital securities infrastructure on ADI Chain, supporting the tokenization of securities under the ADGM’s regulatory framework. The partnership brings together two distinct capabilities into a single, integrated digital securities infrastructure. ADI Foundation provides the compliance-ready Layer-2 blockchain that serves as the immutable settlement ledger and SettleMint provides the Digital Asset Lifecycle Platform (DALP) for token creation, on-chain recording, post-trade servicing, and full lifecycle management using SettleMint’s ERC-3643 implementation. Matthew Van Niekerk, Co-Founder & President, SettleMint,…
ABU DHABI, 14th May, 2026 (WAM) — Green Vision Consultants, a multidisciplinary consultancy headquartered in Dubai, successfully concluded its three-day exhibition at the Abu Dhabi Infrastructure Summit (ADIS). The event served as a high-level platform for the firm to showcase its integrated environmental and sustainable design solutions while solidifying its expansion strategy into the UAE capital. Following a high-impact presence at ADIS, Green Vision Consultants has announced its intent to broaden its project portfolio within Abu Dhabi. This move aligns with the company’s mission to support the UAE’s “Year of Sustainability” and the nation’s long-term environmental goals. The firm is…
As Indian Prime Minister Narendra Modi prepares to land in the UAE on May 15 for the first leg of his five-nation tour, UAE Minister of State for International Cooperation Reem Al Hashimy has said energy security will be one of the topics of his visit. Speaking to ANI ahead of Modi’s arrival, Al Hashimy said energy had been “weaponised” through the holding hostage of the Strait of Hormuz, causing supply disruptions felt at the household level globally, including in India. “That is something that will certainly feature in our conversations tomorrow,” she said. Modi and UAE President Sheikh Mohamed…
TASHKENT — Assistant Speaker of the Saudi Shoura Council Dr. Hanan Al-Ahmadi is leading the council’s delegation at the second Asian Women’s Forum currently being held in Uzbekistan under the theme “Investing in Women – The Foundation of Sustainable Growth.” The forum brings together parliamentary and government delegations, women leaders, international organizations, representatives from UN Women, the United Nations Population Fund, and diplomatic missions from across Asia and beyond. Uzbek President Shavkat Mirziyoyev welcomed participants in a speech delivered on his behalf by Head of the Presidential Administration Saida Mirziyoyeva. In the address, the Uzbek president praised the pivotal role…
ABU DHABI, 15th May, 2026 (WAM) — Vista Equity Partners (Vista), a global technology investor that specialises in enterprise software, today announced the opening of its new office in Abu Dhabi within ADGM, the city’s international financial centre. VEPM Middle East Limited has received full authorisation from ADGM’s Financial Services Regulatory Authority (FSRA), enabling the firm to advise on investments and arrange deals in investments across the region. The Abu Dhabi office reflects Vista’s expanded strategic presence in the Middle East and the region’s increasingly central role in global technology investment and innovation. Established in 2013, ADGM has emerged as…
UAE Minister Reem Al Hashimy has emphasised the deep people-to-people contacts between her country and India, saying every Emirati probably will have “some connection with India” one way or the other. In an interview with ANI ahead of Prime Minister Narendra Modi’s visit on May 15, she said trade between India and the UAE has been a significant part of the relationship, whether it is in terms of clothes or spices the future cannot be without a strong India and a strong UAE. She also spoke of respect in the two countries for traditional medicine knowledge and of bilateral ties…
RIYADH — Annual inflation rate or Consumer Price Index (CPI) in Saudi Arabia rose to 1.7 percent during the last month of April compared to the same month last year. According to the statistical report published by the General Authority for Statistics (GASTAT) on Thursday, this increase is primarily attributed to a 3.8 percent rise in housing, water, electricity, gas, and other fuel prices, along with a one percent increase in transportation costs and a one percent rise in restaurant and accommodation services. The GASTAT explained that residential rents were the biggest contributor to the inflation rate last month, with…