Search Site

BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Saudi foreign minister seeks G20 action on Gaza

Saudi Foreign Minister Faisal bin Farhan. AFP
  • Prince Faisal voiced these sentiments during the inaugural session of the G20 Foreign Ministers' Meeting in Rio de Janeiro, Brazil
  • The Saudi minister underlined the imperative for international institutions to uphold their commitments globally and adopt clearer stances

Rio de Janeiro, Brazil – Saudi Foreign Minister Prince Faisal bin Farhan called on G20 nations to apply pressure for concrete measures to halt the conflict in Gaza and advocate for a credible, irreversible path toward a two-state solution.

Prince Faisal voiced these sentiments during the inaugural session of the G20 Foreign Ministers’ Meeting in Rio de Janeiro, Brazil, focusing on the theme “The G20’s Role in Addressing Ongoing International Tensions.”

During his address, Prince Faisal commended Brazilian Foreign Minister Mauro Vieira on Brazil’s assumption of the G20 presidency for 2024. He expressed concern over the escalation and proliferation of global conflicts, noting the strain on international cooperation and the erosion of trust in the multilateral framework.

The Saudi minister underlined the imperative for international institutions to uphold their commitments globally and adopt clearer stances, particularly in addressing the dire situation in Gaza. Emphasizing the responsibility of G20 nations, Prince Faisal urged decisive action to bring an end to the crisis in Gaza, highlighting its imminent threats to regional peace, prosperity, and global economic stability.

In his remarks, Prince Faisal stressed the significance of condemning the atrocities taking place in Gaza, emphasizing the need for a united front against the ongoing humanitarian crisis.