INSEAD Day 4 - 728x90

Salik profit slips in H1

The company said traffic recovery supported resilience.

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.

Agthia profit, dividend jump

Transformation lifts earnings, cash generation.

2PointZero reports strong H1

Expansion drives earnings, revenue growth.

Borouge profit climbs 23%

Prices, recovery boost quarterly earnings

Saudi to host joint Arab-Islamic summit on Gaza crisis

The Crown Prince has directed the implementation of the project to strengthen historic Jeddah buildings.
  • Saudi ministry said It was decided to hold a ‘Joint Arab Islamic Extraordinary Summit’ in an exceptional manner on November 11.
  • Earlier, ‘extraordinary session of the Arab Summit’ and the ‘Extraordinary Islamic Summit’ were scheduled to be held on the same date.

Riyadh, Saudi Arabia – Saudi Foreign Ministry said on Saturday that the Kingdom will hold a joint Arab Islamic extraordinary summit here instead of two summits.

“In response to the unprecedented circumstances in Gaza, and after consultation of the Kingdom of Saudi Arabia with the League of the Arab States and the Organization of Islamic Cooperation, it was decided to hold a ‘Joint Arab Islamic Extraordinary Summit’ in an exceptional manner on November 11, 2023, instead of the ‘extraordinary session of the Arab Summit’ and the ‘Extraordinary Islamic Summit’, which were scheduled to be held in the same date,” said the Foreign Ministry in a statement.

It said, “This comes as a sense from the leaders of all countries on the importance of uniting efforts and coming up with a unified collective position that expresses the common Arab-Islamic will on the dangerous and unprecedented developments in Gaza and the Palestinian territories.”

It added, “This requires the unity of the Arab and Islamic ranks in confronting and containing their repercussions.”

Palestinian President Mahmoud Abbas arrived in Saudi Arabia on Friday to take part in the summit.