The chief of the Gulf Cooperation Council (GCC) Jassem Al-Budaiwi on Sunday heaped praise on Saudi Arabia's contributions towards international cooperation and solidarity, saying such efforts have helped thrust the Gulf Arab kingdom into the limelight. These efforts primarily entail Riyadh's hosting of prominent gatherings and events, all of which are instrumental in pushing forward global economic development, he said in a statement after participating in the World Economic Forum taking place in the Saudi capital. Amid a slew of global challenges ranging from climate change to humanitarian disasters, such gatherings are crucial to ratchet up international cooperation, he added. Source: Kuwait News Agency
Related Articles
Gold Dips as Investors Book Profits, US Inflation Data in Focus
Gold prices eased on Tuesday as profit-taking kicked in after bullion hit a more than one-week high, while market players awaited key US inflation data that could provide further insight into the Federal Reserve’s next policy decision.
Spot gold fell…
Oman Central Bank Issues Treasury Bills Worth OR13.6 Million
Oman Central Bank (OCB) has announced that the total value of government treasury bills allocated for this week amounted to OR 13.6 million.
The OCB explained, in a statement on Monday, that the value of the bills allocated for a maturity period of 2…
Oman Oil Prices Rise to $81.7 a Barrel
The official price of Omani oil, for delivery in September, today, was recorded at $81.70 per barrel..
The price of Omani oil witnessed an increase of $1.04 compared to yesterdays price, Thursday, which amounted to $80.66.
It is noteworthy that the …