SAUDI-ECONOMY-PLANNING
Geopolitical stability is “absolutely key” to global energy security, Saudi’s Foreign Minister told the World Economic Forum’s 2023 Annual Meeting in Davos on Tuesday.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230118005430/en/
Geopolitical stability “key” to energy security - HH Prince Faisal bin Farhan Al Saud (Photo: AETOSWire)
During a high-level panel titled ‘Keeping the Lights amid Geopolitical Fracture’, His Highness Prince Faisal bin Farhan Al Saud, Saudi Arabia’s Minister of Foreign Affairs, emphasized the need for near-term stability, especially in the world’s energy markets.
“The Kingdom is investing almost $200 billion in renewable energy at home and abroad. Our companies are active in 21 countries, deploying solar and wind energy and other sorts of renewable energy,” he said.
“In the meantime, we need to maintain a supply of traditional energies that are priced in a way that ensures stability – and we will continue to address this in a responsible way,” His Highness Prince Faisal added.
Meanwhile, His Excellency Bandar bin Ibrahim Alkhorayef, Saudi Arabia’s Minister of Industry and Mineral Resources, participated in ‘The Return of Manufacturing’, where he highlighted the need for governments to foster innovation and co-investments in the industrial sector.
“You need the right regulatory framework to allow investment flow,” he said. Alkhorayef also emphasized the need for the right infrastructure to enable factories of the future, as well as the importance of governments to proactively develop skilled human capital to drive sustainable growth.
About the Kingdom of Saudi Arabia at the World Economic Forum 2023:
Saudi Arabia’s participation at the World Economic Forum Annual Meeting 2023 highlights the Kingdom’s commitment to engage in meaningful dialogues with other nations to design solutions for some of the world’s most pressing challenges. In recognizing the crucial role international cooperation plays in ensuring global stability, Saudi Arabia is stepping up its efforts on the world stage to act as a bridge of near-term stability and long-term transformation.
*Source: AETOSWire
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230118005430/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Connectivity as Versatile as the Aircraft, Starlink High-Speed Internet Now Available for Cessna Caravan8.7.2025 16:00:00 CEST | Press release
Textron Aviation Inc., a Textron Inc. (NYSE: TXT) company, today announced an additional high-speed internet connectivity solution for the Cessna Citation Caravan following the Federal Aviation Administration’s (FAA) issuance of AeroMech’s Supplemental Type Certificate (STC) for Starlink high-speed internet connectivity. AeroMech’s STC utilizes Starlink’s constellation of Low Earth Orbit (LEO) satellites to provide more reliable connectivity over land, water and remote areas, where traditional in-flight Wi-Fi may not have service. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250708514119/en/ Textron Aviation announced an additional high-speed internet connectivity solution for the Cessna Citation Caravan following the Federal Aviation Administration’s (FAA) issuance of AeroMech’s Supplemental Type Certificate (STC) for Starlink high-speed internet connectivity. (Photo: Textron Aviation) “The Cessna Caravan is so versatile,
Rigaku Announces STAvesta, a Thermal Analyzer Tailor-made for Next-generation Material Development8.7.2025 16:00:00 CEST | Press release
Supports a wide range of users from novices to experts, serving a wide variety of needs Rigaku Corporation, a Group company of Rigaku Holdings Corporation (headquarters: Akishima, Tokyo; CEO: Jun Kawakami; hereinafter “Rigaku”) has launched worldwide sales of STAvesta, a thermal analyzer that simultaneously measures a sample’s weight and change in calorific value during heating. STAvesta responds to needs in a wide array of fields where thermal analysis is required. It is expected to find use in a wide variety of material-analysis applications for the development of advanced features and complex materials. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250708207135/en/ STAvesta FlatBlank, a Revolutionary Auto-adjustment Feature, Dramatically Reduces Workload In conventional thermal analysis, baseline adjustment must be performed by hand before measurement can begin. This process can be time-consuming and frustrating, particu
Institutional Real Estate, Inc. Appoints Doris Holinaty as Managing Director – Global Markets8.7.2025 16:00:00 CEST | Press release
Institutional Real Estate, Inc. (“IREI”), the 38-year-old independent publisher of news and analysis for the institutional real estate investment community, today announced the appointment of Doris Holinaty as Managing Director – Global Markets. In this pivotal new role, Holinaty will be responsible for expanding IREI’s global footprint across its existing platforms and will spearhead business development for The Property Chronicle and The Green Chronicle, following IREI’s recent acquisition of Lyndon Publishing. Holinaty brings more than two decades of experience in selling and servicing publication and event sponsorships, including branding and strategic marketing for both print and digital communications media. “We are thrilled to welcome Doris to the IREI team. Her business values, experience and dynamic energy perfectly align with our values and our strategic vision to expand client servicing efforts in global markets,” said Tom Parker, Executive Vice President and Publisher of IR
Laserfiche Recognized as a 2025 Gartner® Peer Insights™ “Customers’ Choice” for Document Management8.7.2025 16:00:00 CEST | Press release
Laserfiche named a Customers’ Choice for six years in a row. Laserfiche — the leading SaaS provider of intelligent content management and business process automation — has been named a Customers’ Choice in the 2025 Gartner Peer Insights ‘Voice of the Customer’: Document Management report. This distinction is based on customer reviews. Vendors placed in the upper-right “Customers’ Choice” quadrant of the “Voice of the Customer” have scores that meet or exceed the market average for both axes (User Interest and Adoption, and Overall Experience). “We’re proud to be the only company recognized both as a Leader in the latest Magic QuadrantTM for Document Management and in the upper-right quadrant of the ‘Voice of the Customer’ report,” said Thomas Phelps IV, SVP of Corporate Strategy and Chief Information Officer at Laserfiche. “We believe both of these recognitions highlight our unwavering commitment to customer-centric innovation and delivering on our core value: ‘Drive Change, Deliver Re
Egon Zehnder Acquires Leading Asset and Wealth Management Boutique Firm The Prince Houston Group, Strengthening US Financial Services Practice8.7.2025 15:33:00 CEST | Press release
Egon Zehnder, the premier global leadership advisory and executive search firm, today announced the acquisition of The Prince Houston Group, a leading boutique executive search firm based in New York with a strong focus on Asset and Wealth Management. The Prince Houston Group serves a broad spectrum of outstanding clients across asset and wealth management, family offices, endowments and foundations, hedge funds, private equity funds, and insurance organizations. With a bespoke, high-integrity approach, their expertise will strengthen Egon Zehnder’s presence in the U.S. financial services sector. “This acquisition is part of our strategy to grow organically as well as through carefully selected expansion opportunities that align with our values and long-term vision,” said Michael Ensser, the Global Executive Chair of Egon Zehnder. “The Prince Houston Group’s depth of expertise in asset and wealth management and its bespoke approach will bolster our Financial Services Practice in the US
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom