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Zawya
4 days ago
- Business
- Zawya
Shakhboot bin Nahyan Participates in Burkina Faso Investment Forum in Abu Dhabi
His Excellency Sheikh Shakhboot bin Nahyan Al Nahyan, Minister of State, participated in the Investment Forum organized by Burkina Faso in Abu Dhabi, which was attended by His Excellency Karamoko Jean Marie Traoré, Minister of Foreign Affairs, Regional Cooperation and Burkinabe Abroad, along with a delegation of ministers and special advisors. During the forum, H.E. Sheikh Shakhboot bin Nahyan conveyed the greetings of His Highness Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, to H.E. Traoré, along with his wishes for further progress and prosperity for the government and people of Burkina Faso. His Excellency highlighted the close bilateral relations between the UAE and Burkina Faso, and commended the remarkable progress achieved in recent years under the guidance of both leaderships. His Excellency also emphasized the importance of the forum as a platform to enhance economic, trade, and investment cooperation between the two countries and to create development opportunities that benefit both peoples. For his part, H.E. Traoré conveyed his greetings to His Highness Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, as well as his wishes for further development and prosperity for the government and people of the UAE. Furthermore, His Excellency expressed his appreciation to the UAE for its warm reception and generous hospitality, affirming Burkina Faso's keenness to strengthen its relations with the UAE across various fields of mutual interest. Distributed by APO Group on behalf of United Arab Emirates, Ministry of Foreign Affairs.
Al Etihad
4 days ago
- Business
- Al Etihad
Shakhboot bin Nahyan participates in Burkina Faso Investment Forum in Abu Dhabi
12 July 2025 15:37 ABU DHABI (WAM)Sheikh Shakhboot bin Nahyan Al Nahyan, UAE Minister of State, participated in the Investment Forum organised by Burkina Faso in Abu Dhabi, which was attended by Karamoko Jean Marie Traoré, Minister of Foreign Affairs, Regional Cooperation and Burkinabe Abroad, along with a delegation of ministers and special the forum, Sheikh Shakhboot bin Nahyan conveyed the greetings of His Highness Sheikh Abdullah bin Zayed Al Nahyan, UAE Deputy Prime Minister and Minister of Foreign Affairs, to Traoré, along with his wishes for further progress and prosperity for the government and people of Burkina Shakhboot highlighted the close bilateral relations between the UAE and Burkina Faso, and commended the remarkable progress achieved in recent years under the guidance of both leaderships. He also emphasised the importance of the forum as a platform to enhance economic, trade, and investment cooperation between the two countries and to create development opportunities that benefit both his part, Traoré conveyed his greetings to His Highness Sheikh Abdullah bin Zayed Al Nahyan, as well as his wishes for further development and prosperity for the government and people of the also expressed his appreciation to the UAE for its warm reception and generous hospitality, affirming Burkina Faso's keenness to strengthen its relations with the UAE across various fields of mutual interest.
Asharq Al-Awsat
03-06-2025
- Business
- Asharq Al-Awsat
Syrian Finance Minister to Asharq Al-Awsat: Syrian-Saudi Investment Forum Will Be Held Soon
Syrian ministers praised on Monday the ongoing support Saudi Arabia is providing to the 'new Syria.' Speaking to Asharq Al-Awsat on the sidelines of the reopening of the Damascus Securities Exchange, Finance Minister Mohammed Yisr Barnieh stressed: 'We appreciate Saudi Arabia's support.' 'Our brothers in Saudi Arabia have backed us in full at the international level and in returning Syria to international financial institutions,' he added, while hailing it for supporting lifting sanctions off the country. He highlighted Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah's visit to Syria last week at the head of a large economic delegation. Saudi investments are on their way to Syria, Barnieh remarked, revealing that a Saudi-Syrian investment forum will be held on June 18 and 19. Major Saudi companies will take part in the forum to explore promising investment opportunities in various fields, added the minister. Syrian Economy and Industry Minister Mohammed Nidal al-Shaar echoed the praise for Saudi Arabia, saying it was 'natural, inevitable and destined.' He expressed his joy 'at the excitement and determination we sensed from the Saudi delegation in helping Syria along its long path of reconstruction.' Joint teams have started work on agreements reached with the Saudi delegation, he revealed, expecting tangible results to be reached within a few weeks. Prince Faisal met during his visit with interim President Ahmed al-Sharaa and Foreign Minister Asaad al-Shaibani. Trading resumed on the Damascus Securities Exchange on Monday after a six-month closure, as Syria's new leaders attempt to shore up the country's battered economy and begin rebuilding after nearly 14 years of civil war.
Argaam
27-05-2025
- Business
- Argaam
Aseer welcomes 8M tourists in 2024, eyes 4,000 new hotel rooms: Minister
Minister of Tourism Ahmed Al Khateeb said Aseer region has unique natural and cultural features that qualify it to be an attractive environment for tourism investments. During his participation in the second edition of the Aseer Investment Forum, Al Khateeb said the coming years will witness the addition of approximately 4,000 new hotel rooms to the region, supported by the tourism system.
Arab News
18-05-2025
- Business
- Arab News
From American eagle to dove of peace: New era begins in Diriyah
The Ministry of Investment recently organized the Saudi-US Investment Forum as part of US President Donald Trump's trip to the Kingdom. I was honored to be invited to this convergence of political and business minds in the heart of the Saudi capital Diriyah. Since the beginning of his second term Trump has made a significant pivot in his international strategy, shifting from a policy centered on military interventions to one focused on diplomacy and peace. This strategic change is particularly evident in Trump's recent actions and engagements regarding Syria. Trump surprised the audience during his opening speech at the forum by declaring that he would lift sanctions against the Syrian Arab Republic. He confirmed that his decision was driven by Crown Prince Mohammed bin Salman's request, which he described as essential for Syria's economic recovery and long-term prosperity. This move marks a dramatic turning point in US-Syria relations, as the country has faced severe economic restrictions since the onset of the Syrian Civil War in 2011. Sanctions were initially imposed to pressure the Assad regime to halt human rights violations and engage in negotiations to end the conflict. By lifting these sanctions Trump has signaled a willingness to engage with Syria directly rather than isolate it. This decision may also reflect a broader strategy to rebuild Syria's economy and infrastructure, which could, in turn, help stabilize the region. On the forum's second day, another surprising diplomatic development occurred: the crown prince hosted a meeting with Trump, Syrian President Ahmad Al-Sharaa, and Turkish President Recep Tayyip Erdogan, who joined via conference call. The meeting marked a historic endorsement by the Trump administration of Syria's new leadership, with the Saudi leadership serving as mediator. For Syria, this engagement could open the door to greater international cooperation and support for reconstruction efforts. Recently, I attended a Ministry of Investment session on investing in Syria, presided over by Investment Minister Khalid Al-Falih and attended by CEOs from leading Saudi companies such as ACWA Power, Alfanar, BMG, Albawani, Al-Muhaidib, Abudawood, and others. The session concluded that we should postpone any investment decisions until the sanctions are lifted. On a related note, I also participated in a similar session with another government entity to explore ways to help Syria restore its devastated economy. Trump's shift from war to peace represents a bold and transformative approach to foreign policy. By lifting sanctions on Syria, engaging directly with its leadership, and collaborating with regional allies like Saudi Arabia, Trump is attempting to chart a new course in US-Middle East relations. While the long-term outcomes remain uncertain, the skies above Diriyah are showing the American eagle transforming into a dove of peace. • Basil M.K. Al-Ghalayini is chairman and CEO of BMG Financial Group.
