Macron says G20 must agree before inviting Putin to summit

BRASILIA:  French President Emmanuel Macron said Thursday that members of the G20 would have to agree before Russian leader Vladimir Putin is invited to attend the group’s summit in Brazil in November. “The meaning of this club is that there must be consensus with the 19 others. That will be a job for Brazilian diplomacy,” he … Read more

Arab finance ministers discuss multilateralism, economic development at G20 meeting in Brazil

SAO PAULO: The meeting of G20 finance ministers and central bank governors that took place in Brazil on Feb. 28-29 could not be concluded with a joint statement as there was no consensus over the conflicts in Ukraine and Gaza. But many of the leaders who attended shared similar concerns regarding the topics suggested as … Read more

Gaza, Ukraine loom large as G20 foreign ministers meet

RIO DE JANEIRO: G20 foreign ministers open a two-day meeting Wednesday in Brazil, with the outlook bleak for progress on a thorny agenda of conflicts and crises, from the Gaza and Ukraine wars to growing polarization. US Secretary of State Antony Blinken and Russian Foreign Minister Sergei Lavrov are both expected in Rio de Janeiro … Read more

Saudi Arabia leapfrogs to 16th spot among G20 nations in terms of GDP: Al-Falih

RIYADH: Saudi developers received a funding boost with deals exceeding SR2.4 billion ($640 million) signed on the sidelines of the four-day Restatex Real Estate Exhibition in Riyadh.   In addition, the event witnessed the launch of three property development funds, amounting to over SR1 billion.   The exhibition aims to underscore the property sector’s role in diversifying … Read more

Saudi Arabia ranks 4th on G20 road quality index

RIYADH: Global financial experts will gather in Riyadh on Monday to discuss the future of finance, evolving strategies, and innovative ideas to boost the sector’s growth at the third Saudi Capital Market Forum. The two-day event organized by Saudi Tadawul Group, to be held under the theme “Powering Growth,” will serve as a nexus for … Read more

Saudi Arabia ranks 2nd among G20 countries in ICT Development Index

RIYADH: Commercial opportunities in Saudi Arabia’s sports sector are set to grow at an unprecedented rate even before the Kingdom hosts the 2034 FIFA World Cup, an industry expert has forecast. Speaking to Arab News, Jurg Kronenberg, partner at global management consulting firm Bain & Co., praised Saudi Arabia’s developments in the industry, which he … Read more

Brazil’s G20 invitation to Egypt ‘reflects ties of friendship’ between the nations

AL-MUKALLA: The Houthis have significantly slowed down their attacks on commercial and military ships in the Red Sea during the past 24 hours as the Yemeni militia claimed there were Oman-sponsored talks between them and “international partners” who would like to convince the militia to stop attacking ships in the Red Sea.  For the first … Read more