Saudi Arabia strategic Projects: news, discussions & updates
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The SC
INT'L MOD
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The US Secretary of State confirmed that imposing fees in the Strait of Hormuz is unacceptable
The meeting discussed opportunities to enhance cooperation in the fields of investment, trade, energy and new technologies, in addition to supporting initiatives aimed at achieving sustainable development and promoting economic prosperity.
The participants stressed the importance of teamwork to confront common challenges and adopt diplomatic solutions to address crises, thus enhancing security and peace in the region and the world.
For his part, US Secretary of State Marco Rubio announced that any agreement reached with Iran will not conflict with the interests of the Gulf states and the region.
Rubio said in his speech that “the interests of our partners in the region should be taken into account in any agreement,” stressing that “any decisions taken in the talks with Iran will guarantee the interests of our allies in the region,” pointing out that “US President Donald Trump affirms his openness to peace that guarantees the security and prosperity of the United States and the Gulf states.”
Regarding the Strait of Hormuz, Rubio said: “No country has the right to impose traffic fees on the Strait of Hormuz,” noting that “it is a waterway that no country owns, and that imposing fees in the Strait of Hormuz is unacceptable and will lead to chaos.” He also stressed that Iran will not possess a nuclear weapon.
He added: “If Iran wants to stop exporting its ideology and focus on the well-being of its people, the United States is ready to help it do that.”
The meeting comes within the framework of the extended strategic partnership between the GCC countries and the United States, which constitutes one of the important pillars of cooperation in the fields of security, energy, trade and investment, in addition to supporting efforts aimed at achieving stability and development in the region.
The meeting discussed opportunities to enhance cooperation in the fields of investment, trade, energy and new technologies, in addition to supporting initiatives aimed at achieving sustainable development and promoting economic prosperity.
The participants stressed the importance of teamwork to confront common challenges and adopt diplomatic solutions to address crises, thus enhancing security and peace in the region and the world.
For his part, US Secretary of State Marco Rubio announced that any agreement reached with Iran will not conflict with the interests of the Gulf states and the region.
Rubio said in his speech that “the interests of our partners in the region should be taken into account in any agreement,” stressing that “any decisions taken in the talks with Iran will guarantee the interests of our allies in the region,” pointing out that “US President Donald Trump affirms his openness to peace that guarantees the security and prosperity of the United States and the Gulf states.”
Regarding the Strait of Hormuz, Rubio said: “No country has the right to impose traffic fees on the Strait of Hormuz,” noting that “it is a waterway that no country owns, and that imposing fees in the Strait of Hormuz is unacceptable and will lead to chaos.” He also stressed that Iran will not possess a nuclear weapon.
He added: “If Iran wants to stop exporting its ideology and focus on the well-being of its people, the United States is ready to help it do that.”
The meeting comes within the framework of the extended strategic partnership between the GCC countries and the United States, which constitutes one of the important pillars of cooperation in the fields of security, energy, trade and investment, in addition to supporting efforts aimed at achieving stability and development in the region.
The SC
INT'L MOD
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Egypt and Saudi Arabia agree to build the first joint satellite
In a move that reflects the growing strategic partnership between Cairo and Riyadh in the fields of technology and space, the Saudi Council of Ministers approved an initiative aimed at designing and building the first joint satellite between the Kingdom of Saudi Arabia and Egypt, in a project expected to enhance scientific and technical cooperation between the two countries and open new horizons in the space industries sector.
The approval came during the session chaired by the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud in the city of Jeddah, where the Council discussed a number of files and decisions related to development, cultural and administrative affairs.
The satellite sector in both Egypt and Saudi Arabia has witnessed rapid development in recent years, but each country takes a different path that suits its strategic priorities and technical and economic capabilities. Egypt focused on building a local space industrial base and localizing technology related to the design, assembly, and testing of satellites, while Saudi Arabia moved toward building an integrated space economy based on investment, international partnerships, and the development of commercial space services.
In Egypt, the establishment of the Egyptian Space Agency and the Egyptian Space City represented an important step towards establishing a national space industry. Cairo was able to achieve tangible progress by launching the MisrSat-2 satellite, which is the first satellite to be assembled and tested inside Egypt with the participation of Egyptian cadres, which gave the country practical experience in the stages of manufacturing, integration, and space tests. Egypt also owns a number of remote sensing satellites dedicated to imaging and monitoring natural resources, agriculture, and urban expansion, in addition to hosting the headquarters of the African Space Agency, which strengthens its position as a regional space center in Africa.
As for Saudi Arabia, it has made the space sector one of the promising sectors within Vision 2030, and established the Saudi Space Agency to develop national programs in this field. It also launched the Neo Space Group company, supported by the Public Investment Fund, with the aim of building an integrated system for satellite services, space communications and remote sensing. The Kingdom has accumulated experience in operating satellites through the “Saudi Sat” series of satellites, in addition to increasing investments in communications services, satellite Internet, and Earth observation technologies.
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