Saudi Arabia Will Stay a Dependable Power Provider, Says Power Minister

The agreements cowl a number of sectors, together with:

✓ Trade


✓ Schooling


✓ Tourism


✓ Power

In keeping with Prince Abdulaziz, cooperation between the 2 nations is increasing with out limitations.

He defined that each Riyadh and Moscow have moved past viewing themselves merely as oil and fuel producers.

As an alternative, the 2 nations now see themselves as broader vitality and industrial companions centered on:

➤ Power manufacturing and provide


➤ Hydrocarbon improvement


➤ Know-how and electronics exports


➤ Industrial cooperation


➤ Lengthy-term financial partnerships

The minister mentioned there are “no limits or restrictions” on future cooperation between the 2 nations.

Why Prince Abdulaziz Remained Silent Through the World Power Disaster

Prince Abdulaziz additionally addressed questions concerning his earlier silence throughout probably the most extreme international vitality crises lately.

He revealed that his resolution to stay silent was intentional.

“Leaders have to maintain their cool throughout instances of uncertainty and never create panic within the markets,” the minister mentioned. Really useful: Riyadh introduces Versatile working hours for presidency sector

He defined:

“A minister is required to stay calm and keep away from panic, as a result of panic makes you lose management of the narrative.”

He added that silence can generally be a robust message throughout quickly altering conditions.

“I intend to keep up my silence as a result of silence amidst a lot uncertainty is a message and a humble acknowledgment that actuality is quickly altering. It’s a type of self-respect and respect for others.”

In regards to the St. Petersburg Worldwide Financial Discussion board 2026

The twenty ninth St. Petersburg Worldwide Financial Discussion board (SPIEF) is being held on the ExpoForum Exhibition and Conference Middle in St. Petersburg, Russia.

The occasion is organized by the Roscongress Basis below the patronage of Russian President Vladimir Putin.

SPIEF is taken into account Russia’s main enterprise discussion board and serves as a significant platform for worldwide financial and geopolitical dialogue.

The convention is a major aspect within the improvement of Russia’s relations with the nations of the World South and displays the large-scale modifications happening within the international financial system and worldwide cooperation.

This 12 months’s occasion has attracted members from 130 nations and focuses on discovering sensible options for reaching long-term international stability via dialogue and cooperation.

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