Sergei Lavrov to meet with ministers of Gulf countries in Riyadh
May 31, 2022, 1:04 pm

Sergei Lavrov to meet with ministers of Gulf countries in Riyadh

Sergei Lavrov/Facebook page

Two Gulf officials said on Tuesday, Russian Foreign Minister Sergei Lavrov will visit Saudi Arabia on Wednesday (June 1) where he will meet with foreign ministers of the Gulf Cooperation Council countries (GCC).

The officials said, asking not to be named, Lavrov is expected to meet with ministers of Saudi Arabia, the United Arab Emirates, Oman, Kuwait, Bahrain and Qatar in the GCC headquarters in Riyadh.

The Jerusalem Post reported, citing Reuters, it was unclear what the meeting will focus on, but the officials said the six Gulf ministers will also hold an online meeting with Ukraine's foreign minister, Dmytro Kuleba, later on Wednesday. They declined to give details.

Lavrov's visit will take place one day before an OPEC+ meeting in Vienna, with the group set to stick to an oil production deal agreed last year and raise July output targets by 432,000 barrels per day.

Saudi Arabia and other OPEC members, which have the OPEC+ alliance with Russia, have come under intense pressure from the West to increase oil production and cool red-hot prices amid the Russian invasion of Ukraine.

Sergey Lavrov says Russia seeks to end US-dominated world order

Saudi Arabia has so far resisted such pressure, arguing high oil prices were caused by geopolitics, stretched refining capacities, and higher taxes in the Western world rather than supply concerns.

But the West is not giving up. US President Joe Biden and his team have been considering making a stop in Saudi Arabia as well as Israel after he travels to summits in Germany and Spain in late June, sources said earlier this month.

Saudi Arabia names senior diplomat as first climate envoy

Two senior US officials, Brett McGurk, Biden’s top White House adviser on the Middle East, and Amos Hochstein, the State Department’s energy envoy, visited Saudi Arabia last week.

The White House said, the two officials discussed Iran, global energy supplies and other regional issues with Saudi officials but did not ask for an increase in Saudi oil exports.

Source: jpost

Shanghai prepares to ease two-month COVID-19 curbs Lebanese parliament re-elects Nabih Berri for seventh term as speaker

BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has announced its sponsorship of the “Innovation and Sustainable Technology Solutions Competition (GU - IST Solutions), hosted by Gulf University at its main campus.
This strategic sponsorship reflects BENEFIT’s active role in advancing technological innovation and fostering sustainable solutions to future challenges. It also seeks to empower Bahraini youth by enhancing their skills, capabilities, and competitiveness in innovation and solution development—contributing meaningfully to the broader goals of sustainable development across all sectors.
As part of BENEFIT’s active involvement in the competition, the company has announced that Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication, will serve on the competition’s supervisory committee. Her upcoming participation reflects BENEFIT’s forward-looking commitment to championing academic and professional excellence.
Commenting on the occasion, Hanan Abdulla Hasan, Senior Manager of Public Relations and Communication at BENEFIT, said, “We are privileged to support this pioneering initiative, which aligns seamlessly with BENEFIT’s enduring commitment to fostering innovation and nurturing the potential of Bahrain’s youth. Our participation is rooted in a deep sense of social responsibility and a firm belief in the pivotal role of innovation in shaping a sustainable future. Through such platforms, we seek to empower the next generation with the knowledge, skills, and foresight required to develop impactful solutions that address future challenges, in line with the United Nations Sustainable Development Goals 2030.”
Dr. Aseel Al Ayash Dean of the College of Engineering in Gulf University commented, “We extend our sincere gratitude to BENEFIT for their generous sponsorship and support of the Innovation and Sustainable Technology Solutions Competition. This contribution plays an instrumental role in helping us achieve the strategic goals of this initiative, namely, cultivating a culture of innovation and sustainability, encouraging efforts that address the imperatives of sustainable development, and enhancing the practical and professional capabilities of our students and participants.”
The event will bring together a diverse spectrum of participants, including secondary school students, university undergraduates, engineers, industry professionals, entrepreneurs, academic researchers, and subject matter experts representing a wide range of disciplines.
The competition seeks to inspire participants to develop and present innovative, sustainable technologies aimed at addressing pressing environmental, social, and economic challenges. It encourages the formulation of business models that integrate advanced technological solutions with core principles of sustainability. Moreover, it serves as a platform for emerging leaders, entrepreneurs, and innovators to contribute to the advancement of the Sustainable Development Goals, promote the ethos of responsible technology, and demonstrate its transformative potential across various sectors.
Attendees will have the opportunity to view a series of project presentations submitted by participants, covering diverse areas such as eco-friendly product design, smart and sustainable innovations, renewable energy technologies, water conservation and management, waste minimisation and recycling, green architectural solutions, and sustainable transportation systems. Outstanding projects will be formally recognised and awarded at the conclusion of the event.