RSAF joins 'Sindh Shield' exercise in Pakistan with six Tornadoes    Saudi Minds Platform launched to enhance research and innovation in the Kingdom    Al Ittihad keeps pressure on Al Hilal after defeating Al Okhdood 2-1    Minister of Hajj and Umrah concludes official visit to Tajikistan and Turkmenistan    Al-Jadaan heads Saudi delegation to GCC Financial and Economic Cooperation Committee meeting    Sport Minister inaugurates the third annual Saudi Games    EU hits China with tariffs in electric car sales battle    Dozens of medical workers killed in Lebanon as WHO warns health care is 'under attack'    Haiti gang attack leaves at least 20 dead    Grammy-winning singer Garth Brooks accused of sexual assault in lawsuit    Chambers Federation opens first office to represent Saudi private sector in Canada    Israel says Hezbollah launched about 230 projectiles from Lebanon on Thursday    Revolutionizing healthcare: AI is transforming medicine and patient care    Tourism Ministry: Inbound visitor spending hits SR92.6 billion during first half of 2024    Doctor pleads guilty in Matthew Perry overdose death    Saudi athletes will compete for prizes worth over SR200 million in 3rd Saudi Games in Riyadh from Thursday    Woman with rare double uterus gives birth to twins    India puts blockbuster Pakistani film on hold    Al Hilal dominates Al Shorta with a 5-0 victory in AFC Champions League Elite    UK's Prince Harry celebrates 'little legends' at London charity awards    US country music star Kris Kristofferson dies, aged 88    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Muted Eid celebrations for millions of Nigerian Muslims    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Saudi Petroleum Minister Addresses “Asian Investment Conference" 3 Hong Kong


term, energy partner within Asia.
Wildly fluctuating prices may be good for a few traders, but it is not good for long-term economic stability and growth.
My final point on future certainties brings me back to where I started - Saudi Arabia's deepening partnership within Asia. I believe it will deepen even further in the decades ahead - because Saudi Arabia's partnership within the region goes far beyond petroleum. In 1998, for example, Saudi Arabia sent ten students to study Chinese in China. Today, more than 1,200 Saudis are studying medical or technical courses in China alone. And our flagship King Abdullah University of Science and Technology, located near Jeddah, is attended by a large number of students from across Asia. While in my day, many Saudis headed to the US and Europe to study, today there are many more heading east.
This investment in people highlights the importance with which Saudi Arabia sees its ever closer ties in this region. It is about energy, yes, but it is ultimately about relationships - and about people. And that fills me with confidence.
Ladies and gentlemen. To conclude, I want to reiterate Saudi Arabia's commitment to Asia's economic growth. I believe we have shared interests, and that we share aspirations to raise living standards for people across the region. Domestically, we are striving to build a brighter future for our people. But Saudi Arabia will not stint in its commitment to meeting the needs of its international customers. I believe we are partners in prosperity - and I hope this continues for many more decades to come."


Clic here to read the story from its source.