The Al-Ula declaration resolves all of the outstanding issues that Qatar and other Arab nations had, said Faisal bin Farhan al-Saud, Saudi’s foreign minister.
Cairo: Qatari Finance Minister Ali Al Emadi Tuesday night attended the opening of a luxury Cairo Nile hotel, hours after Egypt signed a Gulf agreement ending a long dispute with Qatar.
Al Emadi joined his Egyptian counterpart Mohammed Maeti and US Secretary of the Treasury Steven Mnuchin in inaugurating the $1.3 billion St Regis Cairo Hotel owned by the real estate investment company Qatari Diar.
“The State of Qatar with its investment through the Qatari Diar in this distinguished project practically stresses its commitment to contribute to supporting the tourism sector due to its vital role in economic development and creating job opportunities,” Al Emadi said at the opening ceremony, putting Qatar’s overall investment in Egypt at over $5 billion.
Alula Communique issued by Summit of Sultan Qaboos and Sheikh Sabah emphasises on supreme goals of GCC
ALULA, SAUDI ARABIA, 5th January, 2021 (WAM) Leaders of the Gulf Cooperation Council (GCC) have closed ranks and underlined the need to coordinate efforts in order to confront common challenges.
This came as the leaders of the GCC states on Tuesday signed the final communique of the 41st Summit of the GCC Supreme Council, which has been named the Summit of Sultan Qaboos and Sheikh Sabah , in appreciation of their efforts.
The final statement noted that the GCC citizens pin hopes on Alula Communique to restore joint action and reinforce the bonds of fraternity and solidarity between the peoples of the region.