24 Hrs
Source:
الاقتصادية
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Saudi investments secure energy routes
Saudi Finance Minister Muhammad Al-Jadaan emphasized that the Kingdom's investments in developing alternative energy supply routes have contributed to ensuring the continuous flow of energy and trade, despite the current challenges facing the global economy. He highlighted that these efforts have helped strengthen the resilience of the global economy in the face of energy supply and trade disruptions, focusing on the importance of international cooperation, investing in infrastructure, and developing alternative pathways such as the East-West pipeline and maritime corridors to reduce reliance on a single route. Projections indicate that global inflation could rise by up to 4.7% in 2026, underscoring the need to diversify transportation routes and strengthen supply chains to achieve economic stability.
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