Saudi Press

Saudi Arabia and the world
Friday, Oct 25, 2024

Saudi Arabia Initiates Major Vehicle Recall, Boosts Non-Oil Exports, and Strengthens International Ties

Saudi Arabia recalls over 16,000 vehicles due to brake warning light defects; free repairs offered.
Starting with automotive safety news, Saudi Arabia is recalling over 16,000 vehicles, including GMCs, Chevrolets, and Cadillacs, due to a defect in the brake warning light that might not alert drivers, leading to potential brake failure; owners are advised to contact local agents for free repairs.

Meanwhile, at an international gathering in Paris, Saudi Arabia pledged its unwavering support for Lebanon, highlighting the importance of a stable and sovereign nation, with a focus on the Lebanese Army and adherence to international resolutions for peace.

In economic developments, Saudi Arabia's non-oil exports have impressively surged by 7.5%, despite a decline in overall exports due to voluntary oil production cuts; notably, China remains a pivotal trade partner, both leading in exports and imports.

Turning attention to the agricultural sector, Saudi Arabia addresses an SR37 billion investment gap, inviting private sector participation to boost growth in areas like greenhouse vegetable production, livestock breeding, and aquaculture.

On the diplomatic front, Saudi Defense Minister Prince Khalid bin Salman is strengthening ties in Europe, having just visited Spain after productive discussions in Italy aimed at enhancing defense cooperation and exploring opportunities in military industries.

Lastly, during global economic talks, Saudi Finance Minister Mohammed Al-Jadaan called for the IMF's support for conflict-affected nations and discussed the kingdom's economic diversification and investment initiatives with international financial leaders.
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