Today: 7 October 2025
29 July 2022
1 min read

Albanian PM thanks MBS for multimillion dollar fund

The two leaders also reviewed bilateral ties and discussed ways to boost cooperation in several fields including economy, politics, and infrastructure investment…reports Asian Lite News

Albanian Prime Minister Edi Rama has thanked the Saudi crown prince Mohammed bin Salman for a multimillion dollar cash fund the Kingdom gave his country.

Prime Minister Rama met with Mohammed bin Salman during the crown prince’s visit to Greece on Wednesday.

During the meeting, Rama thanked Mohammed bin Salman for the Kingdom’s $50 million support and for the Public Investment Fund’s interest in investment opportunities in Albania worth about $200-$300 million, the Arab News reported.

The two leaders also reviewed bilateral ties and discussed ways to boost cooperation in several fields including economy, politics, and infrastructure investment.

And they explored potential cooperation in several regional and international issues of common interest.

They also discussed the latest regional and international developments, and efforts made in their regard, it was reported.

Earlier this week, Bajram Begaj, a retired military officer and politician, took oath as the 9th President of Albania.

In his first address in front of the lawmakers as the President, the 55-year-old declared that he will support and respect both the government and opposition’s work, calling for cooperation between political parties instead of conflict.

“I will carry out this mission above the parties. I will not remain neutral towards anyone who puts political interests above the nation’s interest and I will support and insist on the cooperation between all political forces,” Begaj added.

He urged political parties to “get away from the politics of confrontation and replace it with the politics of dialogue”.

“Unity is needed more than ever to ensure the vitality of our nation. Let us all together make our Albania even more beautiful, for it to be in the place where it belongs.”

Begaj was elected President on June 4.

ALSO READ-Bolsonaro officially launches re-election campaign

Previous Story

Abha Summer Festival begins

Next Story

Saudi receives envoys of Benin and Algeria

Latest from -Top News

OCTOBER 7: Stop the Violence Now, Says Guterres

Guterres recalled that “the attackers brutally killed more than 1,250 Israelis and foreign nationals….reports Asian Lite News UN Secretary-General Antonio Guterres urged an immediate halt to the violence in Gaza, Israel, and

Piyush Goyal Heads to Doha for Trade Talks

During the visit, both sides are expected to discuss the proposed India–Qatar Free Trade Agreement (FTA)….reports Asian Lite News Union Commerce and Industry Minister Piyush Goyal will travel to Doha, Qatar, on

Hamas Heads to Egypt for Gaza Talks

The negotiation will focus on the details of enacting the first phase of the plan…reports Asian Lite News A delegation from the Palestinian group Hamas arrived in Egypt on Sunday ahead of

Multi-alignment, upgraded

With US ties strained and China tense, New Delhi taps Europe’s harder edge for co-development, clean tech and strategic autonomy, writes Manoj Menon India is recalibrating its great-power hedging as frictions with
Go toTop

Don't Miss

India, Greece eye doubling trade by 2030

Modi said new opportunities were explored during his meeting ranging

Sheikh Abdullah, Greek FM review boosting ties

The top officials exchanged views on several issues of mutual