Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Inflation stays below three per cent despite price warning

      The Bank of England is expected to hold interest rates at four per cent due to stubbornly high inflation.

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      England’s secret weapon against World Cup heat? British company’s £26 product

      Breaking news scene with journalists interviewing a business leader in front of corporate headquarters, microphones and ca...

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Old Pulteney releases 50-year-old whisky for 200th anniversary

      Old Pulteney 50-Year-Old single malt Scotch whisky bottle with elegant packaging on display, highlighting luxury and craft...

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Sunday 11 December 2016 2:55 pm

Johnson keen to emphasise UK’s close ties with Saudi Arabia after critical comments on Yemen

By: Tracey Boles

Add as a preferred source on Google

Foreign Secretary Boris Johnson reiterated Britain's close ties to Saudi Arabia on a visit there yesterday, days after making comments seen as critical of the desert kingdom's actions in Yemen.

"I'm here to emphasise the friendship that exists between the UK and Saudi Arabia, and that is something that is developing and expanding," Johnson said

In a joint news conference with Saudi Foreign Minister Adel al-Jubeir, he said that he had deep concern for Yemeni suffering but recognised Riyadh faced a grave threat from that country's conflict, in which the kingdom is leading a coalition of Arab forces against an Iranian-allied Yemeni group.

He added: "And it's also fair to say that we believe in candour in our relationship. Now is the time for us to talk about the positive things that we are doing together."

Saudi Arabia is set to utilise the experience of leading City firms in their $2 trillion national economic transformation programme following a high level meeting in Riyadh at the end of November.

Nearly 60 Saudi and British delegates participated in the Saudi British Joint Business Councils Infrastructure Planning and Financing meeting in Riyadh on 28 November.

Representatives from DLA Piper, Adam Smith International, Atkins Acuity and Carillion Saudi Arabia made well-received presentations on regulatory frameworks and relevant case studies. Panellists from HSBC, PwC and Pinsent Masons joined a wider discussion on project finance.

There was considerable interest in UK experience of PPP as Saudi Arabia embarks on Vision 2030 implementation. A number of follow-up actions were agreed and endorsed by SBJBC’s biannual meeting on 30 November.

These include the preparation of a “PPP lessons learnt” paper, and SBJBC engagement with the new Privatisation Unit in the Ministry of Economy & Planning, prior to a second interactive workshop on project delivery in 2017.

 

 

 

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Politics

Related Topics

  • International

Trending Articles

  • Rathbones to suspend thousands of client account inflows after FCA probe deals £530m blow

  • As it happened: FTSE 100 relief rally runs out of steam as BP and Shell weigh; Oil hits three-month low

  • Rolls-Royce shares surge as SMR unit bags multi-billion pound Swedish nuclear contract

  • More Big Four blues as Deloitte plans to slash UK audit roles

  • London Tech Week sums up everything wrong with UK tech

More from CityAM

  • Saudi Arabia’s PIF sign Queen’s deal despite wider sporting retreat

    Sport Business
    GettyImages 2221945175 depicts a significant moment in a newsworthy event, featuring key figures and dynamic interactions.
  • Surj reiterates sports commitments following PIF’s partial retreat

    Sport Business
    The PTO's T100 Triathlon World Tour calls in seven cities, including London and Las Vegas
  • Ronaldo becomes shareholder in broadcaster ahead of World Cup

    Sport Business
    GettyImages 2275042745 showing business professionals in a meeting, discussing strategies, with charts and laptops on the ...
  • Drive to Survive backer buys stake in Hearns’ Matchroom empire

    Sport Business
    Economic report analysis with charts and graphs displaying financial data trends, headline numbers, and market indicators
  • Matchroom’s Eddie Hearn on darts in US, Bruin Capital, Saudi and Dana White

    Sport Business
    Breaking news headline with city skyline background, emphasizing current events and business updates.
  • Fifa boss Infantino pips PSG chief Al-Khelaifi in CityAM Football Power List

    Sport Business
    High-rise cityscape view with modern skyscrapers under a clear blue sky, reflecting urban growth and architectural develop...
  • LIV Golf’s decline leaves sport with more questions than answers

    Sport Business
    GettyImages 2271514397: Business professionals in a meeting room discussing strategies with charts and graphs on the table.
  • Exclusive: F1 Academy launch partnership with Unilever’s Dirt is Good

    Sport Business
    Getty Images logo on a modern office building, symbolizing media influence and corporate presence in the digital age.

CityAM Canada — business, markets and opinion for Canadian readers.

Sections

  • Business
  • Markets
  • Tech
  • AI
  • Economics
  • Opinion
  • Cities

Company

  • About
  • Contact

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 CityAM Canada. All rights reserved.
Terms · Privacy · Cookies