Cairo: The Economic and Social Council of the League of Arab States convened its 118th ministerial session, led by the Kingdom of Saudi Arabia. Saudi Assistant Minister of Finance for Macro-Fiscal Policies and International Relations, Eng. Abdullah bin Zaraah, presided over the session held at the League's General Secretariat headquarters in Cairo. Representatives from member states participated in the meeting.

According to Saudi Press Agency, the session addressed various economic and social issues of common interest to Arab nations. The discussions aimed at fostering cooperation among member states, supporting development initiatives, promoting intra-Arab trade, and expanding opportunities for regional integration and growth.

In a statement from the Kingdom, bin Zaraah emphasized the significance of joint Arab economic and social efforts as a foundational element for enhancing collective capacity to tackle challenges and seize opportunities. He underscored the need to transition from mere coordination and discussion to actual implementation and achieving tangible outcomes. This involves developing implementation and follow-up mechanisms, linking decisions and initiatives to clear objectives with measurable indicators, enhancing coordination among joint Arab action institutions and specialized Arab organizations, and channeling resources and capabilities toward high-impact priorities.

Bin Zaraah also highlighted the Kingdom's national achievements, noting that the World Bank Group's World Development Report 2026 ranked Saudi Arabia among the top 10 countries globally in private investment in artificial intelligence, acknowledging its prominent position in the global AI landscape.