RIYADH: Investments between Saudi Arabia and Djibouti will see new protection measures thanks to an agreement between the two countries.

The deal, which was inked on the sidelines of the second day of the 28th World Investment Conference taking place in Riyadh from Nov. 25 — 27, aims to provide many advantages to investors.

These include investment protection, national treatment, and fair and equitable treatment, as well as transparency, and the right to resolve disputes through national courts or international arbitration, according to the Saudi Press Agency.

The agreement aims to provide a safe business environment that increases the volume of mutual investments in all sectors. It also seeks to further encourage bilateral relations and economic partnerships between the two sides.

This falls in line with the significant progress in bilateral trade, which reached approximately SR7 billion ($1.86 billion) in 2023, marking an important step toward sustainable growth and stronger economic ties between the Kingdom and Djibouti. 

The deal was signed by the Kingdom’s Minister of Investment, Khalid Al-Falih, and by the Minister of State for Investments and Private Sector Development in Djibouti, Safia Ali Jadila.

The two sides stressed the importance of the deal’s role in supporting and motivating both countries’ private and government sectors to invest and achieve the ambitious investment programs witnessed by the two nations.

LIVERPOOL: Liverpool manager Arne Slot believes Mohamed Salah is “in a good place” and isn’t affected by his contract impasse with the club.

Salah’s latest deal expires at the end of this season and he told reporters after Liverpool’s 3-2 win at Southampton on Sunday that he was disappointed not to have received a new contract offer, saying: “I’m probably more out than in.”

The issue dominated Liverpool’s news conference ahead of Wednesday’s match against Real Madrid in the Champions League, with Slot keen to play down any friction with Salah — and even suggested the situation is making the winger play as well as ever.

“I don’t think it distracts Mo at all,” Slot said Tuesday. “Maybe it even brings the best out of him if you look at his performances until now.

“I talk to Mo about what I expect from him, like I do with all the other players, and he is in a good place at the moment. I’m not distracted by his comments and I don’t feel his teammates are.”

Salah has scored 12 goals in 18 appearances for Liverpool this season and is second in the Premier League with 10 goals in 12 games, only behind Manchester City’s Erling Haaland (12 goals).

Slot even quipped: “The only thing I can say is that if I look at my lineups, Mo is more in than out.”

The latest contracts of Virgil van Dijk and Trent Alexander-Arnold are also due to expire at the end of this season.

“In fairness, it goes for all three of them — Mo, Virgil and Trent are all in similar positions,” Liverpool defender Andy Robertson said. “Every one of them is so focused on the next game and training and preparing properly.”