Saudi Arabia announces creation of entity for Red Sea, Gulf of Aden countries

Saudi Arabia announced an agreement to create an entity of countries along the Red Sea and Gulf of Aden.

They stated that the entity will enhance security, investment and development for countries by the Red Sea.

The Red Sea entity is an initiative by King Salman in order to achieve stability in the region. The entity will include Egypt, Sudan, Djibouti, Yemen Somalia and Jordan.

Representatives from Egypt, Djibouti, Somalia, Sudan, Yemen and Jordan gathered in Riyadh on Wednesday to discuss the initiative.

"This is part of the kingdom's efforts to protect its interests and those of its neighbors and ... to stabilize the region that we live in and to try to create synergies between the various countries..." Saudi Foreign Minister Adel al-Jubeir told reporters after a day of closed-door meetings.

"The more cooperation and coordination that you have among the countries of this region, the less negative outside influence will be on this region," he said.