Saudi Arabia sets up bussiness councils with Slovenia

Saudi Arabia is intensifying its global economic outreach, forging enhanced business connections with Slovenia and Singapore. Minister of Economy and Planning, Faisal Al-Ibrahim spearheaded the establishment of a dedicated business council with Slovenia, emphasizing the untapped potential for collaboration.

Meanwhile, Minister of Commerce Majid Al-Qasab facilitated the creation of a similar body with Singapore, leading to the launch of the Joint Business Council. These efforts align with the Vision 2030 initiative, reflecting Saudi Arabia's commitment to diversify its economic landscape and strengthen ties with key international partners.

In Slovenia, Minister Al-Ibrahim engaged in discussions with senior government officials, exploring collaboration opportunities in various sectors. Simultaneously, Minister Al-Qasab's visit to Singapore focused on a business forum, where the Federation of Saudi Chambers and the Singapore Business Federation announced the Joint Business Council's launch. These initiatives mark strategic steps in fostering economic cooperation, opening new avenues for collaboration, and reinforcing Saudi Arabia's position in the global economic landscape.

Source: https://www.arabnews.com/node/2381776/business-economy

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