Minister of Investment Heads Saudi Government and Private Delegation to Latin America

Saudi Minister of Investment Khalid Al-Falih. (SPA)
Saudi Minister of Investment Khalid Al-Falih. (SPA)
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Minister of Investment Heads Saudi Government and Private Delegation to Latin America

Saudi Minister of Investment Khalid Al-Falih. (SPA)
Saudi Minister of Investment Khalid Al-Falih. (SPA)

Minister of Investment Khalid Al-Falih is heading a high-level delegation composed of a number of government agencies, national companies and representatives of the private sector scheduled to pay an official tour of seven Latin American nations between July 31 and August 9, 2023, SPA said on Monday.
An official report said that the tour will take the Saudi delegation to the Federative Republic of Brazil, the Republic of Chile, the Republic of Costa Rica, the Republic of Argentina, the Republic of Panama, the Republic of Paraguay and the Republic of Uruguay.
The tour aims to strengthen investment relations, review the existing strategic partnership between the Kingdom of Saudi Arabia and Latin American countries, and highlight the qualitative and unprecedented opportunities that the Kingdom abounds in all fields.
In his first leg, Al-Falih is set to open the Brazilian-Saudi Investment Forum on Monday, in the presence of senior officials from the two countries. In addition, several officials and CEOs of major companies and representatives of the private sector from the two countries will participate in the forum, in order to enhance investment relations in all fields.
The forum will review investment opportunities and the environment in the Kingdom of Saudi Arabia and the Federative Republic of Brazil as well. It will also include discussion sessions on a number of topics aimed at strengthening investment relations in various areas of common interest, including investment opportunities in mining, food processing, agriculture, transport and logistics, health care, entertainment, pharmaceuticals and biotechnology. Moreover, the forum will highlight the possibility of partnership between investors in the two countries, with the participation of representatives of government agencies, the private sector and major Saudi and Brazilian companies.
During his tour of the other six-nation Latin American countries, the Minister of Investment and his accompanying delegation are scheduled to hold several roundtable-meetings with representatives of companies with the aim of exploring opportunities to strengthen and deepen investment partnerships.
The tour comes as an extension of previous visits organized by the Ministry of Investment to a number of Caribbean and Latin and South American countries aiming to enhance investment relations with the region, within the Kingdom’s keenness to build bridges of communication with various countries of the world.



King Salman, Crown Prince Condole US President on Victims of New Orleans Terrorist Incident

Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister. (SPA)
Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister. (SPA)
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King Salman, Crown Prince Condole US President on Victims of New Orleans Terrorist Incident

Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister. (SPA)
Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister. (SPA)

The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, has sent a cable of condolences to US President Joe Biden on the victims of the terrorist incident that took place in the city of New Orleans.
The Custodian of the Two Holy Mosques said: "We have learned of the news of the terrorist incident that took place in the city of New Orleans, resulting in deaths and injuries. As we condemn this heinous act, we express to Your Excellency, the families of the victims, and the friendly people of the United States of America our deepest condolences and sincere sympathy. We wish the injured a speedy recovery.”
According to SPA, Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud has also sent a cable of condolences to Biden, saying: "I have learned of the news of the terrorist incident that took place in the city of New Orleans, resulting in deaths and injuries. As I condemn this act, I express to Your Excellency, and the US friendly people my deepest condolences and sincere sympathy. I wish the injured a speedy recovery.”