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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)
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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.

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Saudi Arabia’s Relief Campaign Continues to Provide Aid in Palestine, Syria

Trucks near Jordan’s Jaber Border Crossing en route to the Syrian capital as part of the air and land relief bridges (SPA)
Trucks near Jordan’s Jaber Border Crossing en route to the Syrian capital as part of the air and land relief bridges (SPA)
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Saudi Arabia’s Relief Campaign Continues to Provide Aid in Palestine, Syria

Trucks near Jordan’s Jaber Border Crossing en route to the Syrian capital as part of the air and land relief bridges (SPA)
Trucks near Jordan’s Jaber Border Crossing en route to the Syrian capital as part of the air and land relief bridges (SPA)

The Saudi Popular Campaign to aid the Palestinian people in Gaza has reached a significant milestone, with donations surpassing SAR714 million (over $190 million) from more than 2.1 million contributors, according to official figures.

Since the outbreak of the war in Gaza on October 7, 2023, Saudi Arabia has dispatched 58 relief aircraft loaded with humanitarian supplies, coordinated by the King Salman Humanitarian Aid and Relief Center (KSrelief) and the Ministry of Defense. The planes have carried shelter materials, food baskets, and medical equipment, all bound for Palestinian civilians in Gaza.

Launched in November 2023 under the directive of King Salman bin Abdulaziz, the campaign has collected both financial and in-kind donations. Contributions include ambulances, medical supplies, food, baby formula, and dates. The initiative began with a generous personal donation of SAR50 million (more than $13 million) from King Salman and Crown Prince Mohammed bin Salman.

As of March, the total weight of Saudi aid to Gaza via air and sea exceeded 7,188 tons, transported through 58 planes and 8 ships. The aid included shelter items, food and medical supplies, 20 ambulances, 30 power generators, 10 water tanks, and 62 logistical units. Air drops alone delivered over 39,200 ready-to-eat meals and 500 sets of parachute-assisted relief items.

KSrelief has implemented 131 projects in Palestine at a value of more than $514 million. These initiatives have focused heavily on food security, agriculture, health, and shelter, in addition to other sectors.

Meanwhile, the humanitarian crisis in Gaza continues to deepen. On Tuesday, the Gaza Ministry of Health reported the death toll from the Israeli offensive has reached 50,810 since October 7, 2023, with over 115,688 wounded. Since Israel resumed its attacks on March 18, following a two-month ceasefire, 1,449 Palestinians have been killed and 3,647 injured.

In Syria, KSrelief has remained a leading contributor through its “Sahem” donation platform, especially in response to the 2023 earthquake that struck both Syria and Türkiye. Donation opportunities include emergency aid, home reconstruction, and medical support—totaling nearly $140 million.