عربي English Türkçe اردو فارسى
Logo
Latest News
Business

Brazilian-Saudi Investment Forum Witnesses Signing of 25 MoUs in Various Fields

The forum included presentations on Invest Saudi, a program that aims to promote investment opportunities in Saudi Arabia to the world. (SPA)
The forum included presentations on Invest Saudi, a program that aims to promote investment opportunities in Saudi Arabia to the world. (SPA)
TT
TT

Brazilian-Saudi Investment Forum Witnesses Signing of 25 MoUs in Various Fields

The forum included presentations on Invest Saudi, a program that aims to promote investment opportunities in Saudi Arabia to the world. (SPA)
The forum included presentations on Invest Saudi, a program that aims to promote investment opportunities in Saudi Arabia to the world. (SPA)

The Saudi Ministry of Investment organized on Monday in Sao Paulo the Brazilian-Saudi Investment Forum, which saw the signing of many memoranda of understanding (MoUs) in various fields, SPA said.
The 25 MoUs covered the fields of petrochemicals, healthcare, defense, food, real estate, tourism, water desalination and treatment, and agriculture.
Attending the Forum were Brazil’s Vice President and Minister of Development, Industry, Trade, and Services Geraldo Alckmin; Saudi Minister of Investment Eng. Khalid bin Abdulaziz Al-Falih; Mayor of Sao Paulo Ricardo Nunes; Saudi Ambassador to Brazil Faisal bin Ibrahim Ghulam; President of the Federation of Industries of the State of Sao Paulo Josue Gomes; and a number of government officials, CEOs of major companies as well as representatives of the private sector from both countries.
The Forum constituted a significant opportunity for Saudi and Brazilian companies to exchange expertise, explore collaboration and partnership prospects and discover the investment opportunities available in the two countries.
The Forum also saw presentations about the “INVEST SAUDI” initiative, investment in the Kingdom’s economic zones, Riyadh Expo 2030, investment opportunities in Brazil and the investment environment in Sao Paulo.
Additionally, dialogue sessions were held during the Forum, covering the sectors of transportation, logistics services, mining, food industries, agriculture, healthcare, sports, and entertainment.

Most Viewed

 
 
Business

Saudi Maritime and Logistics Congress Kicks off in Jeddah in October

The Jeddah Superdome will host the 2026 edition of the congress. (Saudi Maritime and Logistics Congress)
The Jeddah Superdome will host the 2026 edition of the congress. (Saudi Maritime and Logistics Congress)
TT
TT

Saudi Maritime and Logistics Congress Kicks off in Jeddah in October

The Jeddah Superdome will host the 2026 edition of the congress. (Saudi Maritime and Logistics Congress)
The Jeddah Superdome will host the 2026 edition of the congress. (Saudi Maritime and Logistics Congress)

The Saudi Maritime and Logistics Congress will kick off in Jeddah on October 21 and 22, with the participation of more than 15,000 specialists from over 90 countries, coinciding with the Kingdom's efforts to boost its position as a global logistics hub.

The Jeddah Superdome will host the 2026 edition of the congress, which brings together government officials, representatives from port authorities, shipping companies, logistics operators, investors, and major buyers in the sector.

The event comes at a time when the Kingdom is focusing on developing its maritime transport infrastructure and logistics services under the National Transport and Logistics Strategy. This strategy aims to increase port capacity to 40 million twenty-foot equivalent units (TEUs) annually by 2030.

The congress will explore opportunities to develop port capacity, logistics zones, shipping corridors, maritime transport services, and digital infrastructure, alongside shifts in the energy sector, infrastructure and technology investments, and supply chain resilience.

The congress program will focus on five key themes, including trade corridors and connectivity; ports, logistics, and industrial competitiveness; the energy transition; infrastructure investment and economic development; and technology and resilience.

The Saudi Ports Authority (Mawani) and the Transport General Authority (TGA) are participating as main partners in the 2026 edition, while the event is being organized in cooperation with Bahri and Seatrade Maritime Saudi, a subsidiary of Informa.

Business

Saudi Ministry of Industry Participates in 63rd Damascus International Fair

26 August 2026, Syria, Damascus: People walk at the Damascus Fair Grounds during the opening ceremony of the 63rd Damascus International Fair. (dpa)
26 August 2026, Syria, Damascus: People walk at the Damascus Fair Grounds during the opening ceremony of the 63rd Damascus International Fair. (dpa)
TT
TT

Saudi Ministry of Industry Participates in 63rd Damascus International Fair

26 August 2026, Syria, Damascus: People walk at the Damascus Fair Grounds during the opening ceremony of the 63rd Damascus International Fair. (dpa)
26 August 2026, Syria, Damascus: People walk at the Damascus Fair Grounds during the opening ceremony of the 63rd Damascus International Fair. (dpa)

The Saudi Ministry of Industry and Mineral Resources is participating in the 63rd Damascus International Fair, taking place from August 26 to September 4.

The participation aims to strengthen economic and industrial integration between the two countries, showcase the growth and development of Saudi industries, and expand access for Saudi goods and services to regional markets.

Saudi non-oil exports to Syria reached SAR1.23 billion in 2025, representing growth of more than 123% compared to 2024.

The fair serves as a key platform for fostering international investment partnerships across a wide range of economic sectors, particularly energy, industry, and technology.

The 63rd edition brings together around 1,000 entities from 60 countries, as well as Syrian ministries, institutions, and artisans, highlighting the fair’s significant economic and developmental impact.

Business

Saudi Arabia, Pakistan Aim to Raise Agricultural and Food Exports to Reach $3 Billion

The Saudi and Pakistani delegations are seen in Islamabad. (SPA)
The Saudi and Pakistani delegations are seen in Islamabad. (SPA)
TT
TT

Saudi Arabia, Pakistan Aim to Raise Agricultural and Food Exports to Reach $3 Billion

The Saudi and Pakistani delegations are seen in Islamabad. (SPA)
The Saudi and Pakistani delegations are seen in Islamabad. (SPA)

Saudi Arabia and Pakistan have agreed to bolster cooperation in the fields of food security and agriculture, as both sides look to increase the value of Pakistani agricultural and food exports to the Kingdom to $3 billion.

The announcement was detailed in a joint statement issued at the conclusion of a high-level Saudi delegation's official visit to Pakistan from August 26 to 28. Led by Saudi Minister of Environment, Water, and Agriculture Abdulrahman Al-Fadley, the delegation included senior officials from the ministry, the General Food Security Authority, and other relevant government entities.

The discussions focused on the rice, red meat, and fruit sectors, as well as fruit concentrates, green fodder, and water-efficient agricultural technologies.

Pakistani rice supplies to the Saudi market reached approximately 169,000 tons in 2025, with an estimated value of $163 million, while annual meat supplies totaled around 30,000 tons, valued at $167 million. Saudi Arabia has expressed its desire to double the volume of meat supplies in the future.

The two sides agreed to increase the share of Pakistani fruit exports and fruit concentrates in the Saudi market, empower the private sector, and facilitate communication between business leaders, alongside expanding mutual recognition of quality certificates.

The two sides also discussed opportunities to expand the green fodder trade and build long-term supply partnerships, while Saudi Arabia encouraged Pakistan to join the International Dates Council, an invitation welcomed by Islamabad.

During the visit, Saudi Arabia reviewed investment proposals from Pakistani companies across the livestock, agricultural manufacturing, and rice value chain sectors, with both sides agreeing to coordinate on exploring and exploiting these opportunities.

Both sides reaffirmed their commitment to strengthening their comprehensive strategic partnership. Pakistan welcomed the invitation to attend the 43rd Saudi Agriculture Exhibition, scheduled to be held in Riyadh in October, and both parties agreed to maintain ongoing coordination to follow up on the implementation of the reached understandings.