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Saudi Minister of Commerce Chairs 18th Session of Saudi-Egyptian Joint Committee

The meeting was chaired by Saudi Minister of Commerce and Chairman of the Board of Directors of the General Authority for Foreign Trade, Dr. Majid bin Abdullah Al-Qasabi, and Egyptian Minister of Industry and Trade Ahmed Samir. (SPA)
The meeting was chaired by Saudi Minister of Commerce and Chairman of the Board of Directors of the General Authority for Foreign Trade, Dr. Majid bin Abdullah Al-Qasabi, and Egyptian Minister of Industry and Trade Ahmed Samir. (SPA)
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Saudi Minister of Commerce Chairs 18th Session of Saudi-Egyptian Joint Committee

The meeting was chaired by Saudi Minister of Commerce and Chairman of the Board of Directors of the General Authority for Foreign Trade, Dr. Majid bin Abdullah Al-Qasabi, and Egyptian Minister of Industry and Trade Ahmed Samir. (SPA)
The meeting was chaired by Saudi Minister of Commerce and Chairman of the Board of Directors of the General Authority for Foreign Trade, Dr. Majid bin Abdullah Al-Qasabi, and Egyptian Minister of Industry and Trade Ahmed Samir. (SPA)

The 18th session of the Saudi-Egyptian Joint Committee concluded in Riyadh on Monday.

The meeting was chaired by Saudi Minister of Commerce and Chairman of the Board of Directors of the General Authority for Foreign Trade, Dr. Majid bin Abdullah Al-Qasabi, and Egyptian Minister of Industry and Trade Ahmed Samir.

Al-Qasabi stressed Saudi Arabia's keenness to strengthen trade relations with Egypt through the exchange of visits between the private sectors, holding trade exhibitions to promote opportunities and increase the Kingdom's exports to Egypt.

Trade volume between Riyadh and Cairo reached around $11.8 billion until November 2023, with metal products, plastics, and their derivatives being the most prominent commodities exported to Egypt. Metal products and fruits were recorded as the most notable imported commodities.

The 18th session of the Saudi-Egyptian Joint Committee aligns with the strategic approaches of the two countries that aim to address challenges through periodic meetings with concerned parties. These meetings follow up on the implementation of recommendations and oversee the committee's work.

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Saudi Arabia Strengthens Relations with Danish Private Sector to Boost Bilateral Trade

Saudi Industry Minister strengthens relations with Danish private sector to boost bilateral trade. (SPA)
Saudi Industry Minister strengthens relations with Danish private sector to boost bilateral trade. (SPA)
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Saudi Arabia Strengthens Relations with Danish Private Sector to Boost Bilateral Trade

Saudi Industry Minister strengthens relations with Danish private sector to boost bilateral trade. (SPA)
Saudi Industry Minister strengthens relations with Danish private sector to boost bilateral trade. (SPA)

Saudi Minister of Industry and Mineral Resources, Bandar Alkhorayef, held a series of bilateral meetings on Friday with leaders of several leading Danish companies in the industry and mining sectors. Discussions covered joint investment opportunities, as well as the enablers and incentives offered by the Kingdom to investors, the Saudi Press Agency reported.
The meetings focused on strengthening cooperation in the industrial and mining sectors between the two sides, with an emphasis on leveraging the strategic opportunities presented by the National Strategy for Industry across its 12 priority sectors that the Kingdom aims to localize and develop. This was discussed alongside the opportunities provided by the comprehensive mining strategy, in line with the objectives of Saudi Vision 2030.
Alkhorayef also met with executives from the pharmaceutical, food, and mining sectors, including FLSmidth, Danfoss, Novo Holdings, Novonesis, and Arla Foods.
The visit reflects Saudi Arabia’s continued efforts to deepen economic partnerships with leading industrial nations and attract global expertise to accelerate the growth and competitiveness of the Kingdom's industrial and mining sectors.