Saudi-Japanese Business Council Discusses Investment Opportunities

Saudi and Japanese official attend a meeting of the Saudi-Japanese business council in Riyadh on Sunday. (SPA)
Saudi and Japanese official attend a meeting of the Saudi-Japanese business council in Riyadh on Sunday. (SPA)
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Saudi-Japanese Business Council Discusses Investment Opportunities

Saudi and Japanese official attend a meeting of the Saudi-Japanese business council in Riyadh on Sunday. (SPA)
Saudi and Japanese official attend a meeting of the Saudi-Japanese business council in Riyadh on Sunday. (SPA)

The Saudi-Japanese business council convened in Riyadh on Sunday to explore avenues for strengthening the strategic partnership between the two nations across diverse economic sectors.

The meeting was headed by Saudi Minister of Investment Khalid Al-Falih and Japan's Minister of Economy, Trade and Industry Muto Yoji. It brought together several ministers, CEOs of major Saudi and Japanese companies, and representatives from both countries' public and private sectors.

Officials reviewed the significant achievements made since the seventh ministerial meeting within the Saudi-Japanese Vision 2030.

It explored numerous areas of growing cooperation and identified promising investment opportunities in vital sectors such as clean energy, financial services, critical minerals, special economic zones, health and biotechnology, water, e-sports, advanced and electronic industries, and more.

The meeting witnessed the signing of 13 memoranda of understanding, demonstrating the growing momentum in bilateral cooperation. The agreements, covering healthcare, infrastructure, and logistics sectors, were signed between government and private sector entities and amongst private sector companies from both countries.



Türkiye Sees ‘Genuine’ Disinflation Prospects, Says Central Bank Deputy Governor 

People walk as simit, a traditional Turkish bagel, are displayed at a stall for sale at Eminonu district in Istanbul, Türkiye, April 23, 2025. (Reuters)
People walk as simit, a traditional Turkish bagel, are displayed at a stall for sale at Eminonu district in Istanbul, Türkiye, April 23, 2025. (Reuters)
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Türkiye Sees ‘Genuine’ Disinflation Prospects, Says Central Bank Deputy Governor 

People walk as simit, a traditional Turkish bagel, are displayed at a stall for sale at Eminonu district in Istanbul, Türkiye, April 23, 2025. (Reuters)
People walk as simit, a traditional Turkish bagel, are displayed at a stall for sale at Eminonu district in Istanbul, Türkiye, April 23, 2025. (Reuters)

Türkiye is facing genuine disinflation prospects, its deputy central bank governor said on Wednesday, adding that it was replenishing reserves following the hit to them in the wake of recent political turmoil.

"For the first time, I believe we are facing genuine disinflation prospects in the true sense of the world," Central Bank Deputy Governor Osman Cevdet Akcay said during a panel discussion at the European Bank for Reconstruction and Development annual meeting in London.

"So, we might see a break in inflation numbers suddenly to be sustained."

He added the central bank was rebuilding the country's reserves "slowly but surely."