Riyadh, February 03, 2025 – Minister of Economy and Planning, Faisal Alibrahim, held an important meeting today with Dr. Jörg Kukies, the German Finance Minister, to discuss strengthening the economic and trade relationship between Saudi Arabia and Germany. The meeting, which took place in Riyadh, focused on exploring new avenues of cooperation in various sectors, particularly in areas of mutual economic interest, trade, and investment.
Both ministers expressed a shared commitment to enhancing bilateral relations, with an emphasis on expanding trade ties and fostering investment opportunities. The discussions covered several key topics, including potential collaborations in industries such as renewable energy, technology, infrastructure, and finance, which are areas where both countries have significant expertise and shared goals for growth.
The meeting also highlighted the importance of continued dialogue and cooperation between the two nations as they work to further deepen their economic partnership. Saudi Arabia’s Vision 2030, with its focus on diversifying the economy and attracting foreign investment, aligns closely with Germany’s advanced industrial and technological capabilities, presenting new opportunities for collaboration.
Minister Alibrahim underscored Saudi Arabia’s openness to international partnerships and emphasized the country’s strategic position as a gateway for investment into the Middle East and North Africa (MENA) region. Meanwhile, Dr. Kukies reaffirmed Germany’s interest in deepening its economic ties with Saudi Arabia, citing the potential for growth in both markets.
Both leaders agreed on the importance of fostering stronger trade relations, with a focus on innovation, sustainability, and economic diversification, in line with the broader goals of both countries. The discussions laid a strong foundation for continued cooperation, signaling the ongoing commitment of Saudi Arabia and Germany to building a prosperous and mutually beneficial partnership in the years ahead.
