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Ahmed Saleh

Saudi Minister of Investment, Eng. Khalid bin Abdulaziz Al-Falih, met with CEOs from Brazil and SA

Sao Paolo, August 2, 2023, In a high-profile gathering held yesterday in Sao Paulo, Brazil, the Saudi Minister of Investment, Eng. Khalid bin Abdulaziz Al-Falih, joined forces with esteemed CEOs from prominent companies in Brazil and Saudi Arabia. The event also saw the attendance of numerous government officials and representatives hailing from over 30 Saudi and 90 Brazilian companies. Together, they engaged in a productive roundtable discussion aimed at fostering collaboration and strengthening bilateral ties between the two nations.

During the discussion, participants delved into the topic of investment opportunities and explored strategies to enhance them. The focal point of the conversation revolved around bolstering economic ties and attracting investments in Saudi Arabia and Brazil, with a particular emphasis on fostering growth for entrepreneurial enterprises. Additionally, the participants explored avenues to facilitate the private sector in capitalizing on investment prospects in both nations.

During the discussions, a wide range of topics were addressed, including the establishment of collaborative efforts in various sectors such as energy, mining, petrochemicals, food processing, agriculture, construction, and real estate.

During a recent meeting, representatives from the Kingdom of Saudi Arabia and Brazil discussed a wide range of potential investment opportunities. These opportunities span various sectors, including oil, gas, renewable energy, mining, defense, logistics, healthcare, aviation, the environment, sports, entertainment, and other areas of mutual interest. In a significant development, a meeting has taken place, marking yet another stride in bolstering the outcome of the Saudi-Brazilian Investment Forum. This forum, held just last Monday, served as a platform for the two nations to thoroughly examine and assess the various investment prospects that lie ahead. The forum witnessed a significant turnout of government officials and private sector representatives from both nations.




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