Saudi Press

Saudi Arabia and the world
Tuesday, Jul 15, 2025

Al-Falih underlines importance of Saudi-Uzbek partnership in key sectors

Saudi Arabia’s Minister of Investment Eng. Khalid bin Abdulaziz Al-Falih on Thursday concluded a two-day official visit to Uzbekistan during which mutually beneficial investment opportunities in key sectors were explored.
Al-Falih led a delegation of more than 60 Saudi government representatives and leading companies from the Saudi private sector, who discussed collaboration in transport, health, agriculture, trade and investments, energy, and petrochemicals.

During the visit, the Minister of Investment joined President of Uzbekistan Shavkat Mirziyoyev for the opening session of the Tashkent International Investment Forum.

He also took the opportunity to stress the many similarities between Saudi Arabia and Uzbekistan, such as clear visions for progress, both nations’ young and dynamic populations and growing roles for the private sector for their respective economies.

Al-Falih also joined Uzbekistan’s Deputy Prime Minister and Minister of Investments and Foreign Trade, as well as the Minister of Agriculture, for the fifth session of the Saudi-Uzbek Joint Committee, where he highlighted the investment opportunities in the Kingdom and rallied support for Riyadh’s candidacy for World Expo 2030.

A Saudi-Uzbek Business Council – a private sector-led forum dedicated to enhancing business and investment relations between the two countries – also convened for a meeting during the trip.

On the occasion, Al-Falih said, “Both of our great nations have embarked on ambitious national economic diversification journeys and expansive programs of reforms. We are now taking our rightful places on the international stage as hubs for trade and investment, offering unique investment opportunities and significant returns for the world’s investors and entrepreneurs. I am convinced that together we can elevate the existing Uzbek-Saudi partnership to an even higher level. We’re excited by the investment potential that Uzbekistan offers and we look forward to helping Uzbek businesses to take advantage of the exciting long-term growth potential of the Saudi market.”

On the sidelines of the visit, Dr. Sulaiman Al Habib Medical Group of Hospitals signed a Memorandum of Understanding with the Ministry of Health in Uzbekistan and the Sovereign Fund for Direct Investment in Uzbekistan. The memorandum aims to transfer skills and digital technologies to Dr. Sulaiman Al Habib Medical Group of Hospitals, with the possibility of operating a multidisciplinary medical complex in the city of Tashkent.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Nvidia Becomes World’s First Four‑Trillion‑Dollar Company Amid AI Boom
Iranian President Reportedly Injured During Israeli Strike on Secret Facility
Kurdistan Workers Party Takes Symbolic Step Towards Peace in Northern Iraq
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
AI Raises Alarms Over Long-Term Job Security
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Russia Formally Recognizes Taliban Government in Afghanistan
Mediators Edge Closer to Israel-Hamas Ceasefire Agreement
Emirates Airline Expands Market Share with New $20 Million Campaign
House Oversight Committee Subpoenas Former Jill Biden Aide Amid Investigation into Alleged Concealment of President Biden's Cognitive Health
Amazon Reaches Major Automation Milestone with Over One Million Robots
Meta Announces Formation of Ambitious AI Unit, Meta Superintelligence Labs
China Unveils Miniature Insect-Like Surveillance Drone
Marc Marquez Claims Victory at Dutch Grand Prix Amidst Family Misfortune
Iran Executes Alleged Israeli Spies and Arrests Hundreds Amid Post-War Crackdown
Trump Asserts Readiness for Further Strikes on Iran Amid Nuclear Tensions
Iran's Parliament Votes to Suspend Cooperation with Nuclear Watchdog
Trump Announces Upcoming US-Iran Meeting Amid Controversial Airstrikes
Trump Moves to Reshape Middle East Following Israel-Iran Conflict
NATO Leaders Endorse Plan for Increased Defence Spending
U.S. Crude Oil Prices Drop Below $65 Amid Market Volatility
Explosions Rock Doha as Iranian Missiles Target Qatar
“You Have 12 Hours to Flee”: Israeli Threat Campaign Targets Surviving Iranian Officials
Oman Set to Introduce Personal Income Tax, First in Gulf
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Iran Intensifies Crackdown on Alleged Mossad Operatives After Sabotage Claims
Trump Praises Iran’s ‘Very Weak’ Response After U.S. Strikes and Presses Israel to Pursue Peace
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Pakistan to nominate Trump for Nobel Peace Prize.
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
G7 Leaders Fail to Reach Consensus on Key Global Issues
Mass exodus in Tehran as millions try to flee following Trump’s evacuation order
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
Vietnam Emerges as Luxury Yacht Destination for Ultra‑Rich
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Netanyahu Signals Potential Regime Change in Iran
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
Energy Infrastructure Becomes War Zone in Middle East
×