Kazakhstan and Saudi Arabia are actively stepping up efforts to strengthen economic cooperation, particularly in investment and trade, with senior officials from both nations engaging in high-level dialogue to expand joint opportunities.

Kazakhstan’s ambassador to Saudi Arabia, Madiyar Menilbekov, has engaged with prominent Saudi economic stakeholders, including the chairman of the Federation of Saudi Chambers, to explore mechanisms for closer business engagement and reciprocal investment flows.

The discussions focused on increasing Saudi participation in Kazakhstan-based investment projects and facilitating reciprocal visits by business delegations, reflecting mutual interest in deeper commercial ties.

Kazakhstan’s government emphasised the role of the Kazakhstan-Saudi Business Council as a key platform for structured engagement between private sectors, with an eye to unlocking new opportunities across strategic economic fields.

The two countries have also pursued broader discussions on bolstering bilateral cooperation in priority sectors such as energy, renewable infrastructure, agro-industry, pharmaceuticals and high technologies, building on existing economic relations and a foundation of strategic partnership.

Officials highlighted the favourable conditions Kazakhstan offers for foreign direct investment and expressed optimism about expanding Saudi investments beyond current levels into a wider range of economic activities.

These engagements come as part of a sustained effort by both capitals to diversify their economies and strengthen trade and investment links, positioning bilateral cooperation as a cornerstone of future growth.

The conversations underscored a shared commitment to sustained dialogue and joint initiatives that can generate tangible economic outcomes for both countries, with both sides reaffirming their readiness to pursue new ventures and deepen strategic economic collaboration.