Saudi-British Economic Ties: £12.6BN Invested, with Al-Falih and Johnson Highlighting Growing Cooperation
Saudi Arabia's Minister of Investment, Eng.
Khalid Al-Falih, highlighted the significant investment relationship between Saudi Arabia and the UK during a panel session at the Great Futures Initiative Conference.
The UK is the second largest foreign investor in Saudi Arabia, with approximately $16 billion in investments.
Al-Falih emphasized the strong Saudi-British relations and noted that the investment sector in Saudi Arabia heavily relies on banking and financial ventures.
He also mentioned that Saudi Arabia has the fastest growing economy over the past six years.
The British minister praised the success of economic collaborations between the UK and Saudi Arabia, emphasizing their long-term continuity.
He highlighted the significance of these economic ties in showcasing the strong relationship between the two countries.
The minister also acknowledged the impressive development in Saudi Arabia and the favorable investment climate, encouraging British investors to seize opportunities in the Saudi market.
The UK is the second largest foreign investor in Saudi Arabia, with approximately $16 billion in investments.
Al-Falih emphasized the strong Saudi-British relations and noted that the investment sector in Saudi Arabia heavily relies on banking and financial ventures.
He also mentioned that Saudi Arabia has the fastest growing economy over the past six years.
The British minister praised the success of economic collaborations between the UK and Saudi Arabia, emphasizing their long-term continuity.
He highlighted the significance of these economic ties in showcasing the strong relationship between the two countries.
The minister also acknowledged the impressive development in Saudi Arabia and the favorable investment climate, encouraging British investors to seize opportunities in the Saudi market.
Translation:
Translated by AI
