Saudi Arabia and Türkiye are looking to strengthen economic, tourism, and investment ties, tapping into available opportunities to enhance collaboration across various sectors in both countries.
Speaking at the Türkiye-Saudi Arabia Investment and Business Forum held in Istanbul, Saudi Investment Minister Khalid Al-Falih highlighted numerous areas for cooperation with Türkiye.
The minister noted Türkiye’s role as a major food supplier to the Kingdom and emphasized Saudi Arabia’s positive credit ratings, signaling progress towards Vision 2030 goals and its potential for affordable green energy.
Al-Falih stressed the strategic importance of Saudi-Turkish relations, underlining the significant role of private companies from both countries in boosting economic and trade ties.
He also mentioned the increasing presence of Turkish companies in Saudi Arabia, from just 20-30 a few years ago to around 400 last year.
On his part, Turkish Finance Minister Mehmet Simsek said that…