Official Saudi attention towards doubling the size of investment in Turkey

Saudi Minister of Commerce and Acting Minister of Information Majid Al-Qasabi revealed his desire to increase Saudi investments in Turkey to 30 or 40 billion US dollars.

Minister Al-Qasabi confirmed during a television interview on the sidelines of the Conference of Information Ministers of the Organization of Islamic Cooperation held in Istanbul that the current volume of Saudi investments in Turkey has reached 18 billion US dollars.

Al-Qasabi stated that the coming period will witness exchange visits between Turkish and Saudi business delegations, noting that the volume of Saudi investments in Turkey is continuously increasing.

It is worth mentioning that Saudi Arabia is considered one of the most important Arab countries with significant trade and investment relations with Turkey, and the volume of trade exchange between the two countries is continuously increasing.

Edited by: Imtilak Real Estate

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