Austrian, Saudi officials discuss business opportunities

  • 3/21/2023
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RIYADH: An Austrian business delegation recently visited Saudi Arabia to discuss ways of boosting bilateral cooperation and future economic, commercial, and investment opportunities. The party, consisting of private- and public-sector officials and leaders, was headed by Austrian Minister for Labor and Economy Martin Kocher. During the visit, the Austrian delegation met Minister of Economy and Planning Faisal bin Fadel Al-Ibrahim, Minister of Investment Khalid Al-Falih and Minister of Commerce Majid Al-Qassabi. The members of the delegation also met with Saudi princes and senior officials from the Kingdom’s private and public sectors. A roundtable Saudi-Austrian investment meeting was also held to promote economic relations between the two countries, with a focus on business and investment opportunities and ways to improve communication. As part of the trip, the Austrian visitors were taken on a tour of the historic At-Turaif District, and Bujairi Terrace. The Saudi-Austrian Joint Committee’s eighth meeting was held in Riyadh in March 2022 and the next session is due to take place in Austria next year.

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