Iraq urges Saudis to invest in agricultural projects

Iraqi Agriculture Minister Falah Al-Lahibi speaking at a meeting with Saudi businessmen in Riyadh on Wednesday. To his right is Sami Al-Obaidi, vice chairman of the Council of Saudi Chambers. (AN photo)
Updated 20 July 2017
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Iraq urges Saudis to invest in agricultural projects

RIYADH: Iraq’s agriculture minister on Wednesday urged Saudi businessmen to invest in mutually beneficial agricultural projects in his country.
Falah Al-Lahibi was addressing members of the Council of Saudi Chambers (CSC) at a meeting chaired by its Vice Chairman Sami Al-Obaidi at the council’s headquarters in Riyadh.
Al-Lahibi, leading an Iraqi delegation, urged Saudi businessmen to learn about his country’s promising investment opportunities in the agricultural sector.
The meeting, attended by Iraqi Ambassador to the Kingdom Rushdi Al-Ani, discussed ways to strengthen bilateral economic and trade relations, and reviewed investment opportunities in both countries.
Al-Lahibi reviewed Iraq’s agricultural sector, its economic importance and its investment potential.
He said there are promising opportunities due to the availability of water, fertile land, expertise and labor, as well as the geographic proximity between the two countries. He added that investing in Iraq is now safe as security has stabilized.
Welcoming Al-Lahibi, Al-Obaidi expressed Saudi interest in investing in Iraq. He called for joint efforts to increase bilateral trade and investment in viable ventures in the agricultural sector, which is an important way to diversify sources of income in the Kingdom, in line with Vision 2030.


Ambassador Khalid meets Saudi soldiers receiving treatment in US

Updated 52 min 19 sec ago
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Ambassador Khalid meets Saudi soldiers receiving treatment in US

  • Prince Khalid bin Salman met with Saudi soldiers who were being treated for injuries in the US
  • The Saudi ambassador praised the soldiers as “heros” for defending the Kingdom

Saudi Arabia’s ambassador to the United States, Prince Khalid bin Salman, met on Saturday with Saudi soldiers who were being treated for injuries in the US.

The Saudi ambassador praised the soldiers as “heros” for defending the Kingdom against the “Iran backed Houthi terrorist.”

Saudi Arabia has been leading an Arab coalition fighting the Houthi militia, who overthrew the democratically elected, internationally recognized government of Yemen in 2014.

During the Yemen conflict, the militia has targeted Saudi Arabia using ballistic missiles, which United Nations investigations have found to have been manufactured by Iran.