Mexican delegation visits Saudi Arabia to promote trade and discuss investment

The Mexican and Saudi delegations discuss opportunities and investment projects during their meeting at the CSC. (Supplied photo)
Updated 17 November 2018
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Mexican delegation visits Saudi Arabia to promote trade and discuss investment

  • The visiting team expressed their desire to benefit from and contribute to the projects presented by the Kingdom’s Vision 2030

RIYADH: A trade delegation from Mexico called on the Saudi business community to strengthen trade partnerships with their counterparts in Mexico and participate in promising opportunities and investment projects in various areas, especially in the construction and infrastructure sectors.
“A delegation from the National Bank for Services and Public Works (BANOBRAS), the most important development bank in Mexico, visited Saudi Arabia to promote investment opportunities that will bring the countries closer together,” Mexican Ambassador Alfredo Miranda told Arab News on Friday.
Miranda accompanied Alejandro Blasco, head of investor relations at BANOBRAS, and Luis Ampudia, deputy head of investor relations, during the meeting at the Council of Saudi Chambers (CSC).
The Saudi delegation was made up of CSC Secretary-General Saud Al-Meshari; Vice Chairman and Managing Director of the Saudi Fund for Development Khalid S. Alkhudairy; and head of stakeholder management of the Public Investment Fund (PIF) Saad A. Alkroud.
During the meetings, the Mexican delegation shared the opportunities available in Mexico for identifying possible public-private partnerships and financing social infrastructure projects, and they discussed the potential of investment opportunities in Mexico as part of the PIF’s international diversified pool, said the envoy.
The visiting team expressed their desire to benefit from and contribute to the projects presented by the Kingdom’s Vision 2030.
The Mexican ambassador further declared that his country, like Saudi Arabia, is one of the top 20 economies in the world and is eager to strengthen mechanisms of collaboration in different areas, taking into account that Mexico’s GDP is $1.1 trillion, has a population of 129 million inhabitants, an inflation rate of 4 percent and very low unemployment of just 4 percent.
“I am sure both countries will continue to work together in order to have more Mexicans in Saudi Arabia and more Saudis in Mexico,” said Ambassador Miranda.


Saudi Arabia to host first nursing forum in Riyadh

Updated 3 min 35 sec ago
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Saudi Arabia to host first nursing forum in Riyadh

  • According to the Ministry of Health, the forum will kick off on March 17 at Al-Faisaliah Hotel
JEDDAH: Seeking to create a unique platform to support the nursing profession under the National Transformation Program (NTP 2020), the Saudi capital will host the first nursing forum next month.
According to the Ministry of Health, the forum will kick off on March 17 at Al-Faisaliah Hotel.
“The forum, which will be held for the first time in the Kingdom, is a unique event that aims to treasure the nursing profession, which is the cornerstone of the health care system,” said the ministry.
It launched an awareness campaign in January to highlight nurses’ pivotal role in the health care system. The #All4Nurses_KSA campaign has the Twitter handle @all4nurses_KSA.