Saudi Arabia, Albania ink deals on taxation, tourism

Saudi Arabia, Albania ink deals on taxation, tourism
King Salman receives Albanian Prime Minister Edi Rama in Riyadh on Wednesday. (SPA)
Updated 07 February 2019

Saudi Arabia, Albania ink deals on taxation, tourism

Saudi Arabia, Albania ink deals on taxation, tourism
  • An agreement to avoid double taxation and prevent evasion of income tax was signed

RIYADH: King Salman received Albanian Prime Minister Edi Rama at his palace in Riyadh on Wednesday.

The monarch welcomed Rama and his accompanying delegation to the Kingdom, while the prime minister expressed his happiness to visit Saudi Arabia. 

During the meeting, they discussed ways to enhance cooperation in various fields, and reviewed the latest regional developments.

The king and Rama attended the signing ceremony of two agreements and a memorandum of understanding (MoU) between Saudi Arabia and Albania.

An MoU on tourism cooperation was signed by the chairman of the Saudi Commission for Tourism and National Heritage (SCTH), Ahmed Al-Khateeb, and Albania’s ambassador to the Kingdom, Sami Shiba.

An agreement to avoid double taxation and prevent evasion of income tax was signed by Saudi Finance Minister Mohammed Al-Jadaan and Albanian Minister of Economy and Finance Anila Denaj.

An agreement on cooperation in air services was signed by Saudi Transport Minister Nabeel Al-Amoudi and Shiba.

The signing ceremony was attended by Al-Jadaan, Riyadh Gov. Prince Faisal bin Bandar, State Minister Prince Mansour bin Miteb, Interior Minister Prince Abdul Aziz bin Saud bin Naif, Foreign Minister Dr. Ibrahim Al-Assaf, Ambassador to Albania Abdulmomin Mohammed Sharaf and numerous other officials.

Al-Khateeb met with Rama earlier, and they reviewed investment opportunities in both countries and cooperation in the international development sector.

Albania is a safe country for tourists. The people are very open toward foreign visitors. Hospitality is an old Albanian tradition and foreigners are always treated with special respect.