In an interview with “Al Arabiya” on the sidelines of his official visit to the United Kingdom, Saudi Minister of Investments, Khalid Al-Falih, confirmed Saudi Arabia’s intention to double investments. in health care with the UK.
He explained that the most important partnerships between the two countries are in the health sector, noting that Saudi Arabia intends to expand clinical trials of new drugs. in collaboration with Great Britain.
During the interview, Al-Falih stressed the importance of strengthening relations between the two countries in the financial sector, explaining that Riyadh aims to reach neighboring markets to become a global financial center.
He revealed that he held meetings with British banks and government agencies to pass on their financial experience.
Yesterday, the Saudi Minister of Investments concluded his visit to the United Kingdom, during which he had meetings with some officials of the British government, as well as meetings with some leaders of important companies.
The visit of the Saudi investment minister, An extension of a series of official visits by Saudi officials to the UKWhich aims to present the UK side on the economic, legislative and procedural reforms introduced by the Kingdom’s Vision 2030 in the investment environment and its role in attracting more qualitative investments in Various sectors, according to the Saudi news agency.
During the visit, they reviewed the progress witnessed by the business environment in the Kingdom, which has improved the Kingdom’s competitiveness regionally and globally, as well as reviewing the investment opportunities available.
Al-Falih also discussed, with the UK side, a number of initiatives aimed at strengthening the investment partnership, within the strategic partnership council between the two countries, which aims to increase the volume of mutual investments and encourage investment. existing ones that are being worked on, as well as discussing ways to support UK companies wishing to open regional offices in the Kingdom.
The UK side was briefed on the size of the quality investment opportunities currently available in the Kingdom, provided by the Kingdom’s Vision 2030 projects and programs.
The Minister of Investments discussed ways to strengthen cooperation with the UK side in the fields of industry, health, food processing, financial services, education, environmental protection, technology and the development of key components of the supply and value chains for a number of industries.
During the visit, Al-Falih was the British Minister of Investments; Jerry Grimstone, Secretary of State for Business, Energy and Industrial Strategy Kwasai Quarting; and the British Prime Minister’s Special Representative for Education, Steve Smith.
The Saudi minister also held meetings with the heads of a number of major British companies in different investment sectors to discuss their existing investments in the Kingdom and the investment opportunities available to them in the Kingdom.
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