RIYADH: Saudi Minister of Economy and Planning Faisal bin Fadhel Al-Ibrahim met with Secretary-general of the Organization for Economic Co-operation and Development, Mathias Cormann. They discussed ways to enhance cooperation between the Kingdom and the organization. The Kingdom seeks to boost its economic relations with European countries. In February, Al-Ibrahim participated
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
RIYADH: Saudi Arabia is to allocate loans worth $800 million to finance projects in thw world's least developed countries. The announcement was made by Minister of Economy and Planning Faisal bin Fadel Al-Ibrahim during the fifth UN Conference on the Least Developed Countries, which is being hosted in Doha from March 5 to 9.