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RIYADH: Saudi Arabia and Thailand signed a free trading agreement on Aug. 29 during the Saudi-Thai Business Forum organized by the Council of Saudi Chambers. Additionally, the two parties signed agreements to facilitate commercial procedures and to establish a Saudi-Thai Business Council, according to the CSC’s tweet. “The governments of Saudi Arabia and Thailand are keen to
KUALA LUMPUR, Aug 29 — Saudi Arabia conglomerate, Ajlan Bros Holding Group is set to invest close to RM34 billion (US$7.5 billion) in nine Malaysian companies, said Prime...
This meeting was held during the visit of the Deputy Prime Minister and Minister of Commerce of the Kingdom of Thailand and a Thai delegation to the Kingdom of Saudi Arabia, which included more than 190 participants, including government officials and businessmen.
While Malaysia has achieved numerous economic milestones with Saudi Arabia, the nation must step up its efforts to build stronger and meaningful bilateral relations with the kingdom, said Senior Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali. He added that local home-grown companies must be well positioned to emulate success stories like Saudi Arabia conglomerate Ajlan & Bros Holding Group in their corporate transformation programmes.
KUALA LUMPUR: Dagang NeXchange Bhd (DNeX) plans to build a new 12-inch wafer fabrication facility in Malaysia in a joint effort with Hon Hai Precision Industry Co Ltd (or Foxconn) remain in progress.