Investments, bilateral cooperation the focus of PM’s trip to Saudi Arabia, UAE

·

Prime Minister Kyriakos Mitsotakis is scheduled to depart for a trip to Saudi Arabia and the United Arab Emirates on Sunday afternoon, during which his aim is to attract investments and expand economic and regional cooperation.

The Prime Minister will be accompanied by Development and Investments Minister Adonis Georgiadis and Deputy Foreign Minister for Economic Diplomacy and Openness Kostas Fragogiannis.

Government sources said that the visits conclude a round of trips carried out by the prime minister to support investments, which have already brought significant results in terms of the country’s image in international markets and in terms of investment interest.

During his meetings in the two countries, Mitsotakis will state his intention to rapidly eliminate any obstacles in current processes for economic cooperation between Greece and the two countries, allowing this to grow.

In terms of regional cooperation, he is to point out that this helps establish peace and stability at a time when there are constantly challenges in the Mediterranean, the Middle East and the Gulf that require coordination.

Greek companies that are outward-oriented are expected to benefit from closer economic cooperation, through participation in major development and construction projects in both Gulf states.

During his meetings, the prime minister is also expected to discuss geopolitical issues, though it was planned prior to the latest development concerning Turkey and Libya.

Among his planned meetings is that with the Saudi Crown Prince Mohamed bin Salman bin Abdulaziz al Saud in Riyadh on Monday, followed by a meeting that will with Saudi Minister of Commerce and Investments Majid bin Abdullah Al Qasabi, attended by delegations from both countries. The Greek PM will then meeting the governor of the Saudi Public Investment Fund Yasir Othman Al-Rumayyan.

On Monday afternoon, Mitsotakis will attend a dinner given in his honour by Saudi Arabia’s King Salman bin Abdulaziz al Saud, which will be followed by a bilateral meeting in the presence of delegations.

The Greek Prime Minister will depart for Abu Dhabi on Monday night, where he is to meet the head of the Abu Dhabi Investment Authority Sheikh Hamed bin Zayed Al Nahyan, followed by a meeting with the Abu Dhabi Emirate Crown Prince Sheikh Mohammed bin Zayed Al Nahyan.

Sourced via AMNA.

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

Open letter challenges Greek bureaucracy over support for Honorary Consulate in Australia

Greek Australians have penned an open letter calling on the Greek government to provide greater support to Queensland's Honorary Consulate.

Hellenic community steps up for homeless Australians at CEO Sleepout

The Vinnies CEO Sleepout is an annual event where CEOs sleep outdoors to raise funds and awareness for Australians experiencing homelessness.

Archbishop Makarios inaugurates renovated soup kitchen dining hall in Sydney’s Newtown

Archbishop Makarios of Australia inaugurated the newly renovated soup kitchen dining hall at the Parish of Saints Constantine and Helen.

Greek Australians inducted as Life Members of Football South Australia

Football SA announced that the 2025 Life Member inductees were ratified at the recent Annual General Meeting (AGM) held on May 14.

Coalition rift eases as Liberals and Nationals resume negotiations

Just two days after their surprise split, the Liberal and National parties have taken a step toward reconciliation.

You May Also Like

Fifty parties submit requests to run in Greece’s general elections in May

Greece's national Greek elections will run on May 21, 2023, and a new opinion poll reveals what Greek citizens think of their politicians.

Greece celebrates OXI Day with military and student parades

Greece celebrated OXI Day on Monday, October 28 with a number of military and student parades across different cities.

Top Greek Athletes of the Decade

Only 25 years old, the “Greek Freak” has cemented himself as one of the greatest Greek basketball players to grace the game.