A high-level delegation from the Federation of Saudi Chambers begins an official visit to Mauritania and Morocco. Saudi investors explore investment opportunities during this important visit to strengthen economic ties and build new partnerships. The delegation is led by Federation Chairman Hassan bin Moejeb Al-Huwaizi and includes over 30 prominent Saudi investors alongside representatives from several government agencies.
During their trip, the delegation will meet ministers and senior economic officials in both countries. They aim to sign agreements that encourage trade and investment between the nations.
This initiative directly supports Saudi Vision 2030’s goals to diversify the economy, enhance international cooperation, and attract high-quality investments. Furthermore, it positions Saudi Arabia to expand its global economic footprint significantly.
The agenda includes detailed presentations highlighting investment incentives and opportunities in Mauritania and Morocco. Additionally, the delegation will engage in discussions about the local business climate.
They will also participate in forums designed to connect Saudi investors with Mauritanian and Moroccan counterparts across key sectors. As a result, Saudi investors explore investment opportunities that could lead to fruitful collaborations and sustained economic growth.
Trade between Saudi Arabia and Mauritania currently stands at SAR119 million, with Saudi exports making up 99 percent of this total. Meanwhile, trade with Morocco reaches SAR5 billion, with imports accounting for 13 percent. These figures reveal significant untapped potential. Therefore, Saudi investors explore investment opportunities to expand trade and investment flows.
In recent months, the Federation of Saudi Chambers has conducted official visits to 17 countries. These efforts align perfectly with the Kingdom’s strategic vision to broaden global trade and investment ties.
Overall, the visit to Mauritania and Morocco represents an important step forward in building stronger economic partnerships. Moreover, it opens new horizons for trade, cooperation, and mutual growth across multiple sectors.
