A Saudi Arabian delegation arrived in the Maldives today to explore investment opportunities and strengthen economic ties between the two countries.
The delegation, led by Deputy Minister of Investment Sarah Al-Said and including senior government officials and private sector representatives, will engage in discussions on potential partnerships. The visit was coordinated by the Saudi Embassy in the Maldives, which confirmed the delegation’s arrival at Velana International Airport.
In a post on X, Saudi Ambassador Yahya Al-Qahtani said the delegation’s visit aims to “discuss investment partnership opportunities between the Kingdom of Saudi Arabia and the Republic of Maldives, with a focus on enhancing and facilitating mutual investments between the two brotherly countries.”
Diplomatic relations between the Maldives and Saudi Arabia were established on 17 March 1981. Since then, Saudi Arabia has supported the Maldives across multiple sectors. Last year, the two nations signed a memorandum of understanding (MoU) to enhance trade and economic cooperation.
Saudi aid has contributed more than USD 470 million to the Maldives in areas including transport, health, housing and fisheries, with USD 100 million allocated to the development of the new terminal at Velana International Airport. Several Saudi companies have previously expressed interest in investing in the Maldives.
