Saudi Business Delegation Meets President to Strengthen Economic Ties

The Saudi Arabian Business Delegation, led by Her Excellency Sara Al Sayed, Deputy Minister for International Relations at the Ministry of Investment of the Kingdom of Saudi Arabia, paid a courtesy call on President Dr Mohamed Muizzu on Wednesday morning at the President’s Office.

The visit follows President Muizzu’s earlier audience with His Royal Highness Prince Mohammed bin Salman, Crown Prince and Prime Minister of Saudi Arabia, during his Hajj pilgrimage. Discussions at that time focused on expanding investment cooperation between the Maldives and Saudi Arabia, the President’s Office said. The delegation’s presence in Malé marks a significant step in strengthening economic ties and exploring new avenues of partnership between the two nations.

According to the President’s Office, during the call, both sides discussed deepening collaboration across key sectors, including investment, private-sector development, economic growth, agriculture, fisheries, artificial intelligence, information technology, and tourism.

President Muizzu expressed appreciation for Saudi Arabia’s longstanding support, noting its contribution to the Maldives’ socioeconomic development and the completion of Velana International Airport (VIA). He also welcomed the delegation’s visit as a reflection of the strong bilateral relationship.

The Saudi delegation thanked the President and the Maldivian government for the warm reception and hospitality. Both parties reaffirmed their commitment to further enhancing the close and brotherly relations between the Maldives and Saudi Arabia. Cabinet Ministers and senior officials from the President’s Office attended the meeting.