Anwar witnesses signing of MOUs between Malaysia-Saudi Arabia companies

JEDDAH, March 24 — Prime Minister Datuk Seri Anwar Ibrahim has witnessed the signing of three Memoranda of Understanding between Malaysia and Saudi Arabia private companies.

The ceremony, which was also witnessed by the Jeddah Chamber of Commerce and Industry chairman Sheikh Mohammed Yousuf Naghi, took place at The Ritz-Carlton Jeddah after the Tarawikh prayer last night. Earlier on, Anwar and his delegation who were on a three-day official visit to Saudi Arabia had engaged with some 20 heads of companies from the kingdom in a roundtable meeting to discuss areas of cooperation and new sectors to be jointly explored.

Meanwhile, Sheikh Mohammed Yousuf described Malaysia as an inspiration for reform, adding that the Saudi business community was encouraged by the political stability in Malaysia and was ready to take their ventures to the next level.

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