Ramaphosa hopes Saudi Arabia state visit will encourage investment, strengthen economic ties

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Business News News

SA seeks closer economic co-operation in identified priority sectors, notably agriculture, defence, energy, and transport

President Cyril Ramaphosa arrived in Saudi Arabia on Friday through the King Abdulaziz International Airport royal terminal. He was welcomed by Prince Khaled bin Faisal Al Saudi, the governor of Mekkah.When President Cyril Ramaphosa meets with Saudi Arabia’s King Salman bin Abdulaziz Al-Saud and Prime Minister Mohammed bin Salman Al Saud on Saturday, he will attempt to persuade them to invest in South Africa.

She was speaking to the media shortly after arriving in Jeddah where Ramaphosa is on a two-day state visit at the invitation of the custodian of the two holy mosques and the king. Pandor said bilateral trade between the two countries amounted to R66bn in 2021 and Ramaphosa’s plan is to increase foreign direct investment in SA.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

He is looking for donations for ANC conference

What has South Africa got to offer over other countries who also come with begging bowls. - A better educated working class to fuel their business investment - A safer environment to conduct their business investment - World class electrical and water infrastructure and rates?

Look at Cyril doing the dick sucking on our behalf 🤗...ncaaw his so sweet..spicy I mean.

Yip hat in hand again

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Quantum Foods warns of a big drop in headline earningsThe chicken and egg producer expects its headline earnings to drop close to two-thirds 🔒
Source: BDliveSA - 🏆 12. / 63 Read more »

Global stocks lift after overnight rally in US sharesUS stocks surged to close more than 2% higher, as investors covering short bets drove a rebound from an earlier sell-off
Source: BDliveSA - 🏆 12. / 63 Read more »