Senior minister for economy Azmin Ali will meet senior ministers in both countries to boost investments.
The mission is aimed at keeping the momentum of economic relations between Malaysia and both countries, following the official visit of Prime Minister Muhyiddin Yassin to Saudi Arabia and the UAE in March, Miti said in a statement today. In the UAE, Azmin will be meeting economy minister Abdulla Touq Al Marri; and minister of state for foreign trade Thani Ahmed Al Zeyoudi.The meetings will discuss key bilateral issues and collaboration in areas of mutual interest, including bilateral and regional economic cooperation, finance and post-pandemic economic recovery measures.
Besides the official meetings, the senior minister will also be conducting one-to-one business meetings with prominent Saudi and Emirati companies, as well as potential investors, to further explore new business opportunities and collaboration in the oil and gas, healthcare, and retail industries. In 2020, the kingdom was Malaysia’s second largest trading partner and largest source of imports in the West Asia region.
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