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Saudi Arabia, UAE consider joint investments

Saudi Arabia, UAE consider joint investments
The two GCC neighbors discussed means to enhance bilateral trade and businesses

Abu Dhabi – Mubasher: Saudi Arabia and the UAE have considered investment opportunities and economic ties during a bilateral meeting held on the sidelines of the second Saudi-UAE Business Forum in Riyadh.

The two GCC neighbors discussed means to enhance bilateral trade and businesses, the UAE's state news agency WAM reported.

The UAE and the oil-rich kingdom, which have the biggest Middle Eastern economies, mulled a raft of cooperation field, including tourism, infrastructure, transport, shipping, and logistics sectors.

Both countries shed light on the importance of the private sector and its role in stepping up economic relations.

The two GCC nations also tackled the most important recommendations from the business forum and means of coordination to organise joint foreign trade and economic delegations from the two countries.