Investments and resources - what Kazakhstan and Saudi Arabia agreed on

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Arman Korzhumbayev Editor-in-Chief
Photo by: Gov

Kazakhstan’s Ambassador to Saudi Arabia, Madiyar Menilbekov, held a meeting with the Kingdom’s Minister of Industry and Mineral Resources, Bandar Al-Khorayef, DKNews.kz reports.

The talks were conducted in a constructive, businesslike atmosphere.

Main focus - industry and mining

The parties discussed in detail:

  • expanding cooperation in industrial development
  • prospects for the mining and metallurgical sector
  • sharing experience and expertise
  • launching joint projects

They noted that the potential for partnership growth is significantly higher than the current level.

Mutual interest and concrete steps

It was emphasized that both sides:

  • are interested in deepening economic ties
  • are ready to work together in priority sectors

Following the meeting, the parties agreed to intensify dialogue and outlined specific directions for future cooperation.

Why it matters

For Kazakhstan and Saudi Arabia, this means:

  • new investments
  • access to advanced technologies
  • development of extraction and processing industries

Which also means - new opportunities for businesses and future joint projects.

DKNews International News Agency is registered with the Ministry of Culture and Information of the Republic of Kazakhstan. Registration certificate No. 10484-AA issued on January 20, 2010.

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