Ramaphosa is expected to sell the country as an investment destination during his visit to SaudiArabia ✈️
, held from 3-4 October, launched the South Africa-Saudi Arabia Joint Business Council.
The Joint Business Council brings together leading business people from both countries to deepen economic ties, as Saudi Arabia is the largest source of imports from the Middle East region. Total bilateral trade between South Africa and Saudi Arabia amounted to R66 billion in 2021, the Presidency said.President Ramaphosa will also participate in high-level business engagements with leading businesspersons, institutional and private investors.
He will also deliver the closing remarks at the Saudi Arabia – South Africa Investment Forum, and participate in the Saudi Arabia – South Africa Investment Roundtable. Magwenya added that the high-level engagements will also afford the two leaders an opportunity to discuss bilateral, continental and global issues, and to reaffirm their commitment to further cooperate closely on multilateral issues.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
King Salman invites Ramaphosa for state visit to Saudi Arabia | The CitizenPresident Cyril Ramaphosa will be departing for a state visit to the Kingdom of Saudi Arabia on Friday at the invitation of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al-Saud. 🤝 saudiarabia
Read more »
Business Maverick: Saudi Feud Leaves the US Asking If Relations Are Beyond RepairAn escalating public dispute over oil between the Biden administration and Saudi Arabia risks causing irreparable harm to US relations with the crucial Mideast partner, according to current and former government officials briefed on the feud.
Read more »
President Ramaphosa arrives in Saudi Arabia on state visit - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.President Cyril Ramaphosa has arrived in Jeddah, the Kingdom of Saudi Arabia for a State Visit to take place from Saturday until Sunday.
Read more »
Newcastle can be global giants like Man Utd, says HoweEddie Howe says Newcastle can in future match Manchester United as a global force in football as they continue their dramatic rebuild under their wealthy Saudi-backed owners.
Read more »
President Ramaphosa arrives in Saudi Arabia on state visit - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.President Cyril Ramaphosa has arrived in Jeddah, the Kingdom of Saudi Arabia for a State Visit to take place from Saturday until Sunday.
Read more »
King Salman invites Ramaphosa for state visit to Saudi Arabia | The CitizenPresident Cyril Ramaphosa will be departing for a state visit to the Kingdom of Saudi Arabia on Friday at the invitation of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al-Saud. 🤝 saudiarabia
Read more »