NICOSIA — Cyprus President Nicos Anastasiades received at the Presidential Palace in Nicosia Sunday the Minister of Investment, Eng. Khalid Bin Abdulaziz Al-Falih.

At the outset of the meeting, Eng. Al-Falih conveyed to the president, the government and the people of the Republic of Cyprus the greetings and appreciation of Custodian of the Two Holy Mosques King Salman and Crown Prince and Prime Minister Mohammed Bin Salman.

The meeting reviewed the bilateral relations between the two friendly countries, opportunities for joint cooperation, and ways to develop them in the field of investment.

Saudi-Cyprus roundtable

discuss cooperation

The Saudi-Cyprus roundtable meeting was held on Saturday in Nicosia with the attendance of Minister of Investment Eng. Khalid Bin Abdulaziz Al-Falih and Cypriot Minister of Finance Makis Keravnos.

The meeting, which brought together representatives from government agencies and private sectors of the two countries, discussed aspects of investment partnership in various fields and ways to enhance them, as well as opportunities to increase the investments of Saudi and Cypriot Entrepreneurial Companies in the two countries.

The meeting also reviewed investment opportunities in the Kingdom and Cyprus in energy, transport, telecommunications, information technology, health, among others.

It witnessed signing a framework cooperation program to enhance bilateral cooperation in investment and turn a new chapter of cooperation in the fields of investment, and lay foundations for a greater cooperation, as this program is considered essential for generating mutual investment opportunities between the Kingdom and Cyprus.

It also called for strengthening mechanisms for knowledge-driven exchange, research and technology transfer between the two countries' key sectors.

It is worth mentioning that during his visit to Cyprus, Eng. Al-Falih met with a number of government officials and CEOs of a number of Cypriot companies to promote cooperation and expand prospects of the Saudi-Cypriot investment partnership. — SPA