Advisor at the Iraqi-Saudi Business Council Calls for Enhancing Mutual Investments to Support the National Economy

Mansour Al-Faqeeri, an advisor at the Iraqi-Saudi Business Council, emphasized the strategic importance of attracting Iraqi investors and businessmen to establish investment companies and offices in the Kingdom of Saudi Arabia. He explained that this step would contribute to achieving tangible economic returns that positively reflect on the national economy and benefit the public. Al-Faqeeri pointed out the availability of promising investment opportunities across various sectors within the Kingdom, praising the advanced investment environment and capital-attracting legislation. In a related context, he revealed an initiative presented to diplomatic authorities aimed at coordinating communication between the business communities of both countries and facilitating investment procedures. This came on the sidelines of a meeting with the Consul General of the Republic of Iraq in Jeddah, where they discussed ways to expand areas of economic partnership to serve the mutual interests of both nations.