South Africa-Saudi Arabia Business Council Unveils Progress in Media Briefing

Johannesburg, 22 January 2024 – The South Africa-Saudi Arabia Business Council is set to provide an insightful overview of its latest achievements and future prospects during an upcoming media briefing.

Scheduled for Wednesday 24 January 2023 at the Industrial Development Corporation (IDC) in Sandton, Johannesburg, the briefing will highlight significant advancements since the signing of the Memorandum of Understanding in 2022, aimed at establishing a Joint Business Council between South Africa and Saudi Arabia.

Members of the media are invited to gain exclusive insights into the council’s accomplishments in fostering economic ties between the two nations.

The event will be led by the co-chairpersons of the Business Council, Mr. Stavros Nicolaou representing South Africa and Mr. Naif Al Althel from Saudi Arabia. Both leaders will address the session, shedding light on successful deals, trade achievements, and collaborative initiatives that have shaped the council’s journey.

Among the key topics to be covered are the council’s role in enhancing bilateral trade relations, the implementation of joint initiatives, and the exploration of ongoing prospects for further collaboration.

This media briefing offers a unique opportunity for journalists to gain a comprehensive understanding of the South Africa-Saudi Arabia Business Council’s impact on economic cooperation between the two nations.

Stay tuned for in-depth coverage as the Business Council unveils its latest developments and outlines its strategic vision for the future.