Saudi Investors Explore Investment Opportunities in Mauritania and Morocco
A high-level delegation from the Federation of Saudi Chambers is set to begin an official visit to Mauritania and Morocco on Sunday as part of efforts to strengthen economic cooperation and explore new investment opportunities.
Led by Federation Chairman Hassan bin Moejeb Al-Huwaizi, the delegation includes more than 30 prominent Saudi investors, along with representatives from various government agencies. The visit will feature official meetings with ministers and senior economic officials in both countries, aimed at establishing agreements and fostering trade partnerships.
The initiative aligns with the goals of Saudi Vision 2030 to diversify the national economy, enhance international economic partnerships, and attract high-quality investments into Saudi Arabia.
The agenda includes presentations on investment opportunities and incentives in Mauritania and Morocco, discussions on the local business environment, and forums to connect Saudi investors with counterparts from Mauritania and Morocco across key economic sectors.
The Saudi delegation hopes the visit will help open new horizons for trade and investment cooperation. Trade volume between Saudi Arabia and Mauritania reached SAR119 million, with Saudi exports comprising 99 percent of the total. Trade with Morocco stands at SAR5 billion, with imports accounting for 13 percent, reflecting significant untapped investment potential.
The Federation of Saudi Chambers continues to conduct official business visits to 17 countries in recent months, in line with the Kingdom's strategic vision to expand global trade and investment ties.
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