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Investor Relations
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FinancialNews
06-03-17
Saudi, Malaysia to boost SR50bn worth trade ties
(MENAFN) The Saudi Malaysia Business Council plans to help increase trade between both sides to SR50bn amid the coming five years.
Additionally, the value of trade between both nations is almost SR15bn but the recent level does not meet their ambition.
Moreover, the council also aims to establish a center in Malaysia to accommodate the Kingdom's date exports, which will be the largest in the world of its kind.
The council also intends to grab different Malaysian industries to open factories in the kingdom involving car, airplane and engine manufacturers.
MENAFN0603201700450000ID1095291569
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