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  • 20-02-23

    Algeria eager to grow financial relations with Saudi Arabia

    (MENAFN) Algeria is eager on growing financial relations with Saudi Arabia, Algerian Ambassador to the Kingdom Mohamed Ali Boughazi was recited as stating by Asharq Al-Awsat.

    “For our part, we will strive to do our utmost to raise the relations of cooperation between our two countries to the highest levels,” asserted Boughazi.

    The head diplomat informed the newspaper that the two nations share alike opinions on several political and financial problems, which he stated was evident from the arranging among the two nations in international forums including the Organization of the Petroleum Exporting Countries and OPEC+.

    The envoy also showed his nation’s backing for the nation’s proposal to organize Expo 2030. “The number of agreements signed between the two countries exceeded 30,” Boughazi asserted.

    He mentioned that the deals cover many financial industries and include the establishment of an investment firm and mutual business council.

    “We will seek to raise economic cooperation to the highest levels,” he was recited as asserting.

    “Our priority now is to work on intensifying mutual visits between investors and businessmen from both countries,” he continued.

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