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Peter Charalambous

Saudi Arabia & Cyprus New Co-operation

The President of the Republic, Mr. This afternoon, Nikos Christodoulidis received Saudi Arabia's Minister of Investments, Mr. Khalid Al-Falih.

At the meeting, ways to further deepen and expand the bilateral cooperation, which has been continuously strengthened since 2017 and internally.

President Christodoulidis and Saudi Arabia's Minister of Investments further mentioned the importance of signing today of the Memorandum of Cooperation between the Ministry of Investment of Saudi Arabia and the Ministry of Finance of the Republic of Cyprus.

The willingness of the two countries to cooperate, among others, in the fields of Maritime, Tourism, Information and Communications, Economic Services and Energy was also stressed.

In addition, the willingness to proceed with the conclusion of the other pending agreements in sectors such as Tourism and Higher Education was noted, and the mutual desire for the Governments of the two countries to establish a framework of cooperation, so that apart from enhancing bilateral cooperation, its participation is encouraged private sector of Cyprus and Saudi Arabia.

In the context of the discussion, President Christodoulides and Saudi Arabia's Investment Minister expressed satisfaction that direct flights between the two countries are expected to begin next month.

Finally, the President of the Republic invited the Successor to the Throne of Saudi Arabia to visit our country.





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Absolutely fantastic news, so much accomplished in little time.

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