Iraqi Advisor Highlights the Importance of Boosting Investments in Saudi Arabia to Support the National Economy

Mansour Al-Faqiri, Advisor and member of the Iraqi-Saudi Business Council, emphasized the importance of encouraging Iraqi businessmen and investors to establish investment offices and companies in the Kingdom of Saudi Arabia. He noted that this would generate economic returns that benefit both the Iraqi economy and its people. Al-Faqiri highlighted that Saudi Arabia offers promising investment opportunities within a capital-friendly environment, reaffirming the continuous development of bilateral relations. He also revealed an initiative presented to the Iraqi Consulate to coordinate communication between investors from both countries. In a related context, the Consul General of Iraq in Jeddah, Ambassador Mawloud Ahmed Al-Mashhadani, met with Advisor Al-Faqiri to discuss prospects for partnership and expanding economic and commercial cooperation.