Tunis, Tunisia — In a significant diplomatic engagement, Tunisian President Kais Saied welcomed Saudi Arabia’s Minister of Investment, Khalid Al-Falih, during a meeting on Saturday. The discussions centered around the robust relationship and deep-rooted cultural ties that link Tunisia and Saudi Arabia, highlighting the potential for enhanced collaboration in various sectors. President Saied commended the historical connections between the two nations and emphasized Tunisia's commitment to creating an inviting investment climate.
“Tunisia is actively working to promulgate new legislation aimed at facilitating investment procedures and paving the way for both Tunisian and foreign investors,” Saied stated, according to a report from Xinhua news agency. The President underscored Tunisia's ambition to foster a healthy and favorable environment for investments, ensuring the protection of rights for both local and foreign stakeholders. He noted that the country is well-positioned to engage in fierce global competition for attracting investments across multiple sectors, including renewable energy, hydrogen production, logistics, real estate development, and tourism. In a press conference following the meeting, Minister Al-Falih expressed his optimism about the investment landscape in Tunisia. He conveyed that Saudi investors are eager to explore opportunities in these promising areas at the opportune moment.
“We are optimistic about the political and economic stability and development that Tunisia has achieved,” he remarked. The meeting between President Saied and Minister Al-Falih marks a pivotal step in enhancing economic ties between Tunisia and Saudi Arabia, as both nations look to capitalize on their strong bilateral relationship for mutual growth and prosperity. As Tunisia works towards attracting more foreign investments, the collaboration with Saudi Arabia could play a crucial role in driving economic development and innovation within the country.
