10,656.96 TRY BIST 100 BIST 100
41.76 TRY Interest Interest
83.19 USD Fossil Oil Fossil Oil
31.59 USD Silver Silver
4.83 USD Copper Copper
121.33 USD Iron Ore Iron Ore
382.00 USD Ship Dismantling Ship Dismantling
2,432.61 TRY Gold (gr) Gold (gr)

Saudi Arabia strengthens cooperation with Turkey

Saudi Arabia and Turkey are engaged in discussions aimed at boosting their trade relations and non-oil exports.

Saudi Arabia strengthens cooperation with Turkey

Saudi Minister of Industry and Mineral Resources, Bandar bin Ibrahim Al-Khorayef, has successfully concluded his official visit to the Turkey. The primary objectives of this visit were to strengthen cooperation between the two countries in the industrial and mining sectors, foster growth in trade, and promote non-oil exports. Additionally, discussions were held to explore and attract high-quality investment opportunities within the industrial and mining sectors.

While on his visit, Al-Khorayef took part in a event hosted by the Turkish DEIK Foundation in Istanbul, as well as another in the capital city, Ankara, at the Federation of Turkish Chambers and Stock Exchanges. These events brought together investors to engage in discussions regarding promising investment prospects within the industrial and mining sectors. They also highlighted the numerous advantages and capabilities that the Kingdom of Saudi Arabia offers to potential investors. The Minister of Industry and Mineral Resources visited Turkish companies to explore automation and fourth industrial revolution technologies.

During the same visit, the minister signed a preliminary memorandum of understanding with Turkey's Ministry of Energy and Natural Resources, emphasizing cooperation in the mining sector. He also observed the signing of another agreement between the National Center for Industrial Development and Turkey's Shulen Company, aimed at enhancing collaboration in industry, technology, and innovation. Furthermore, the minister attended the signing of a memorandum of understanding between the National Center for Industrial Development and the Turkish company Robo Turkiye in Istanbul, focusing on cooperation in the field of artificial intelligence.


No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Rebar and wire rod prices increased in Poland

Tuesday, May 28, 2024

DISCO, commissioned limestone production unit

Tuesday, May 28, 2024

Stagnation in the rebar market and squeezed margins

Tuesday, May 28, 2024

“World Steel Recycling in Figures”

Tuesday, May 28, 2024

BIR World Recycling Conference is in full speed!

Tuesday, May 28, 2024
Follow List
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.

There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now