Somalia, Saudi Strengthen Economic Ties

Published: 30 Sep, 2025 07:58 Sources: S1 S2 S3 Category: Business Language: English Country: Somalia

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Finance Minister Bihi Iman Egeh met Saudi Vice Minister of Finance Abdulmuhsen Bin Sa’ad Alkhalaf in Riyadh to strengthen economic ties. They discussed joint investments in infrastructure, energy, and agriculture, highlighting fiscal reforms to attract foreign capital. Both sides pledged to convert political goodwill into financial partnerships to boost trade, create jobs, and improve food security. Follow-up technical talks will shape financing frameworks and implementation plans.