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FINANCIAL NEWS
Saudi Arabia, New Zealand to boost trade ties
30 Apr 2014
(MENAFN) Saudi Arabia and New Zealand are planning to deepen economic cooperation between them as Saudi Arabia will open an embassy in the country and New Zealand will appoint a resident trade commissioner at its embassy in the Kingdom, Arab News reported.
The deputy head of mission at the New Zealand embassy in Riyadh said: “Saudi Arabia has confirmed its intention to open an embassy in New Zealand capital. Whereas our government announced to appoint trade commissioner in Riyadh. This will bolster our ties with greater co-operation between the two countries.”
During a Joint Ministerial Commission (JMC) meeting, both sides expressed their keenness to increase bilateral trade efforts, encourage investments, enhance co-operation in education including exchange of academic staff, extend co-operation in the field of technical and vocational training co-operation.
More News
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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