FINANCIAL NEWS

Saudi Arabia, Philippines discuss investment, trade chances

22 Nov 2016

(MENAFN) Investors from Philippines showed their products involving fresh fruits, dried fruits, fresh juices, dry fish, dressings, biscuits and other to the Jeddah Chamber of Commerce.

Accordingly, Philippine is keen to develop and enhance their economic and commercial relations with Saudi Arabia, while there are 700.000 Philippine workers in KSA.

Additionally, both sides share a strong trade and economic ties and the mutual business exchange reached SR14bn in 2015, while KSA tops the trade exchange with Philippines.

Meanwhile, there are many sectors that the two countries can co-op, top of which if the food security sector.

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