Strengthening Economic Relations Between Austria and Saudi Arabia

PeoplePoliticians ♦ Published: June 5, 2024; 22:19 ♦ (Vindobona)

The Saudi Minister of Economy, Faisal Al-Ibrahim, visited Vienna and met with the Austrian Federal Minister of Labor and Economy, Martin Kocher. A Memorandum of Understanding (MoU) was signed as part of the 9th Saudi-Austrian Joint Committee, which aims to strengthen further and diversify economic relations between the two countries.

Minister of Economy Martin Kocher, the Austrian Federal Economic Chamber, and the Austro-Arab Chamber of Commerce received the Saudi Minister of Economy Faisal F. Alibrahim in Vienna. / Picture: © Saudi Arabic and Austrian crossed flags by Vindobona.org

Saudi Minister Al-Ibrahim's visit to Vienna was accompanied by a large delegation of high-ranking Saudi business leaders. The Austro-Arab Chamber of Commerce (AACC) organized several tours and events to showcase Austrian technology, culture, and urban development.

Austrian-Saudi Business Forum

A highlight of the visit was the Austrian-Saudi Business…