The Saudi-Austrian Investment Roundtable was held in Riyadh today, chaired by Investment Minister Khalid al-Falih and European and International Affairs Minister Beate Meinl Reisinger, and attended by more than 22 Saudi officials from government and private sector representatives, including the Saudi Federation of Chambers of Commerce and Industry, the Public Investment Fund, and the Saudi Export-Import Bank. A delegation from the Austrian side included 13 leading companies specializing in seven important sectors, including the real estate sector. IoT solutions for construction, healthcare, renewable and green energy technologies, and environmental monitoring.
Organized by the Riyadh Ministry of Investment, the conference aims to develop economic ties between Riyadh and Vienna, build sustainable investment bridges, and consider the most important developments in the Saudi investment scene, in line with the growth and diversity of investment opportunities offered by the Saudi business environment. Bilateral sessions were held during the roundtable work. It aims to stimulate and discuss strategic partnerships in areas of common interest between leading Austrian companies and key Saudi public and private companies.
It is noteworthy that Saudi-Austrian economic relations have been characterized by continuous growth for more than 60 years, with total bilateral trade between Saudi Arabia and Austria amounting to approximately SAR 5.3 billion in 2024, covering many important economic sectors.
The Saudi-Austrian Roundtable on Investment was held in Riyadh today, chaired by Minister of Investment and Technology Khalid al-Falih and Austrian Minister of European and International Affairs Beate Meinl Reisinger. More than 22 Saudi government officials from the public and private sectors participated, including representatives from the Saudi Chamber of Commerce and Industry, the Public Investment Fund, and the Saudi Export-Import Bank. The Austrian side was represented by a delegation of 13 companies from leading companies specializing in seven key sectors, including real estate and construction, healthcare, renewable and green energy technologies, and IoT solutions for environmental monitoring.
The conference, organized by the Riyadh Ministry of Investment, aims to strengthen economic ties between Riyadh and Vienna, build sustainable investment bridges, and consider the most important developments in the Saudi investment environment, in line with the growing and diverse investment opportunities offered by the Saudi business environment. At the roundtable, bilateral sessions were held to stimulate and discuss strategic partnerships in areas of mutual interest between leading Austrian companies and key companies from the Saudi public and private sectors.
It is noteworthy that Saudi-Austrian economic relations have been characterized by continuous growth for more than 60 years, with total bilateral trade between Saudi Arabia and Austria reaching approximately SAR 5.3 billion in 2024, covering many important economic sectors.
