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2 clusters · 5 sources · 3 days · First seen · Last updated

Saudi Arabia-China economic and financial cooperation

Overview

Saudi Arabia and China are working to deepen economic and financial ties through expanded market connectivity and strategic industrial partnerships.

Initial efforts focused on financial integration, with Saudi Tadawul CEO Mohammed Al-Rumaih outlining plans to connect Chinese investors to Saudi equity and debt markets. This includes cross-listings and capital raising to facilitate two-way capital flows, building on previous ETF launches in Shanghai and Shenzhen.

Subsequent discussions at the Select Financial Markets Forum in Shanghai emphasized broader strategic cooperation. Dr. Saad Al-Shahrani, Deputy Minister of Investment, highlighted the goal of building industrial value chains and invited Chinese firms to invest in next-generation industries. These efforts align with Saudi Arabia’s Vision 2030, which has seen significant growth in foreign direct investment and a rise in non-oil local investment.

Entities

China · Saudi Arabia · Saad Al-Shahrani · Mohammed Al-Rumaih · Saudi Tadawul Group

Timeline

  1. 7 days ago

    [BUSINESS] 4 sources
    Saudi Arabia and China strengthen strategic investment and industrial partnerships

    Saudi Arabia's Deputy Minister of Investment, Saad Al-Shahrani, called for deeper industrial partnerships and shared innovation with China during a strategic investment forum in Shanghai.

  2. 9 days ago

    [BUSINESS] 2 sources
    Saudi Arabia seeks to expand financial links with Chinese markets

    Saudi Arabia aims to deepen financial ties with China by expanding connectivity across equity, debt, and cross-listing markets to attract global capital and diversify its economy.

Sources

al-hadath.com · ien.sa · okazalyoum.com · sadanews.ps · swiftnewz.com