The Tripoli based Libyan government reported yesterday that its official visiting delegation to Saudi Arabia held a further series of meetings with several Saudi economic and investment entities to strengthen strategic partnerships and expand economic cooperation between the two countries.
The meetings included a meeting with the General Secretariat of the Board of Directors of the Saudi Public Investment Fund (PIF), where potential partnership opportunities were discussed, particularly given the pivotal role of the Libyan Investment Authority, and the possibility of launching joint strategic projects.
The delegation also met with the Saudi Ministry of Investment, where they discussed ways to support joint investments, facilitate the entry of Saudi companies into the Libyan market, and reviewed promising projects in several economic sectors.
The delegation also met with the Saudi Ministry of Economy and Planning, where they discussed ways to align economic visions, exchange expertise in planning and development, and benefit from the Saudi experience in economic transformation.
The delegation included the Acting Minister of Oil and Gas, Khalifa Abdel-Sadig, the Undersecretary of the Ministry of Economy and Trade, Suhail Abu-Shiha, the Head of the Executive Team for the Prime Minister’s Initiatives and Strategic Projects, Mustafa Al-Manea, the Chairman of the Libyan Investment Authority (LIA), Ali Mahmoud, the Director General of the Economic and Social Development Fund (ESDF), Yass Al-Abyad, the Chairman of the Renewable Energy Holding Company, Asil Artima, the Chairman of Greenstream Company, Bashir Al-Ashhab, and several specialists, in the presence of the Chargé d’affaires of the Libyan Embassy in Saudi Arabia, Fatih Bashina.
