Al-Meleihi, chairman of the Saudi-Singapore Business Council (SSBC) told Arab News that "Singapore is an attractive area for Saudi investors.
It’s also rising as the largest center for asset management, whose size is estimated to be $1.29 trillion this year,” The SSBC comprises 18 Saudi investors and 12 Singaporean counterparts.
He added that joint ventures with special facilities could be set up both in Saudi Arabia and Singapore with the support of the SSBC under the agreement.
“The prospects are indeed bright not only for Saudi investors but also for their Singaporeans well,” adding that both countries have strong economies.
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