Saudi business tycoon eyeing investment in Somaliland

Horndiplomat-Officials from Saudi chamber of commerce had a meeting with Somaliland delegation led by the vice president Abdirahman Abdilahi Ismail “Saili” at Jeddah.

The two sides focusing on the meeting to strengthen the relationship between Saudi Arabia Somaliland and to create a new environment of business cooperation and enhance trade, investment opportunities between the two countries.

Saudi officials said that they are interested to invest Somaliland. VP highlighted the investment opportunities in Somaliland.

The Vice President of Somaliland invited the Jeddah Chamber of Commerce and Saudi business tycoon to an official to Somaliland that to assess trade and other available Opportunities in Somaliland.

The Vice president accompanied by Opposition leader Eng Faisal Ali Hussein, Minister for Religious Affairs Sheikh Khalil Abdilahi Ahmed, Deputy Minister of Information Mohamed Muse Abees and Ex-Minister of Interior Mohamed Nuur Arale “Duur”.

On August 28,His Highness King Salman Bin Abdalla of Saudi Arabia held an official reception for heads of governments, ministers and other high-level delegates leading their respective pilgrims to the Hajj at Mecca this year.

The King courteously and warmly the Muslim leaders at his palace, according each one a warm word of welcome individually.

Among the delegates so highly received was His Excellency the Vice President of the Republic of Somaliland, Abdirahman Abdullahi Ismail “Zeili’i”.

Meanwhile, On June 2017, The Government of Somaliland supports Coalitions led by Saudi Arabia and the United Arab Emirates, that formally say they are severing diplomatic relations with Qatar.

The government of Somaliland released a press statement that stated Somaliland stand with Saudi- led a coalition that against Qatar and also Somaliland not allows the airlines without permission to their Airspace.

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Somaliland declared its independence nearly three decades ago from Somalia, but despite having its own currency, parliament, military and legal system The territory has been experiencing stability and economic prosperity and has been influential in the fight against piracy and terrorism in the Horn of Africa.

By: Khalid Mustafa, Horndiplomat’s Correspondent in Saudi Arabia 

SOURCE: HORNDIPLOMAT