Politics & News

Saudi Arabia, Mauritius Sign MoU on Direct Investment

Saudi Arabia and Mauritius signed a memorandum of understanding (MoU) in the field of encouraging direct investment on the sidelines of the Saudi-Mauritian Round Table, reported Ajel.SA.

The MoU aimed to enhance cooperation and stimulate the establishment of new partnerships between the governmental and private sectors in the two countries.

The Ministry of Investment organized the Saudi-Mauritian Round Table headed by the Assistant Minister of Investment, Ibrahim Almubarak.

A number of representatives of government agencies and the Ambassador of the Republic of Mauritius to Saudi Arabia Shaukat Soudhan participated in the meeting.

They discussed investment partnerships between the two countries.

This step is within the framework of the two countries’ efforts to strengthen bilateral relations and enhance cooperation in the economic and investment fields. The two parties aim to achieve sustainable development and enhance prosperity for citizens in both countries.

The Saudi Fund for Development established a cancer hospital project in Mauritius three weeks ago with an area of ​​21 thousand square meters, according to Saudi Press Agency.

The hospital, with 220 beds, covers around 21,000 square meters. It aims to improve the health system, offer top-notch care, prevent chronic diseases, enhance services, develop capabilities, and support cancer patients, ensuring easy access to treatment and positive outcomes for beneficiaries.

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