Development plans of neighboring countries - 2

Are Saudi Arabia’s plans for a non-oil future too grand?

When the plans were announced, many onlookers marveled at their scale and grandeur. Saudi Arabia’s Vision 2030 — the country’s plan to diversify away from its dependence on oil revenue — included everything from a ski slope in the desert, to a whole city just for sports and entertainment, to a car-less, carbon-neutral mega-city, Neom, in the middle of the desert.

Saudi ambassador visits Iran Chamber of Commerce

Saudi Arabia’s Ambassador to Iran Abdullah bin Saud Al-Anzi visits Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) where he meets ICCIMA President Samad Hassanzadeh on February 5, 2024.

Saudi ambassador highlights private sector role in bilateral trade with Iran

Saudi Ambassador to Tehran Abdullah bin Saud Al-Anzi says that enhancement of brotherly ties between Iran and Saudi Arabia rests upon the partnership of the private sectors of both countries.

Iran, Saudi Arabia to launch direct shipping line

Iran and Saudi Arabia plan to set up a direct shipping line between Kangan, in southern Iranian province of Bushehr, and the Saudi eastern province of Dammam, in a bid to boost trade between the two countries.

Iran to launch joint investment funds with Russia, Oman, Saudi Arabia

A member of the Board of Executive Directors of the National Development Fund of Iran (NDFI) said the country has plans to set up joint investment funds with the Russian Federation, Oman and Saudi Arabia.

Iran, Saudi bankers discuss enhanced monetary cooperation

Bank officials from Iran and Saudi Arabia started negotiations to expand monetary, banking and foreign exchange relations between the two countries after a 7-year hiatus.

Saudi ambassador visits Iran Chamber of Commerce

Saudi Arabia’s Ambassador to Iran Abdullah bin Saud Al-Anzi visits Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) where he meets ICCIMA President Hossein Selahvarzi on October 25, 2023.

Saudi Arabia aims to form supreme council for business with Iran: Ambassador

Saudi Arabia’s newly appointed ambassador to Iran Abdullah bin Saud Al-Anzi says the embassy tries to form a supreme council of Iranian and Saudi businesspeople.

Iran Chamber of Commerce forms working group for enhancement of trade with Saudi Arabia

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Hossein Selahvarzi says the ICCIMA has formed a working group to explore ways to give a boost to trade between Iran and Saudi Arabia.

Russian cargo in Iranian port for transshipment to Saudi Arabia

A Russian cargo train has reportedly arrived in the port city of Bandar Abbas in southern Iran where the cargo is to be transshipped aboard ships to continue its journey to Saudi Arabia.