Saudi-Qatari Investment, Energy, Infrastructure Committee Holds Second Session

The Saudi-Qatari Investment, Energy, and Infrastructure Committee, derived from the Saudi-Qatari Coordination Council, held its second session in Riyadh today to discuss issues pertaining to enhancing cooperation in various fields between the two countries.
At the outset of the session, co-chaired by Saudi Minister of Investment Khalid Al-Falih and Chief Executive Officer of Qatar Investment Authority Mohammed Saif Al-Sowaidi, the two sides expressed their satisfaction with the positive results, outcomes, and initiatives reached during the meetings of the Investment, Energy, and Infrastructure Committee, including the agreement to sign a number of memoranda of understanding to enhance cooperation between the two countries. They stressed the importance of continuing to support and develop the work of the committee, along with permanent coordination between the two sides, in a manner that contributes to enhancing investment cooperation in various sectors.
They also emphasized the importance of exploring avenues to expand investment partnerships and collaboration in promoting and developing investment, as well as empowering entrepreneurship and technology, through the relevant authorities in both countries. The Saudi-Qatari digital skills initiative was launched, a joint venture between the Saudi and Qatari ministries of communications and information technology. The two sides expressed mutual eagerness to enhance cooperation on issues of common interest in the fields of electricity, renewable energy, energy efficiency, the future of transportation, finalizing discussions on railway connectivity projects, and bolstering cooperation in agriculture and food security.