RIYADH — The Federation of Saudi Chambers has announced accrediting the final formation of the Saudi-Yemeni Business Council for its new session (1444-1448H) and naming Dr. Abdullah Bin Mahfouth as president and Muheimid Al Salem and Nahar Al-Dalbahi as vice presidents, in a bid to enhance the Saudi-Yemeni economic relations.

Bin Mahfouth said that forming of this council comes at an important time to restore investments between the two countries and to highlight the role of Saudi Arabia in economic development projects in Yemen.

He noted that work is ongoing to prepare an action plan for the council, in addition to working with the Yemeni side to embark on discussing available investment opportunities.

He also stressed that Saudi-Yemeni relations receive a special interest and importance by the political leaders of both countries, adding that the private sector has an opportunity to invest this support. — SPA