October 27, 2023
1 min read

Goyal Commends Indian Businesses in Riyadh

Goyal praised the significant contribution of Indian businesses to strengthening the relations between India and Saudi Arabia….reports Asian Lite News

The Future Investment Initiative (FII) Institute’s 7th Edition, themed “The New Compass,” took place in Riyadh, Saudi Arabia. The event has attracted global investors, business leaders, policymakers, inventors, and explorers who gathered to explore new markets and navigate uncharted economic territories.

During the event, Minister of Commerce and Industry, Piyush Goyal, took the opportunity to meet with Indian business leaders based in Saudi Arabia.

Goyal praised the significant contribution of Indian businesses to strengthening the relations between India and Saudi Arabia.

Currently, more than 2800 Indian companies are registered and operating in the Kingdom of Saudi Arabia, reflecting the close economic ties between the two nations.

Earlier on Wednesday, Union Minister Piyush Goyal met his Saudi counterpart Majid bin Abdullah Alkassabi and discussed how the robust India-Saudi trade ties can be further scaled to make global supply chains more resilient.

The Future Investment Initiative (FII) Institute has designed ‘The New Compass’ program as an interactive platform to assist investors in evaluating their company’s pathways and their roles in shaping the global economy.

The program aims to help participants develop new strategies for understanding the significant challenges and opportunities of this evolving era.

The FII, now in its 7th Edition, continues to be a magnet for leading investors and influential figures from the global business landscape.

The event serves as a forum to facilitate discussions on emerging markets and the exploration of new frontiers for economic growth and prosperity.

The 7th Edition of FII in Riyadh presents a unique opportunity for visionaries and leaders to forge alliances and develop innovative approaches to navigate the evolving global business landscape.

The FII 7th Edition in Riyadh is a testament to the ongoing commitment of nations and businesses worldwide to adapt and thrive in a rapidly changing economic environment.

The event took place from October 24 to October 26, fostering collaboration, partnership building, and the exploration of new opportunities in the global economy. (ANI)

ALSO READ: UN Appoints Al Olama to Top AI Advisory Body

Previous Story

UAE President Receives UK Defence Secy

Next Story

Local Innovation Powers India’s Electric Vehicle Transformation

Latest from -Top News

AU Backs New UN Libya Roadmap

The Roadmap seeks to resolve the Libyan crisis through a political process centred on institutional unification…reports Asian Lite News The Chairperson of the African Union Commission (AUC), H.E. Mahmoud Ali Youssouf, has

Sudan Feels Impact of GERD

The GERD project remains a point of contention among Nile Basin countries….reports Asian Lite News Water levels in Sudan’s Blue Nile have fallen to record lows following Ethiopia’s announcement that it has

UNESCO sounds alarm on teacher gap

Amina Mohammed proposed a five-point plan to strengthen the profession through greater investment, gender equality, support for digital learning…reports Asian Lite News At the UNESCO World Summit on Teachers in Santiago, Chile,

Modi Ends China Trip, US Hails India Ties

US termed India-US ties as a “defining relationship of the 21st century”, stating that partnership between both countries continues to reach new heights….reports Asian Lite News Shortly after videos and images of
Go toTop

Don't Miss

Tensions Rise as Shehbaz Promises Payback

Addressing the nation following India’s unprecedented action against terrorism, Sharif

India approves J&J single-dose jab for emergency use

It will be brought to India through a supply agreement