02Jun2003 Al-Jeraisy: Riyadh blasts will not impede Kingdom's economic progress

Berlin, 2nd June 2003

The Chairman of the Council of Saudi Chambers of Commerce and Industry, Abdul-Rahman Al-Jeraisy, said that the recent Riyadh bombings would not hinder the Kingdom’s strong economic progress, reflected by developments in various sectors.

In a statement to the Saudi Press Agency (SPA) here today, Al-Jeraisy affirmed that the Kingdom of Saudi Arabia has one of the strongest and most stable economies in the Middle East region. He said that the principal aim of his current visit to Germany as Head of the Kingdom’s businessmen delegation is to explore Germany’s economic and industrial activities, to enhance Saudi-German trade relations, and to encourage the prospects of joint investment.

“We look forward to boosting investment and joint ventures between the two countries, as we regard Germany as an important trading country for the Kingdom of Saudi Arabia,” Al-Jeraisy noted.

Source: SPA

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