Kazakhstan, Saudi Arabia Boost Economic Ties with New Investment Plans

Kazakhstan and Saudi Arabia are working to strengthen their bilateral economic ties, with a focus on encouraging Saudi investment in Kazakhstan and organizing reciprocal business delegations.

Kazakhstan’s Ambassador to Saudi Arabia, Madiyar Menilbekov, recently met with Hassan Alhwaizy, Chairman of the Federation of Saudi Chambers, to discuss ways to enhance trade and investment cooperation, The Caspian Post reports via Kazakh media.

Menilbekov highlighted the vital role of the Kazakhstan-Saudi Business Council as a platform to systematically develop economic relations between the two countries.

Hassan Alhwaizy recognized the promising potential for expanding partnership and reaffirmed his commitment to fostering mutually beneficial collaboration.

The two parties agreed to organize a business mission of Saudi companies to Kazakhstan at the end of September 2025, aimed at exploring investment opportunities and initiating negotiations with Kazakh partners.