In this context, the Saudi Minister of Trade and Investment, Majid Al-Qasabi, confirmed in a press conference that the Iraqi side has presented 186 opportunities for Saudi investors to invest in Iraq, and he explained that The visit resulted in a grant of one billion dollars to Iraq, 500 million dollars of which are loans and the other part to support exports.
He noted that the Saudi side, whether SABIC, Aramco, Metals and Cupower, had put forward ideas for some opportunities to invest in them, along with an idea presented by the private sector to establish a free trade area on the border port, and it will be Study its feasibility and its implementation mechanism.
Al-Qasabi indicated that 13 agreements are ready for signature, pointing out that the work at the Arar border crossing, which connects Iraq with Saudi Arabia, will be completed within six months.
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