Hong Kong team expores opportunities in Saudi Arabia

Hong Kong team expores opportunities in Saudi Arabia

Saudi Arabia - A delegation of business leaders from the Hong Kong Special Administrative Region (HKSAR), led by the city's Chief Executive John Lee and principal government officials, has arrived in Riyadh to explore collaboration opportunities with the business community of Saudi Arabia.

Several Memoranda of Understanding (MoU) were signed at the Investment Forum yesterday. These include Hong Kong Exchanges and Clearing Limited (HKEX) and Saudi Tadawul Group Holding Company.

The delegation paid a visit to The Line Experience exhibition to learn about the innovative urban designs of the futuristic city NEOM.

Over the past two days, the delegation discussed with Saudi government and industry leaders how Hong Kong can facilitate the Kingdom's strategic development via its role as a global financial hub and China's international gateway.

The 30-strong delegation includes senior executives from Hong Kong's financial institutions and regulator as well as major players in innovation and technology (I&T), sustainability and smart city solutions. Riyadh is the first of three stops on this week-long mission to the Middle East, organised by the Hong Kong Trade Development Council.

At a press conference followed by an Investment Forum and dinner officiated by the Saudi Minister of Investment Khalid Al-Falih and attended by about 300 Saudi guests