Saudi health insurance set to cover 90% of population this year, says industry regulator 

Saudi health insurance set to cover 90% of population this year, says industry regulator 

SAO PAULO: Green energy and food security are two of the main sectors in which Saudi Arabia is interested in investing in Brazil, the Kingdom’s investment minister said on Monday.

Khalid Al-Falih, who was speaking at the Brazil-Saudi Arabia Investment Forum at the Federation of Industries of the State of Sao Paulo, also cited the financial, automotive, agricultural, transport and logistics, infrastructure, ecotourism and entertainment sectors as other areas of interest.

“With the evolution of the Global South coupled with shared values between Brazil and Saudi Arabia, aligned strategic interests and strong private sectors, which we have so much respect for, why couldn’t we become a top-five investor in each other’s economy?” he said.

“I believe that we can and should, and that it’s possible. This is the objective of each member of our delegation, both the public and private sectors.

“This was the guidance we received from our leadership with this historic mission that we’re carrying out.”

The Saudi delegation, comprising around 100 people, will visit six other Latin American countries until Aug. 9: Argentina, Uruguay, Paraguay, Chile, Costa Rica and Panama.

Al-Falih said Brazil and Saudi Arabia have many commonalities despite geographic distance.

“We’re two proud G20 members and major energy producers. We’re well positioned