SMB

We believe Azerbaijan’s socio-economic development is closely linked with entrepreneurship and its future development!

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The representatives of KOBİA visited Saudia Arabia 29.04.24

The 4th Council on Cooperation between Azerbaijan and Saudi Arabia was held.

The representatives from the Small and Medium Business Development Agency (KOBİA) visited Er-Riyadh, Kingdom of Saudi Arabia, to explore ways of collaboration and the execution of joint initiatives in the field of trade and investment aimed at fostering the growth of SMBs.

As part of the visit, the 4th meeting of the Azerbaijan-Saudi Arabia Cooperation Council was held.

The meeting convened with notable attendees such as Mr. Elnur Aliyev, the First Deputy Minister of Economy; Mr. Orhan Mammadov, Chairman of the Board of Directors of KOBİA; Ahmed Ali Dahiri, CEO of "Al Rajhi International for Investment"; and Mr. Yusuf Abdullayev, Director General of AZPROMO, the Export and Investment Promotion Agency. Deliberations focused on enhancing cooperation and ties between the two nations in the fields of trade, investment, and exports, including exploring business and investment opportunities in recently liberated territories. The agenda covered discussions on implementing collaborative initiatives and projects involving businessmen, reinforcing the role of the Cooperation Council between Azerbaijan and Saudi Arabia in these domains, and exchanging insights on the pivotal role of SMBs in driving investment.