Sunday, April 28, 2024

Iran, Saudi Arabia discuss expansion of economic ties

TEHRAN - Iran's Consul General in Jeddah Hassan Zarnegar has met with the president of the Chamber of Commerce of Mecca, Saleh Abdullah Kamel, with the two sides calling for increased trade and economic cooperation between Iran and Saudi Arabia.

During the meeting, Zarnegar emphasized the need to leverage the economic and trade capabilities of the two countries, as well as increased interactions between Iranian and Saudi businesspeople.

The two officials also discussed the economic aspects of providing services to pilgrims in the holy city of Mecca.

Kamel expressed hope for the comprehensive development of Iran-Saudi relations, as emphasized by Saudi Crown Prince Mohammed bin Salman and Iranian President Ebrahim Raisi.

The Governor of the Central Bank of Iran (CBI) Mohammadreza Farzin has traveled to Saudi Arabia with the aim of developing monetary and banking relations.

According to the CBI Office of Public Relations, Farzin is also scheduled to attend a ceremony that is due to be held on the 50th anniversary of the establishment of the Islamic Development Bank.

Meeting and talking with heads of central banks of different countries, including Saudi Arabia, in line with the development of monetary and banking relations, is one of the plans of the head of the central bank in Saudi Arabia.

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Photo: Head of the Chamber of Commerce of Mecca Saleh Abdullah Kamel (R) hands over a gift to Iran's Consul General in Jeddah Hassan Zarnegar in Mecca on Saturday.

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