The President meets with CEO of Saudi Fund for Development

President His Excellency Dr Mohamed Muizzu had a meeting with His Excellency Sultan Abdulrahman Al-Marshad, CEO of the Saudi Fund for Development. The meeting took place on the sidelines of the Joint Arab-Islamic Extraordinary Summit in Riyadh today.

The discussions centered on expanding the scope of collaboration and fostering new avenues for partnerships between the Maldives and the Fund.

Their Excellencies reviewed the progress of ongoing key projects in the Maldives supported by the Saudi Fund for Development, including the expansion of Velana International Airport, other infrastructure and fisheries sector projects . Both leaders reaffirmed their commitment to ensuring the timely completion of these projects, underscoring their mutual dedication to driving impactful development outcomes.

The meeting concluded with a commitment to bolster cooperation further, reinforcing the strong ties between the Maldives and the Saudi Fund for Development as they work towards shared economic and developmental goals.