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Ministry of Commerce (MC) · Press Release

With the Largest Saudi Trade Delegation... London Hosts the Closing Conference of the GREAT FUTURES Initiative

بمشاركة أكبر وفد تجاري سعودي.. لندن تشهد انعقاد المؤتمر الختامي لمبادرة (GREAT FUTURES)

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The closing conference of the "GREAT FUTURES" initiative was held in London alongside the fifth meeting of the Saudi-British Strategic Partnership Council's economic and social track, attended by the largest-ever Saudi trade delegation of 195 business leaders and 33 government officials, plus over 320 British company representatives and about 30 British officials. Minister of Commerce Dr. Majid Al-Qasabi and UK counterpart Jonathan Reynolds announced a new Saudi-British strategic partnership across five priority areas, and Al-Qasabi noted the two countries aim to raise trade to £30 billion by 2030, from over £16 billion last year, with 1,689 British companies operating in the Kingdom (75 having chosen Riyadh as a regional hub). The conference featured 38 agreements and announcements worth over SAR 20 billion and five workshops.

PublishedSeptember 3, 2025
Effective
GazetteNot gazetted
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