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Investment Minister Talks with Ozturk on Tourism Collaboration
Saudi Minister of Investment Fahad Al-Suwaif discussed with Ali Shukri Ozturk, head of the Turkish Ozturk Group, ways to strengthen investment cooperation in the fields of tourism and hospitality, with a focus on the opportunities provided by the Saudi investment environment and the competitive advantages it offers for niche investments. Additionally, in August 2026, the Makkah Mutual Defense Agreement was signed between Saudi Arabia, Turkey, and Pakistan to enhance military cooperation and reinforce collective deterrence. Last May, Saudi Arabia and Turkey also explored expanding their partnership in urban development, housing, and smart cities.
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