In a significant step toward deepening economic and strategic relations, Somaliland’s Minister of Investment and Industry Development, Hon. Said Mohamed Burale, held high-level talks with Dr. Ibrahim Dhahi Adaahi, President of the International Center for Investment and Strategic Agreements of the Kingdom of Saudi Arabia, during the latter’s official visit to the country.
The meeting, described by officials as highly productive, focused on expanding investment opportunities in Somaliland, enhancing bilateral investment cooperation between Somaliland and Saudi Arabia, and identifying strategic projects where the two nations can collaborate effectively.
Minister Burale was joined by Deputy Minister Eng. Mohamed Elmi Huuno, the Director General of the Ministry, senior departmental directors, and the Legal Advisor to the President of Somaliland.
Speaking after the discussions, Dr. Ibrahim Dhahi Adaahi revealed that his center has been actively studying Somaliland’s investment landscape with the aim of facilitating modern, large-scale Saudi investments in key sectors.“
We have been closely examining the abundant opportunities that exist in Somaliland. Our goal is to channel contemporary and sustainable investments that will benefit both our nations,” Dr. Adaahi stated.
The visit concluded on a warm note with an honorary dinner hosted by the Chairman of the opposition Waddani Party, Hon. Hirsi Ali Haji Hassan. The event underscored the cross-party support in Somaliland for stronger ties with the Kingdom of Saudi Arabia and highlighted national unity in pursuing foreign investment and development partnerships.
Dr. Adaahi was accompanied throughout his visit by Prof. Faisal Mohamed Ali, Senior Advisor for Strategic Relations in the Middle East and Horn of Africa at the Saudi-based International Center for Investment and Strategic Agreements.
Officials from both sides expressed optimism that the talks will soon translate into concrete investment agreements and joint strategic initiatives, further solidifying the growing partnership between Somaliland and the Kingdom of Saudi Arabia.