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Oskar Wustinger, the Austrian Ambassador to Riyadh, has highlighted a robust shared aspiration between Austria and Saudi Arabia that is currently driving private sector companies in both nations to actively bolster bilateral investments across a range of vital sectors. These sectors encompass infrastructure, transportation, mining, tourism, entertainment, green technology, and renewable energy. This comes at a time Vienna is looking forward to hosting the upcoming Saudi-Austrian Joint Economic Committee meetings in May 2024.
RIYADH: Saudi Minister of Commerce Majid Al-Qassabi met Austria’s Minister of Labor and Economy Martin Kocher on Thursday to discuss the development of economic relations and trade. Riyadh and Vienna are focusing on boosting their ties in all sectors. Last year, Margarete Shrambock, Austria’s then-minister for digital and economic affairs, assured complete support for the