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Al-Obeikan Receives Angola’s Minister of Industry and Trade

Wednesday 04 February 2026

Eng. Abdullah Al-Obeikan, Chairman of the Board, received H.E. Dr. Rui Miguêns de Oliveira, Minister of Industry and Trade of the Republic of Angola, along with Angola’s Ambassador to the Kingdom, Dr. Frederico Cardoso. The meeting discussed ways to enhance cooperation between the business sectors of the two countries.

Both sides expressed their aspiration that the visit would help open new horizons for cooperation and establish effective partnerships that serve mutual interests and support sustainable development in both countries.

It is worth noting that the volume of bilateral trade between the two countries reached approximately SAR 176 million as of November 2025. Angola also recorded positive growth in its foreign direct investment balance with the Kingdom, amounting to SAR 5.6 million by the end of 2024.​