The Federation of Saudi Chambers, represented by the Saudi-Canadian Business Council, announced the opening of its first office in Toronto, Canada. This announcement came during a roundtable meeting organized by the council with ministers, officials, and investors from both countries.
The opening of this office marks a significant turning point in representing the interests of the Saudi private sector in Canada and advancing economic cooperation. The office aims to raise awareness of investment opportunities, encourage investments and partnerships between business communities, and remove obstacles faced by investors.
The office will link Saudi and Canadian companies and organizations, facilitate economic events and exhibitions, organize business delegations, and provide necessary services to investors from both sides.
The Toronto office is expected to boost trade between Saudi Arabia and Canada, which reached approximately SAR12 billion in 2023, with expectations of significant growth in the coming years.
Source: spa.gov.sa