Arab Press

بالشعب و للشعب
Wednesday, Oct 01, 2025

Third SSJC concludes with renewed focus on economic cooperation and knowledge transfers

The third Saudi-Spanish Joint Committee (SSJC) concluded in Madrid with a renewed emphasis on strengthening bilateral economic cooperation and enhancing knowledge transfers between both nations.
The Saudi delegation’s visit to Spain included the third meeting of the SSJC, the Saudi-Spanish Business Forum, and the Saudi-Spanish Business Council, as well as a range of bilateral meetings, which saw the participation of more than 50 entities from Saudi’s public and private sectors.

Throughout the three-day SSJC, representatives from both countries explored ways to deepen economic collaboration across vital industries such as energy, water, technology, tourism, education, infrastructure, real estate, aviation, agriculture, and the environment, among others, as Saudi Arabia looks to accelerate its transformation into a global industrial powerhouse and world-class business and logistics hub.

Speaking at the end of the SSJC, Minister of Economy and Planning Faisal Bin Fadhil Al Ibrahim said: “The third Saudi-Spanish Joint Committee has been a true success, enhancing and promoting collaboration between our nations and opening the door to a new phase of strategic cooperation across vital industries in both countries.

“It has served as a highly productive platform to highlight the continuous progress being made under Saudi Vision 2030, and to also demonstrate the range of opportunities open to Spanish companies to invest in the Kingdom and contribute to our remarkable journey of transformation and innovation.”

Al Ibrahim added: “As we continue to diversify our evolving economy, enhancing knowledge and technology transfers with key international partners like Spain will be key to developing the Kingdom’s industrial capabilities, and building a world-class, global business and logistics hub in the Middle East at the intersection of the world.”

At the third SSJC in Madrid, Al Ibrahim joined Spain’s Minister of Industry, Trade and Tourism Maria Reyes Maroto to outline ways to strengthen the long-standing bilateral relationship between the Kingdom and Spain.

In his speech to the Saudi-Spanish Business Forum, the minister of economy and planning highlighted the importance of strategic international economic partnerships in finding common ground and designing joint solutions to challenges facing impacting growth and prosperity today.

During the high-level Saudi delegation’s visit to Madrid between Oct. 19-22, Al Ibrahim met Spain’s Secretary of State for the Economy Gonzalo Garcia Andres to explore ways to deepen international collaboration and spur economic growth, and Antonio Garamendi, president of the Spanish Confederation of Business Organizations, to discuss future opportunities between the two countries.

Meanwhile, on the topic of driving climate progress and sustainable economic development between Saudi Arabia and Spain, Al Ibrahim met Third Vice-President of Spain and Minister of Environmental Transformation and Demographic Challenge Teresa Ribera.

Al Ibrahim also met Secretary of State for Trade and President of Invest in Spain (ICEX) Xiana Margarida Mendez Bertolo to discuss opportunities where the two countries can improve supply chain resilience to support robust bilateral trade.

Spanish entrepreneur Rebeca Minguela, founder and CEO of Clarity AI, later met with Al Ibrahim, where they exchanged knowledge of the two countries’ private sector performance in recent years and international best practices for allocating global capital to promote social impact initiatives to foster an innovation-driven entrepreneurial ecosystem.

On two site visits, firstly to Indra’s state-of-the-art factory, and then to Airbus’ advanced defense and space production facility in Madrid, Al Ibrahim was accompanied by Secretary of State for Trade Xiana Margarida Mendez Bertolo and Saudi Ambassador Azzam Algain, key government officials and a number of senior executives from both Indra and Airbus.

Al Ibrahim also visited the IE University campus with its President Dr. Santiago Iniguez, where they discussed enhancing academic exchanges between the two countries.

That was followed by a meeting between Al Ibrahim and several Saudi students based in Madrid, where he outlined the range of professional development pathways and opportunities offered by the Kingdom to its students that enable them to contribute to building a prosperous future for Saudi Arabia.

The Kingdom’s delegation, led by the Al Ibrahim, also included representatives from the Ministry of Energy, Ministry of Sport, Ministry of Finance, Ministry of Investment, Ministry of Tourism, Ministry of Industry and Mineral Resources, Ministry of Health, Ministry of Transport and Logistic Services, Ministry of Environment, Water and Agriculture, The Public Investment Fund (PIF), Zakat, Tax and Customs Authority, General Authority for Foreign Trade, Royal Commission for Jubail and Yanbu, Saudi Export Development Authority, National Industrial Development, and Logistics Program.
Newsletter

Related Articles

Arab Press
0:00
0:00
Close
Altman Says GPT-5 Already Outpaces Him, Warns AI Could Automate 40% of Work
Trump Organization Teams with Saudi Developer on $1 Billion Trump Plaza in Jeddah
Archaeologists Recover Statues and Temples from 2,000-Year-Old Sunken City off Alexandria
Colombian President Petro Vows to Mobilize Volunteers for Gaza and Joins List of Fighters
Nvidia and Abu Dhabi’s TII Launch First AI-&-Robotics Lab in the Middle East
UK, Canada, and Australia Officially Recognise Palestine in Historic Shift
Dubai Property Boom Shows Strain as Flippers Get Buyer’s Remorse
JWST Data Brings TRAPPIST-1e Closer to Earth-Like Habitability
UAE-US Stargate Project Poised to Make Abu Dhabi a Global AI Powerhouse
Saudi Arabia cracks down on music ‘lounges’ after conservative backlash
Saudi Arabia Signs ‘Strategic Mutual Defence’ Pact with Pakistan, Marking First Arab State to Gain Indirect Access to Nuclear Strike Capabilities in the Region
Turkish car manufacturer Togg Enters German Market with 5-Star Electric Sedan and SUV to Challenge European EV Brands
World’s Longest Direct Flight China Eastern to Launch 29-Hour Shanghai–Buenos Aires Direct Flight via Auckland in December
New OpenAI Study Finds Majority of ChatGPT Use Is Personal, Not Professional
Kuwait opens bidding for construction of three cities to ease housing crunch.
Indian Student Engineers Propose “Project REBIRTH” to Protect Aircraft from Crashes Using AI, Airbags and Smart Materials
Could AI Nursing Robots Help Healthcare Staffing Shortages?
Turkish authorities seize leading broadcaster amid fraud and tax investigation
Apple Introduces Ultra-Thin iPhone Air, Enhanced 17 Series and New Health-Focused Wearables
Big Oil Slashes Jobs and Investments Amid Prolonged Low Crude Prices
Social Media Access Curtailed in Turkey After CHP Calls for Rallies Following Police Blockade of Istanbul Headquarters
Gold Could Reach Nearly $5,000 if Fed Independence Is Undermined, Goldman Sachs Warns
Uruguay, Colombia and Paraguay Secure Places at 2026 World Cup
Trump Administration Advances Plans to Rebrand Pentagon as Department of War Instead of the Fake Term Department of Defense
Tether Expands into Gold Sector with Profit-Driven Diversification
Trump’s New War – and the ‘Drug Tyrant’ Fearing Invasion: ‘1,200 Missiles Aimed at Us’
At the Parade in China: Laser Weapons, 'Eagle Strike,' and a Missile Capable of 'Striking Anywhere in the World'
Information Warfare in the Age of AI: How Language Models Become Targets and Tools
Israeli Airstrike in Yemen Kills Houthi Prime Minister
After the Shock of Defeat, Iranians Yearn for Change
YouTube Altered Content by Artificial Intelligence – Without Permission
Iran Faces Escalating Water Crisis as Protests Spread
More Than Half a Million Evacuated as Typhoon Kajiki Heads for Vietnam
HSBC Switzerland Ends Relationships with Over 1,000 Clients from Saudi Arabia, Lebanon, Qatar, and Egypt
Sharia Law Made Legally Binding in Austria Despite Warnings Over 'Incompatible' Values
Dogfights in the Skies: Airbus on Track to Overtake Boeing and Claim Aviation Supremacy
Tim Cook Promises an AI Revolution at Apple: "One of the Most Significant Technologies of Our Generation"
Are AI Data Centres the Infrastructure of the Future or the Next Crisis?
Miles Worth Billions: How Airlines Generate Huge Profits
Zelenskyy Returns to White House Flanked by European Allies as Trump Pressures Land-Swap Deal with Putin
Beijing is moving into gold and other assets, diversifying away from the dollar
Trump Backs Putin’s Land-for-Peace Proposal Amid Kyiv’s Rejection
Zelenskyy to Visit Washington after Trump–Putin Summit Yields No Agreement
Iranian Protection Offers Chinese Vehicle Shipments a Cost Advantage over Japanese and Korean Makers
United States Sells Luxury Yacht Amadea, Valued at Approximately $325 Million, in First Sale of a Seized Russian Yacht Since the Invasion of Ukraine
Saudi Arabia accelerates renewables to curb domestic oil use
Cristiano Ronaldo and Georgina Rodríguez announce engagement
Asia-Pacific dominates world’s busiest flight routes, with South Korea’s Jeju–Seoul corridor leading global rankings
Private Welsh island with 19th-century fort listed for sale at over £3 million
Sam Altman challenges Elon Musk with plans for Neuralink rival
×