Riyadh, July 21, 2026 – Ambassador of Kazakhstan to Saudi Arabia Madiyar Menilbekov held a meeting with Yasser El Farissi, General Manager for Business Development at the “Olayan Saudi Holding Company”.
The parties discussed prospects for expanding investment cooperation and implementing joint projects in the fields of tourism, real estate development, and the entertainment industry.
Ambassador Menilbekov emphasized that Kazakhstan continues to enhance its investment climate and is interested in attracting leading Saudi companies to implement large-scale projects aimed at developing the country’s modern tourism and urban infrastructure.
In turn, Yasser El Farissi highly praised Kazakhstan’s investment potential and expressed interest in exploring opportunities to participate in promising investment projects.
Following the meeting, the parties agreed to continue the dialogue and further explore promising areas of cooperation.
“Olayan Saudi Holding Company” is one of the largest privately owned investment and industrial holding companies in Saudi Arabia and a key part of “The Olayan Group”. The company operates across a wide range of sectors, including industry, construction, energy, healthcare, real estate, logistics, and investment, while implementing joint projects in partnership with leading international corporations.
