Riyadh, November 10, 2025 – Ambassador of Kazakhstan to Saudi Arabia Madiyar Menilbekov held negotiations with Andreas Kallis, Vice President of “Olayan Financing Company”.

During the conversation, special attention was paid to attracting Saudi companies into the Kazakhstan’s market and implementing joint projects.

M.Menilbekov emphasized that Kazakhstan attaches particular importance to developing business ties with the Kingdom’s leading companies and expressed readiness to provide comprehensive support in strengthening mutually beneficial cooperation.

In turn, the leadership of “Olayan Financing Company”, noting Kazakhstan’s substantial investment potential, expressed interest in implementing joint projects with the Kazakh side.

Following the meeting, the parties agreed on further steps to develop investment cooperation.

“Olayan Financing Company” is a private multinational enterprise that serves as the parent for “The Olayan Group’s” business and investments in Saudi Arabia and the broader Middle East. Founded in 1947, its diverse portfolio includes commercial, industrial, and investment operations across sectors like food and beverages, energy, and technology.

Source : https://www.gov.kz/memleket/entities/mfa-riyadh/press/news/details/1102987?lang=kk