The Maldives’ fisheries sector will receive support from the Saudi Fund for Development (SFD), which has reaffirmed its commitment to fostering sustainable development in the industry and enhancing bilateral ties. This commitment was made at a meeting between the deputy CEO of the Saudi Fund for Development, Faisal Al Kahtani, and Ahmed Shiyam, the Maldives’ minister of fisheries and ocean resources, in Saudi Arabia.
The current and upcoming projects funded by the SFD in the Maldives were the main topic of conversation between Minister Shiyam and Faisal Al Kahtani. Al Kahtani emphasized the shared objectives that drive the two countries’ cooperation, reaffirming his strong commitment to promote the Maldivian fishing sector.
Minister Shiyam emphasized the exhibition’s significance in a social media post, pointing out that it is vital for fostering international information exchange and strengthening corporate relationships. For those involved in the marine and fisheries industries, the occasion offers a great chance to investigate fresh directions for collaboration and creativity.
In order to achieve sustainable development and prosperity for the fisheries industry, the Maldives and Saudi Arabia have established a strong collaboration, as evidenced by the Saudi Fund for Development’s ongoing support. In addition to enhancing the two nations’ economic relations, this partnership demonstrates their shared commitment to environmental preservation and the sustainable use of maritime resources.