Saudi Arabia Business Journey June 2025
From 31 May to 4 June 2025, the Portuguese–Saudi Business Council (PSBC) organized a business mission to Riyadh, reaffirming the growing importance of Saudi Arabia as one of today’s most attractive destinations for international investment.
The delegation of Portuguese companies had the opportunity to meet with leading Saudi stakeholders, including high-level representatives from government, institutions, and the private sector. A highlight of the mission was the warm reception offered by H.E. Nuno Mathias, Ambassador of Portugal to Saudi Arabia, who shared valuable insights and strategic guidance for companies seeking to establish themselves in the Kingdom. The delegation also benefited from the support of AICEP’s newly appointed representative, Mr. Guilherme Lopes, strengthening institutional backing for Portuguese internationalization.
Another key moment was the visit to Albaltan Group headquarters, where the delegation was hosted by Mr. Alwalid Albaltan, CEO of the Group and Chairman of the Saudi–Portuguese Business Council (SPBC), along with Deputy CEO Mr. Noel Gomes. The meeting highlighted the Group’s legacy of nearly 60 years and its alignment with Saudi Arabia’s Vision 2030, showcasing the opportunities for trusted collaboration with Portuguese companies.
The program also included a visit to the King Abdullah Financial District (KAFD), one of Riyadh’s most ambitious urban developments, offering a glimpse into the Kingdom’s bold vision for modern infrastructure and sustainable growth.
The mission concluded with a symbolic cultural moment in Diriyah, the historic birthplace of the Kingdom of Saudi Arabia. This experience reminded the delegation that the nation’s rapid modernization is firmly rooted in its history and traditions.
The PSBC extends its gratitude to the Saudi–Portuguese Business Council, led by Mr. Alwalid Albaltan and Mr. Noel Gomes, for their kind hospitality and outstanding program. This mission was a powerful step toward deepening economic ties, fostering partnerships, and creating long-term opportunities for Portuguese companies in the Saudi market.