23 Hrs
Source:
الاقتصادية
Djibouti: Saudi Arabia's Access to Africa
Djibouti and Saudi Arabia signed a mutual visa exemption agreement for holders of diplomatic, special, and service passports, aimed at strengthening bilateral relations and facilitating the movement of officials and official delegations. This measure will ease cooperation on joint projects and enhance trade and investment communication. This step comes amid rapid developments in their relationship, with increasing trade volumes—Saudi exports to Djibouti reaching approximately 5.1 billion riyals in 2025—and Saudi developmental investments exceeding $400 million. Additionally, efforts are underway to develop logistics infrastructure and ports to enable trade exchanges and re-exports to East African markets. These initiatives will help boost cooperation in fields such as ports and logistics services, establishing Djibouti as a strategic gateway connecting Saudi Arabia to African markets and supporting food security and global trade.
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