Guyana inks deal with Saudi Eksab to explore investment opportunities

The Guyana Government and Saudi Eksab, a newly launched strategic investment company, recently signed an MOU to explore investment collaboration opportunities across key sectors to drive sustainable growth and diversification.
President Dr Irfaan Ali witnessed the signing of the Memorandum of Understanding (MoU), which took place on the sidelines of the 9th Future of Investment Initiative (FII9) in Riyadh, Saudi Arabia, last week.
The MoU, signed by Guyana’s Minister of Public Service and Government Efficiency Zulfikar Ally and the Chief Executive Officer (CEO) of Saudi Eksab Yazeed Al-Yahya, will explore investment opportunities and strengthen collaboration between Guyana and Saudi Eksab.

The partnership opens a pathway for joint efforts on new investment ventures and knowledge transfer between the two nations. It also reinforces Saudi Eksab’s current role as a trusted partner in supporting Guyana’s economic transformation.
According to a statement, Minister Ally said Guyana is eager to explore this partnership, which will contribute to the transformative environment in the country.
“Guyana is entering a transformative phase of development. Through this collaboration with Saudi Eksab, we are eager to explore partnerships that accelerate infrastructure development and economic diversification while fostering global cooperation,” Ally said in the statement.
Meanwhile, Alyahya noted, “This partnership marks an exciting step forward in our mission to identify high-impact investment initiatives that drive shared economic growth. We look forward to identifying meaningful opportunities.”
Just last Wednesday, Saudi Arabia launched the Eksab company for strategic international investments. Saudi Eksab describes itself as “an international investment entity guided by purpose, powered by investment rigour.”
The company’s website further states, “We provide the bold, strategic capital needed to unlock the potential of frontier and emerging markets. Led by a team with technical expertise across a variety of investment types and international markets, we deploy capital with ambition. To increase prosperity denied by financial exclusion.”