RoydadNaft –  Iran’s Minister of Finance and Economic Affairs Abdolnasser Hemmati, who has traveled to Riyadh to participate in the 28th WAIPA World Investment Conference, met and held talks with OPEC Fund’s President Abdulhamid Alkhalifa on Monday. During the meeting, Alkhalifa said the Fund is ready to provide services to Iranian companies.

Hemmati, for his part, stated that organizing a workshop is essential to further introduce the OPEC Fund to the Iranian companies.

Stating that the participation of Iranian contractors in the fund’s projects will be very effective, Hemmati added: “We welcome the presence of the OPEC Fund’s president and experts in Iran, and Iran will fulfill its obligations to the OPEC Fund.”

The president of OPEC Fund, for his part, said that Iran is among the most valuable member countries of the OPEC Fund, and Iran’s presence in this fund has multiplied Iran’s values.

Alkhalifa added that the OPEC Fund will be one of the largest financial institutions in the future, noting that the fund is ready to accept technical and engineering services from Iranian companies.

Held since 1995, the WAIPA (World Association of Investment Promotion Agencies) Investment Conference is a forum that addresses the economic and social issues that may affect global investment flows and other strategic and policy considerations.

The conference includes formal panel presentations, ample networking opportunities, and social events for the members, according to its website.

The theme of this year’s conference is “Harnessing Digital Transformation and Sustainable Growth, Scaling Investment Opportunities”.