Close Menu
  • Demos
  • Buy Now
  • Breaking news

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

“VOTE ONLY SERVICE ORIENTED LCS,”NAMYALO TELLS VOTERS

July 27, 2026

THE EVOLUTION OF SEETA HIGH SCHOOL TO  SEETA UNIVERSITY IN 26 YEARS JOURNEY

July 27, 2026

KASUKU NAMED UGANDA’S LEADING INFLUENCER  

July 27, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram Vimeo
Elix News
Subscribe Login
  • Home
  • Politics

    MUKONO DISTRICT LEADERS REAFFIRM COMMITMENT TO FAST-TRACK KATOSI–KOOME FERRY PROJECT

    July 22, 2026

    MBALE HIGH COURT SETTLES 4 YEAR INZU YA BAMASABA CATTLE DISPUTE

    July 22, 2026

    PUBLIC SERVANTS ARE NOT ELIGIBLE TO CONTEST IN LOCAL COUNCIL ELECTIONS WITHOUT RESIGNATION

    July 22, 2026

    MUSEVENI MOURNS MOSES ALI

    July 21, 2026

    JOHN NAMBESHE TAKES OVER NUP DEPUTY PRESIDENT

    July 20, 2026
  • Business

    SPEKE RESORT AND CONFERENCE CENTRE GETS NOMINATED IN GLOBAL AWARD

    July 24, 2026

    UNBS SEIZES SUBSTANDARD GOODS WORTH UGX 3BILLION. 

    July 22, 2026

    UNABSEC,RUPARELIA GROUP SEEK PARTNERSHIP

    July 21, 2026

    CENTENARY BANK,MICROPAY SIGN STRATEGIC PARTNERSHIP

    July 20, 2026

    NATIONAL LOTTERIES AND GAMING BOARD UNVEILS NEW STRATEGIC PLAN

    July 20, 2026
  • Education

    EQUITY BANK DONATES BRAND NEW BUS TO BUSOGA HIGH SCHOOL

    July 24, 2026

    AIRTEL UGANDA ,MOICT PARTNER TO STRENGTHEN DIGITAL CONNECTIVITY

    July 20, 2026

    VICTORIA UNIVERSITY HITS 5000 STUDENTS TARGET

    July 20, 2026

    GOVERNMENT TO VET SCHOOL BUS DRIVERS

    July 17, 2026

    100 SCHOLARSHIPS FOR GRABS AT VICTORIA UNIVERSITY

    July 15, 2026
  • Environmental

    CHURCH OF UGANDA,MINISTRY OF WATER SIGN MOU TO RESTORE WETLANDS

    July 25, 2026

    DTB BANK UNVEILS MORTGAGE FINANCE SOLUTION

    July 24, 2026

    UEDCL,UETCL REAFFIRM COMMITMENT TO POWER SUPPLY TO GREATER KAMPALA 

    July 24, 2026

    EMBASSY COMMITS 57BILLION TO STRENGTHEN ADOLESCENT HEATH

    July 24, 2026

    NARO,SOUTH WEST MINZU UNIVERSITY TO STRENGTHEN LIVESTOCK RESEARCH

    July 23, 2026
  • Regional

    EQUITY GROUP,AFRICANENDA TO EXPAND DIGITAL PAYMENTS IN AFRICA

    July 7, 2026

    KENYAN OPPOSITION LEADER TO TAKE UGANDA TO EAC COURT

    June 29, 2026

    EBOLA CASES RISE TO 676 IN DR CONGO

    June 13, 2026

    PRESIDENT MUSEVENI CALLS FOR FASTER EAC INTEGRATION

    June 11, 2026

    EQUITY GROUP AND ITC SIGN MOU ON SUSTAINABLE ECONOMIC GROWTH

    June 3, 2026
  • Entertainment

    KASUKU NAMED UGANDA’S LEADING INFLUENCER  

    July 27, 2026

    GHETTO KIDS, SHAKIRA AND BURNA BOY LIGHT UP WORLD CUP FINALS

    July 21, 2026

    MOUNTAIN DEW INJECTS CASH IN NCBA AUTO SHOW SPONSORSHIP

    July 16, 2026

    ISAIAH KATUMWA GETS DOUBLE NOMINATION IN SOUTH AFRICA JAZZ AWARDS

    July 11, 2026

    GOVERNMENT SINKS 100 MILLION IN SAUTI YA UGANDA SINGING COMPETITION

    July 11, 2026
  • Health

    “SUPPORT RAISE FUNDS FOR DISABILITY SURGICAL SERVICES,”CORSU APPEALS

    July 24, 2026

    US CLEARS DEI BIOPHARMA TO DEVELOP CANCER IMMUNOTHERAPY

    July 22, 2026

    “REMOVE UGANDA FROM EBOLA SUSPENSION” ,CDC BOSS TELLS US

    July 22, 2026

    UVRI TO LAUNCH EAST AFRICAN CENTRE OF EXCELLENCE IN VIROLOGY

    July 20, 2026

    UNION TRANSPORT ALLIANCE UNVEILS UNION SANITARY PADS

    July 16, 2026
Elix News
  • Home
  • Politics
  • Business
  • Education
  • Environmental
  • Regional
  • Entertainment
  • Health
Home»Breaking news»UGANDA,SAUDI ARABIA DEEPEN INVESTMENT COOPERATION
Breaking news

UGANDA,SAUDI ARABIA DEEPEN INVESTMENT COOPERATION

felix@elixnews.co.ugBy felix@elixnews.co.ugFebruary 19, 2026Updated:March 24, 2026No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
Share
Facebook Twitter LinkedIn Pinterest Email

President Yoweri  Museveni has hosted a high-level delegation from the Kingdom of Saudi Arabia at State House, Entebbe with focus of strengthening bilateral economic cooperation and unlocking new commercial opportunities between the two countries.

Led by Mr. Ali O Alswayeh, the Saudi delegation expressed appreciation to the President for the audience and reaffirmed Saudi Arabia’s commitment to expanding investment in Uganda.

The delegation highlighted agriculture, particularly coffee value addition as one of the Kingdom’s priority areas of interest.

President Museveni welcomed the delegation and commended them for recognising Uganda’s untapped investment potential. He observed that although Uganda and Saudi Arabia have maintained cordial relations for many years, both countries had not fully maximised available economic opportunities.

“We have been working together for a long time, but we have not fully engaged to maximise our investment opportunities,” the President noted.

The two parties also discussed the Value at Source Coffee Project (VASP), an agro-industrial initiative spearheaded by Nonda Coffee. The project seeks to transition Uganda from exporting raw coffee beans to exporting branded, high-value finished coffee products.

At the centre of this transformation is the proposed Luwero Coffee Park, an integrated industrial complex in Luwero District with a projected annual processing capacity of 42,000 metric tons of coffee and a targeted annual revenue of USD 850 million.

The facility will handle the full coffee value chain including cleaning, grading, roasting, grinding, soluble and specialty coffee production, packaging, branding, and export of finished products.

The project is expected to among others, create approximately 1,500 direct jobs as well as generate about 3,000 indirect jobs in logistics, retail, and auxiliary services as well as integrate over 100,000 coffee farming households into a structured supply chain.

The Saudi market is viewed as a strategic gateway into the broader Middle East, one of the fastest-growing coffee consumption regions globally. The expansion is expected to drive demand for premium Ugandan coffee, strengthen bilateral trade ties, and create sustainable downstream markets for Ugandan farmers.

The meeting underscored a shared commitment to investment-led growth, private sector development, and value addition as key drivers of economic transformation.

President Museveni has consistently emphasised value addition as a central pillar of Uganda’s development strategy, noting that exporting finished goods rather than raw materials is critical to increasing export earnings, creating jobs, and accelerating industrialisation.

The discussions concluded with renewed commitment from both sides to deepen trade and investment cooperation, particularly in agro-processing, industrial development, and market expansion.

The engagement marked a significant step toward strengthening Uganda–Saudi Arabia economic relations and advancing mutually beneficial partnerships in strategic sectors. 

Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
Previous ArticleCALIFORNIA RIVER OF LIFE UNIVERSITY OPENS IN KABALE
Next Article KCB  BANK COMMITS TO SUPPORTING WOMEN  ENTERPRISES
felix@elixnews.co.ug

Related Posts

“VOTE ONLY SERVICE ORIENTED LCS,”NAMYALO TELLS VOTERS

July 27, 2026

THE EVOLUTION OF SEETA HIGH SCHOOL TO  SEETA UNIVERSITY IN 26 YEARS JOURNEY

July 27, 2026

OLARA OTUNNU ENDORSED FOR UN SECRETARY GENERAL

July 26, 2026

GOVERNMENT ANNOUNCES MANDATORY MONTHLY CLEANING SESSIONS

July 24, 2026
Leave A Reply Cancel Reply

Our Picks

U.S ENVOY TO SOMALIA COMMENDS UPDF TROOPS FOR PROFESSIONALISM

August 13, 2025

UBOS TO CONDUCT 9TH ROUND OF UGANDA NATIONAL HOUSE HOLD SURVEY 2026/27

July 14, 2026

UNEB DIRECTS SCHOOLS TO DISPLAY CANDIDATES REGISTERS FOR PUBLIC VIEWING

August 18, 2025

MTN FOUNDATION EQUIPS HETA VOCATIONAL TRAINING SCHOOL

March 20, 2024
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss
Breaking news

“VOTE ONLY SERVICE ORIENTED LCS,”NAMYALO TELLS VOTERS

By felix@elixnews.co.ugJuly 27, 20260

Senior Presidential Advisor on Political Affairs Hajjat  Namyalo Uzeiye, has called upon the general public…

THE EVOLUTION OF SEETA HIGH SCHOOL TO  SEETA UNIVERSITY IN 26 YEARS JOURNEY

July 27, 2026

KASUKU NAMED UGANDA’S LEADING INFLUENCER  

July 27, 2026

OLARA OTUNNU ENDORSED FOR UN SECRETARY GENERAL

July 26, 2026
About Us
About Us

Elix News is your source for trusted news, anytime. Browse topics from Entertainment to Politics to Sports, we cover it all!

Our Picks

“VOTE ONLY SERVICE ORIENTED LCS,”NAMYALO TELLS VOTERS

July 27, 2026

THE EVOLUTION OF SEETA HIGH SCHOOL TO  SEETA UNIVERSITY IN 26 YEARS JOURNEY

July 27, 2026

KASUKU NAMED UGANDA’S LEADING INFLUENCER  

July 27, 2026
Facebook X (Twitter) Instagram Pinterest
  • Home
  • Breaking news
  • Featured
  • Business
  • Entertainment
© 2026 Elix News. Designed by Goph Technologies.

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.
I have disabled my ad blocker

Sign In or Register

Welcome Back!

Login to your account below.

Google Icon
GitHub Icon
LinkedIn Icon
X Icon
Lost password?