Mitsotakis pitches Greek investment opportunities to Saudi billionaire

Khaled Juffali Kyriakos Mitsotakis

Prime Minister Kyriakos Mitsotakis on Tuesday presented the investment opportunities offered by Greece to Khaled Juffali, one of the most prominent entrepreneurs of Saudi Arabia who already operates in Greece.

According to government sources, Juffali assured Mitsotakis of his interest and his intention to continue operating and expanding his investments in Greece.

Juffali is operating in the tourism sector via the Four Seasons hotel chain.

READ MORE: Mohammed bin Salman to Mitsotakis: “We have €5 billion to invest in Greece, where do you want it?” 

The discussion focused on issues of economic interest and the prospect of investments in Greece.

The meeting, which was held at Maximos Mansion, was attended by Deputy Foreign Minister for Economic Diplomacy and Openness Kostas Fragogiannis and the director of the prime minister’s diplomatic office, Ambassador Eleni Sourani.

Who is Khaled Juffali?

Khaled Juffali is a 64-year-old Saudi billionaire.

Juffali is a managing partner and vice chairman at E. A. Juffali and Brothers.

He is also the chairman of the Khaled Juffali Company (KJC), a privately held investment company, and of the Saudi German Business Council.

Juffali sits on the board of directors of the Saudi Arabian Monetary Authority, and the boards of numerous investment companies.

The billionaire is chairman of ReAya Holding, Saudi Tractors Manufacturing, National Automobile Industry, Saudi Ericsson Communications, Fluor Daniel Arabia, and Raychem Saudi Arabia.

Juffali was born in Jeddah on 1 January 1958 and is the second son of the founder of E. A. Juffali and Brothers, Ahmed Juffali.

READ MORE: Greece and Saudi Arabia sign major maritime transport deal.

His mother is Suad bint Ibrahim Al Husseini the grand daughter of Kamil of Jerusalem and niece of Amin al-Husseini.

Khaled had two full-brothers: Walid Juffali, and Tarek Ahmed Al Juffali.

Juffali was educated in Lebanon and Switzerland, before earning a degree in business administration from the University of San Diego.

He was given an honorary doctorate in business administration from Menlo College in 2009.

READ MORE: Greece and Saudi Arabia set up bilateral cooperation council.