Following a series of high-level engagements and a Memorandum of Understanding (MoU) inked last year, Senior Minister with Responsibility for Finance Dr Ashni Singh recently held a follow-up meeting with executives from Saudi Eksab – a global investment entity.
Last week, Minister Singh attended the 2026 Spring Meetings of the International Monetary Fund (IMF) and World Bank Group (WBG) in Washington D.C, United States, where he engaged Chief Executive Officer of Saudi Eksab, Yazeed Saleh AlYahya, and his team on the sidelines.
In a subsequent social media post, the finance minister explained that the engagement serves as a follow-up to the discussions held between President Dr Irfaan Ali and the Saudi Eksab leadership during a visit to Georgetown earlier this year for the Guyana Energy Conference and Supply Chain Expo 2026.
Dr Singh was accompanied by Guyana’s Ambassador to Brazil, Dr. Compton Bourne, and the Executive Director for the Caribbean at the IDB, Navita Ramroop, during the meeting.
Investment priorities
Meanwhile, the Saudi Eksab CEO said the engagement provided a platform for exchanging perspectives on investment priorities.
In a social media post about the series of meetings he had with various partners from government entities and multilateral institutions including Guyana, AlYahya noted that the engagements emphasize the importance of alignment in advancing more effective investment approaches, anchored in institutional partnerships, informed by a sophisticated understanding of market dynamics, and focused on delivering sustainable impact and long-term value across frontier and emerging markets.
“These meetings underscored the importance of enhancing the alignment of efforts and integration of roles among various stakeholders, contributing to the establishment of more effective investment directions based on institutional partnerships, grounded in a precise understanding of market specificities, and oriented toward achieving sustainable impact and long-term value across emerging and developing markets,” the Saudi Eksab CEO stated.
Growth & diversification
Meanwhile, this recent engagement comes months after the Guyana Government and Saudi Eksab signed a MoU to explore investment collaboration across key strategic sectors to drive sustainable growth and diversification.
Witnessed by President Ali, the document was signed by Guyana’s Minister of Public Service, Government Efficiency and Implementation, Zulfikar Ally and CEO Alyahya, on the sidelines of the Future Investment Initiative in Riyadh back in November 2025.
The partnership opens a pathway for joint efforts on new investment ventures and knowledge transfer between the two nations. Additionally, 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 partnerships that accelerate infrastructure development and economic diversification while fostering global cooperation. He believes the MoU will contribute to the transformative environment in Guyana.
In the statement, Alyahya said, “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.”
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.”
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