AlQa'dah 1, 1433, Sep 17, 2012, SPA -- The Joint Saudi-Singaporean Business Council concluded its meetings here today. Abdullah bin Zaid Melaihi headed the Saudi side at the meetings. The meetings agreed on establishing a joint company with a capital of 100 million riyals divided equally between the two sides to facilitate the entry of investors in both countries. Melaihi told Saudi Press Agency following the conclusion of the meetings that discussions also focused on the objectives and strategy of the Council.