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Arab News
25-04-2025
- Business
- Arab News
Saudi Arabia takes part in European Economic Congress
RIYADH: Saudi Arabia participated in the 17th edition of the European Economic Congress, held in Katowice, Poland, from April 23-25. The Saudi delegation consisted of Ambassador to Poland Saad bin Saleh Al-Saleh; Undersecretary of the Ministry of Investment for International Relations Sara Al-Sayed; Deputy Governor of the Saudi General Authority of Foreign Trade Abdulaziz Al-Sakran; and representatives from the Federation of Saudi Chambers of Commerce, specifically the Saudi-Polish Business Council. The Saudi delegation met with the Poland's deputy minister of Economic Development and Technology to discuss economic relations between Saudi Arabia and Poland and strategies to improve investment and trade exchange, as well as taking part in a dialogue session focused on the same topics and including a review of the economic transformations occurring in the Kingdom in light of Saudi Vision 2030. The delegation also conducted meetings and workshops with several representatives from companies attending the congress to present investment opportunities in the Kingdom.
Leaders
09-02-2025
- Business
- Leaders
Saudi Business Delegation Sparks New Investment Opportunities in Africa
A high-level Saudi business delegation is to embark on a multi-nation tour in Africa on Monday, targeting Kenya, Tanzania, and Rwanda. Led by Federation of Saudi Chambers of Commerce Chairman Hassan bin Moejeb Al-Huwaizi, the group includes 25+ CEOs and government representatives. This initiative aligns with Saudi Vision 2030's goal to diversify economic partnerships across Africa's 1.3 billion-consumer market. Forums to Unlock Mutual Growth The delegation attends the Saudi-Kenyan, Saudi-Tanzanian, and Saudi-Rwandan Business Forums to foster deeper trade relations and boost bilateral investment prospects. Saudi Arabia pursues an ambitious strategy to expand economic ties with Africa by rapidly tapping into its vast consumer market. The delegation will meet ministers and private-sector leaders to address regulatory frameworks and risk reduction for investors. Kenya's Trade CS Moses Kuria emphasized aligning educational curricula with Saudi labor needs to scale worker exports to 1 million. Tanzania's Minister Ashatu Kijaji highlighted joint ventures in agro-processing and mining as priority areas. Economic Strategy Kenya, Tanzania, and Rwanda feature thriving, dynamic business environments and remarkably frequently host international summits that attract diverse global investors. Moreover, the delegation plans to engage with private sector leaders and government officials through high-level forums and interactive discussions actively. Furthermore, the delegation incorporates lessons from recent global summits, including the World Chambers Federation Africa Summit 2025 to boost strategy. Vision and Impact The visit aligns with Saudi Arabia's Vision 2030 and strengthens the kingdom's commitment to international economic diversification through robust initiatives. Business forums and strategic meetings boost investment prospects while enabling dynamic partnerships between Saudi companies and local enterprises for growth. This tour reinforces Saudi Arabia's commitment to long-term African partnerships, combining financial muscle with strategic sectoral focus. Stakeholders anticipate new MOUs to emerge, further intertwining Saudi and East African economies. Short link : Post Views: 1
