First Swiss Businesswomen Delegation Explores Business Opportunities in Saudi Arabia

Business

First Swiss Businesswomen Delegation Explores Business Opportunities in Saudi Arabia

A Swiss Businesswomen delegation met on Tuesday, 28 November 2017, in Jeddah with a variety of Saudi Businessmen and Businesswomen to learn more about potential business and financial investment possibilities in the Kingdom of Saudi Arabia. This is available in line with Saudi Arabia's keenness to encourage financial investments and trade in appealing vital industries, and shows the choices taken by the Federal government of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and His Royal Highness Crown Prince Mohammed bin Salman to develop an atmosphere for financial investment, within the Saudi Vision 2030.

During the meeting, which happened at the invitation of H.E. Heinrich Schellenberg, Ambassador of Switzerland to the Kingdom of Saudi Arabia, the Swiss Businesswomen delegation, the first ever to go to the Kingdom, discussed means to reinforce participation in between Saudi Arabia and Switzerland in different areas.

" There are greater than 100 Swiss companies already doing business in Saudi Arabia that use and move knowledge to young Saudis," noted Ambassador Schellenberg, emphasizing that his country eagerly anticipates further participation and stronger ties between the two countries

Furthermore, the ambassador mentioned that the Swiss businesswomen delegation's browse through objectives to explore means and facets of collaboration with companies in Saudi Arabia, presently Switzerland'' s second trading partner between East and North Africa region (MENA) after the United Arab Emirates

"The trade equilibrium amounted to 3.2 billion Swiss Francs, with exports to the Kingdom that amounted to 2.8 billion Swiss Francs and 440 million Swiss Francs of imports," Schellenberg proceeded. "The major sorts of exports to Saudi Arabia are drugs, jewels, fashion jewelry, machines, clocks and coffee."
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Sheikh Khaled Juffali, Honorary Consul of Switzerland in Jeddah, hailed the positive and worthwhile conferences accomplished by the Swiss Businesswomen delegation. He noted that both sides agreed on the relevance of strengthening the existing cooperation between them because of the notable connections in between both countries' leaderships
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The Swiss Businesswomen delegation included representatives of key Swiss commercial and industrial fields, especially, clinical products, public connections, event management, tourism and others.