Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi-Greece trade exceeds SR15 billion  Join our daily free Newsletter

MENAFN - Arab News - 10/12/2013
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) Secretary-General of the Arab Hellenic Chamber of Commerce and Development Rashad Mabger called on Saudi businessmen to explore investment opportunities in Greece, whose economy enjoys various possibilities in tourism, real estate, foodstuff manufacturing, sustainable energy and agriculture.
The official was addressing a meeting of over 45 businessmen of both countries last Sunday at Jeddah Chamber of Commerce and Industry (JCCI) in the presence of Greek Consul General in Jeddah Polychronis Polychroniou. Mabger said the volume of trade between Greece and Arab countries is less than it should be and does not reflect the deep historic and political relations between them. The Greek business delegation's visit to the JCCI is part of the Arab-Hellenic chamber's aim to implement more commercial relations with the Arab World.
JCCI Secretary General Adnan Mandoura encouraged Saudi businessmen to benefit from foreign investment facilitations in Greece since that country's products enjoyed good global reputation. He also called on Greek businessmen to enter into joint venture partnerships with their Saudi counterparts in projects across Saudi Arabia as the Kingdom is witnessing a boom in all fields and all areas of the country.


He said Greek companies are determined to enter the Saudi market and build a stronger relationship with Saudi counterparts to increase the volume of trade that exceeded SR15 billion last year.
Polychroniou, the consul general, said the Greek government had amended its foreign investment law that guarantees investors' rights. He explained the promising investment opportunities in several sectors and the facilitations offered by the government to encourage foreign investments, saying the Saudi-Greek relations form a solid basis for more economic cooperation that would benefit both countries.
The Greek business delegation comprised over 20 companies specialized in health care services, pharmaceutical products, foodstuff, contracting and construction, chemical products, electronics, engineering, interior designing, project management, port services, real estate investment, aviation and defense, information systems, textile and carpet.

 


Arab News




  MENA News Headlines
 Jul 31 2016 - UAE to increase its GDP by 4 percent until 2020MENAFN
(MENAFN) The UAE is predicted to recover in 2017 after difficult conditions this year of a strong recovery in economic growth.Accordingly, the country's recovery in oil prices combined with growing ...

 Jul 31 2016 - Qatar to issue USD8bn budget deficitMENAFN
(MENAFN) Qatar is predicted to run a budget deficit of USD8bn, equivalent to 5 percent of GDP this year, which is the smallest amid the GCC States.However, the GCC countries lost USD157bn in oil ...

 Jul 31 2016 - UAE- Bezos pips Buffett to grab billionaire bronze medalKhaleej Times
(MENAFN - Khaleej Times) Jeff Bezos, the founder and chief executive of Amazon.com, has become the world's third-richest person as of the market close for the first time, Forbes magazine said, ...

 Jul 31 2016 - Saudi Zain revenues up 5 percent to USD0.45bnMENAFN
(MENAFN) Zain Saudi Arabia continued growing its revenues and local profit for Q2 this year, compared to the same period last year, which reached USD0.45bn.Furthermore, the firm also posted gross ...

 Jul 31 2016 - US, Qatar trade climbs to USD2.56bnMENAFN
(MENAFN) The US trade surplus with Qatar for the Jan-May period of this year jumped to USD2.56bn, viewing a triple-digit growth compared with last year.Moreover, the US trade balance with Qatar for ...

 Jul 31 2016 - Dunia helps students attain business dreamsKhaleej Times
(MENAFN - Khaleej Times) The students worked to develop their business ideas and plans at the Dunia Young Business Leaders Programme The next generation of entrepreneurs and business leaders ...

 Jul 31 2016 - She's got your financial security coveredKhaleej Times
(MENAFN - Khaleej Times) Leena Parwani's consultancy 'iCareinsure' offers bespoke financial planning Taking the first step is, perhaps, the most difficult thing to do to achieve a dream. But, for ...

 Jul 31 2016 - Bezos pips Buffett to grab billionaire bronze medalKhaleej Times
(MENAFN - Khaleej Times) Jeff Bezos, the founder and chief executive of Amazon.com, has become the world's third-richest person as of the market close for the first time, Forbes magazine said, ...

 Jul 31 2016 - 100 new companies shift base to Dubai Investments ParkKhaleej Times
(MENAFN - Khaleej Times) Total number of companies within the free zone park hits 4,600 Dubai Investments Park (DIP) on Saturday announced that 100 new companies have either leased or sub-leased ...

 Jul 31 2016 - Dubai set to be 3D printing hubKhaleej Times
(MENAFN - Khaleej Times) Dubai's active initiatives toward encouraging 3D printing are set to make it the world's leading destination in this "additive manufacturing" technology, a 3D printing ...

more...


 





Google

Easy Forex

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help