Quotes: US 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.

 






  MENA News Headlines
 Jul 31 2014 - Air Algerie's plane crashesMENAFN
(MENAFN) A senior official said that the Air Algerie flight that crashed in Mali last week appears to have plummeted to the ground from an altitude of 10,000 meters in just a few minutes after flying ...

 Jul 31 2014 - Dubai's Damac eyes listing shares in Dubai bourseMENAFN
(MENAFN) Dubai luxury property developer Damac is trying to attract investors to invest in converting its Global Depositary Receipts (GDRs), listed on the London bourse, into ordinary shares that ...

 Jul 31 2014 - 'Nearly 100 casualties' in Xinjiang violenceArab News
(MENAFN - Arab News) IJING: A clash in Xinjiang home to China's mostly Muslim Uighur minority left nearly 100 people dead or wounded an exile group said Wednesday after what authorities called a ...

 Jul 31 2014 - Aquino seeks to quash rumors of military coupArab News
(MENAFN - Arab News) NILA: Philippine President Benigno Aquino sought Wednesday to quash rumors that a coup is being plotted against him with his spokesman insisting he had the military's full ...

 Jul 31 2014 - Kerry in New Delhi to reboot ties with ModiArab News
(MENAFN - Arab News) W DELHI: US Secretary of State John Kerry flew into India on Wednesday for ice-breaking talks with new Prime Minister Narendra Modi forecasting a transformation in Washington's ...

 Jul 31 2014 - UK bankers' bonus: Tough rules on wayArab News
(MENAFN - Arab News) NDON: British banks will be able to claw back employee bonuses up to seven years later if the recipient is found guilty of serious recklessness the Bank of England ...

 Jul 31 2014 - Amazon to invest 2bn to expand in IndiaArab News
(MENAFN - Arab News) MBAI: The world's largest online retailer is facing off in India against a new name in e-commerce that was founded by former Amazon employees.Amazon.com Inc. said it will invest ...

 Jul 31 2014 - Mobily Wajid offers free lines to family membersArab News
(MENAFN - Arab News) Bily continues to provide its extraordinary offer to the new subscribers of Wajid that provides discounts and privileges to all family members.The new Wajid Extra and Plus ...

 Jul 31 2014 - Wife of BIS official dies in road crashArab News
(MENAFN - Arab News) E wife of a member of the governing board at the Bangladesh International School (BIS) in Jeddah was killed in a road accident on Tuesday the second day of Eid Al-Fitr.Nasima ...

 Jul 31 2014 - Indian Eid program toned down in solidarity with GazansArab News
(MENAFN - Arab News) Extensive yearly Indian community Eid program was reduced to a simple get-together ceremony on Monday night in solidarity with the victims of Gaza.Indian expatriates condemned ...

more...


 






Google

 
 

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

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

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
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

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


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help