Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Netherlands moves to boost growing ties with Kingdom  Join our daily free Newsletter

MENAFN - Arab News - 10/05/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) The netherlands is keen to further enhance cooperation with the kingdom even as the bilateral trade relationship between the two countries has flourished with holland being one of the ten most important trading partners and investors in saudi arabia.

as the european union is celebrating the 'europe month in ksa" featuring european gatherings exhibitions concerts information sessions and culinary delights the netherlands embassy has similarly opened the 'holland food festival" in riyadh to give a taste of what their country has to offer to the people here.

the food festival which kicked off on may 2 will continue until may 12 at the marriott hotel offering white veal seafood vegetables coffee and of course cheese.

netherlands ambassador laurens westhoff said that the relations between saudi arabia and the netherlands go back as far as the 17th century in 1614 when the dutch got permission to settle in the arabian peninsula.

'the trade relationship has flourished to this date making the netherlands one of the ten most important trading partners and investors in the kingdom of saudi arabia" westhoff said.

commenting on bilateral trade he said that the netherlands exports a wide range of products and technology in various sectors including agriculture machinery chemicals and petrochemicals. citing statistics he said that the exports to the kingdom had increased by 25.2 percent since 2006.

'food products and machinery figure as the highest export product owing to the diversification of the saudi economy" westhoff said adding that agricultural and dairy products are also an important part of the bilateral trade.

'dairy companies are currently expanding their activities in the kingdom" he underlined.

he added 'when you think of dutch cuisine you probably think of cheese. and yes there are dozens kinds of dutch cheeses. gouda cheese edam cheese young cheese ripe cheese we have it all."

however the dutch cuisine comprises more than just cheese he pointed out.

'the netherlands is the number one white-veal producer in the world and there is fantastic caviar hailing from our country" he pointed out.

he further observed that saudi arabia is investing more in upstream activities in order to limit its dependence on oil revenues. he maintained that the saudi market is stable and attractive for investment and that the netherlands looks forward to bolster bilateral ties with the kingdom.

he further informed that last month the king faisal university and the university of groningen signed a service agreement which is a new chapter in their successful cooperation.

the two universities presented a joint workshop on adopting the 'problem solving" medical curriculum.

historically the cooperation between the two countries is very close. the netherlands is one of the largest investors in the kingdom with foreign direct investment (fdi) from the netherlands to saudi arabia at nearly 4 percent of the total fdi.

in addition there is an increase in the number of saudi-dutch joint ventures in the kingdom.

the ambassador noted that the strong commercial interest has led to an equally strong interest in the arabic language and civilization where the people of the netherlands are very keen on learning more about the arab culture.


 


Arab News




  MENA News Headlines
 Mar 28 2015 - Saudi pounds Yemen rebel campsThe Peninsula
(MENAFN - The Peninsula) Saudi-led coalition warplanes bombed rebel camps in Yemen Friday in a second straight day of strikes as embattled President Abedrabbo Mansour Hadi arrived in Egypt for talks ...

 Mar 28 2015 - Qatar- QMMF's West, Simon start strong at homeThe Peninsula
(MENAFN - The Peninsula) QMMF Racing Team's Anthony West and Julian Simon made a good start to the 2015 Moto2 season at the Losail International Circuit here on Thursday night.Under floodlights of ...

 Mar 28 2015 - Qatar- Cudlin wins first raceThe Peninsula
(MENAFN - The Peninsula) Britain's Alex Cudlin (centre) won the first Qatar SuperBike (QSBK) race at Losail International Circuit on Thursday night. German rider Nina Prinz (left) came second. ...

 Mar 28 2015 - Qatar- Marquez stays on top of time sheetsThe Peninsula
(MENAFN - The Peninsula) MotoGP world champion Marc Marquez of Repsol Honda yesterday finished on top of the combined time sheets after a frantic end to Free Practice (FP) 3 with Britain's Cal ...

 Mar 28 2015 - Oil dives 4.7% on easing Yemen worriesThe Peninsula
(MENAFN - The Peninsula) Oil prices sank Friday, giving back some gains from a two-day surge, as traders kept an eye on the Saudi-led air assault against Shiite rebels in Yemen.US benchmark West ...

 Mar 28 2015 - UN orders Libya rights abuses investigationThe Peninsula
(MENAFN - The Peninsula) The UN Human Rights Council decided Friday to send a mission to war-torn Libya to investigate a range of abuses by different sides and help bring perpetrators to justice.The ...

 Mar 28 2015 - Ex-president Saleh calls for Yemen ceasefireThe Peninsula
(MENAFN - The Peninsula) Former Yemeni president Ali Abdullah Saleh, who is close to the country's Shiite Huthi rebels, called Friday for a ceasefire and the resumption of UN-brokered dialogue ...

 Mar 28 2015 - Saudi pounds Houthi campsThe Peninsula
(MENAFN - The Peninsula) Saudi Arabia said yesterday the coalition forces it is leading will not at any cost allow weapons or other supplies to be made to Houthi militiamen in Yemen.The spokesman for ...

 Mar 28 2015 - Hamas denounces EU terror list decisionThe Peninsula
(MENAFN - The Peninsula) Hamas on Friday denounced a European Union decision to keep the Palestinian Islamist group and de facto Gaza Strip ruler on its terrorism blacklist, despite a court ordering ...

 Mar 28 2015 - Qatar- 28th Qafco Flower and Vegetable Show opensThe Peninsula
(MENAFN - The Peninsula) The 28th edition of the Qafco Flower and Vegetable Show has witnessed nearly 500 competitors and 5,000 exhibits at Al Banush Club in Mesaieed.This year, the event has been ...

more...


 






Google

Internatinal Property Show

 
 

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