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
 Jun 30 2016 - Tennis: Roger Federer ends Willis' Wimbledon fairytaleMuscat Daily
(MENAFN - Muscat Daily) Marcus Willis'' Wimbledon fairytale came to an end against Roger Federer, but the British qualifier''s 6-0, 6-3, 6-4 defeat couldn''t ruin a day to remember for the new star ...

 Jun 30 2016 -  Tough love: psychology of Argentina's Messi relationshipMuscat Daily
(MENAFN - Muscat Daily) Like neurotic parents, Argentines swung from criticism to unconditional love for their star footballer Lionel Messi this week, providing the soccer-mad nation''s many ...

 Jun 30 2016 -  Cricket: Anil Kumble takes charge with eye on bowlersMuscat Daily
(MENAFN - Muscat Daily) Anil Kumble thinks a year - and 17 Test matches - is enough for India to make its mark on all three formats of cricket. Kumble''s one-year contract as coach of the national ...

 Jun 30 2016 - Golden age Hollywood starlet Olivia de Havilland turns 100Muscat Daily
(MENAFN - Muscat Daily) Paris- Screen legend Olivia de Havilland, who turns 100 on Friday, is the last surviving star from "Gone with the Wind" and one of the last great stars of ...

 Jun 30 2016 - Obama to campaign with Clinton, Trump shrinks gapMuscat Daily
(MENAFN - Muscat Daily) Washington- President Barack Obama will campaign with presumptive Democratic White House nominee Hillary Clinton for the first time next Tuesday, as a new poll shows a ...

 Jun 30 2016 - New York's Empire State Building to go dark for TurkeyMuscat Daily
(MENAFN - Muscat Daily) New York- New York''s famed Empire State Building will go dark on Wednesday in tribute to the 41 people killed and 239 wounded in a suicide attack at Istanbul''s main ...

 Jun 30 2016 -  Brazil has 'total confidence' in Olympics securityMuscat Daily
(MENAFN - Muscat Daily) Rio de Janeiro- Brazil has "total confidence" that it can ensure security for more than half a million tourists and athletes attending the Rio Olympics this August, ...

 Jun 30 2016 -  Eight killed as fire guts pharmacy in IndiaMuscat Daily
(MENAFN - Muscat Daily) Mumbai- Eight people were killed when a fire gutted a pharmacy in India''s financial capital Mumbai on Thursday, police said. One other person was seriously injured in the ...

 Jun 30 2016 -  Engine failure, errors by crew led to deadly Taipei crash: reportMuscat Daily
(MENAFN - Muscat Daily) Taipei - A plane crash in Taiwan that killed 43 people when a passenger jet plunged into a river was caused by engine failure and flight crew errors, a damning final ...

 Jun 30 2016 - NY entrepreneur swapping start-ups for charityMuscat Daily
(MENAFN - Muscat Daily) New York- After making millions before turning 40, a New York-based entrepreneur is dreaming of transforming charitable giving by bringing his start-up stardust and ...

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

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