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
 Sep 1 2015 - GCC USD61b railway project under constructionMENAFN
(MENAFN) According to Meed Projects, railway and metro projects worth a total of USD61 billion are currently under construction in the Gulf Cooperation Council (GCC) region.Out of the overall ...

 Sep 1 2015 - Sharjah's business activity up 13.6 percent in H1MENAFN
(MENAFN) Sharjah's business activity registered an increase in the January-June period of 2015 as the number of new licenses issued by the Sharjah Economic Development Department (Sedd) rose to ...

 Sep 1 2015 - UAE- Chaos at uniform stores as parents turn rowdyKhaleej Times
(MENAFN - Khaleej Times) Related Photos Kids in UAE go back to school "Come touch me and see what I will do" said a woman parent in response to another man who ...

 Sep 1 2015 - Rogo's offers party packages for childrenKhaleej Times
(MENAFN - Khaleej Times) Rogo's, the UAE'S first and only roller coaster-inspired casual dining concept, has some special party packages for kids. Combining fun, food and a behind-the-scenes insight ...

 Sep 1 2015 - UAE- Help child abuse victims speak out urges officialKhaleej Times
(MENAFN - Khaleej Times)Social workers can play a key role in guiding child abuse victims to overcome their past and lead a normal life a top official has said. Mohammed Rashid Al Dhanhani Chairman ...

 Sep 1 2015 - Making Abu Dhabi art centricKhaleej Times
(MENAFN - Khaleej Times)On September 2 singer songwriter and guitarist Toshi Reagon is inviting the Abu Dhabi audience to experience something new - a concert that blends science-fiction with ...

 Sep 1 2015 - Surveys in Dubai will now need approvalKhaleej Times
(MENAFN - Khaleej Times)Surveys and research studies in Dubai should be conducted by qualified and competent entities and according to internationally accepted scientific methodologies and ...

 Sep 1 2015 - UAE- Sultan bin Zayed named Man of Arab HeritageEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) MUSCAT 31st August 2015 (WAM) - H.H. Sheikh Sultan bin Zayed Al Nahyan the President's Representative and Chairman of the Emirates Heritage Club has been ...

 Sep 1 2015 - UAE- UOWD highlights top Master's programmes to meet Expo2020 job market requirementsEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI 1st September 2015 (WAM) -- Ahead of the start of their autumn term the University of Wollongong in Dubai UOWD has highlighted key Master's programmes ...

 Sep 1 2015 - TCA Abu Dhabi unveils branding and social media integration boost for website listingsEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI 1st September 2015 (WAM) -- Abu Dhabi Tourism and Culture Authority TCA Abu Dhabi has unveiled a refreshed look and feel for its ...

more...


 






Google

Click to Apply

 
 

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