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
 Nov 29 2014 - US- Eagles, Seahawks, Lions dominate on ThanksgivingThe Peninsula
(MENAFN - The Peninsula) Mark Sanchez threw for one touchdown and ran for another and the Philadelphia Eagles seized sole possession of first place with a 33-10 rout of the Dallas Cowboys on ...

 Nov 29 2014 - Tunisia- Anti-Israel protestThe Peninsula
(MENAFN - The Peninsula) Tunisian protesters burn Israeli flag during a rally to show their solidarity with Palestinians, in Tunis, yesterday. ...

 Nov 29 2014 - Bahrian- Show of solidarityThe Peninsula
(MENAFN - The Peninsula) Leading Shia clergyman Seyyed Mohammed AlGuraifi addressing crowds at an event expressing solidarity with Ayatollah Sheikh Isa Qassim (not pictured), Bahrain's top Shia ...

 Nov 29 2014 - Egypt crackdown adds to Gaza woesThe Peninsula
(MENAFN - The Peninsula) Already struggling under the weight of an Israeli blockade, Gazans are now feeling the effects of an Egyptian exclusion zone along their shared border that has sent prices ...

 Nov 29 2014 - Qatar- School celebrates Annual DayThe Peninsula
(MENAFN - The Peninsula) K C Abdul Latheef (left), President, Managing Committee, Shantiniketan Indian School, presents a memento to Dr Abdul Salam Ahmed, Managing Director, Media One, in the ...

 Nov 29 2014 - Qatar- Seasonal yards reopen on ThursdayThe Peninsula
(MENAFN - The Peninsula) Fresh vegetables will be available at prices 40 to 50 percent less than the market rates at the seasonal yards.The yards will sell vegetables, fruit, chicken, fish and ...

 Nov 29 2014 - Qatar- Qafco organises seat belt campaignThe Peninsula
(MENAFN - The Peninsula) Qafco, in association with Mesaieed Industrial City, conducted a safe driving campaign to increase awareness about the use of the seat belt.Khalifa A Al Sowaidi, CEO, Qafco, ...

 Nov 29 2014 - Qatar- 25 artists display their worksThe Peninsula
(MENAFN - The Peninsula) Twenty-five artists from various backgrounds showcased a rich and diverse array of their works at Katara Art Studios Outdoor Art Market held yesterday at Katara ...

 Nov 28 2014 - India says still searching for 39 workers seized in IraqArab News
(MENAFN - Arab News) NEW DELHI: India said Friday it was still searching for 39 construction workers abducted in Iraq in June denying a report claiming they had been executed by the Islamic State ...

 Nov 28 2014 - Gulf Asia approve steps to protect foreign workersArab News
(MENAFN - Arab News) KUWAIT CITY: Gulf and Asian labor ministers agreed Thursday on a series of initiatives aimed at boosting protection and improving conditions of employment for millions of foreign ...

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