SMEs can play key role in boosting Saudi exports

20/04/2012 07:52 AST

Saudi small and medium enterprises (SMEs) can play a pivotal role in increasing Saudi exports through their participation in trade fairs in Germany, said Commissioner of the German Ministry of Industry and Commerce in the Kingdom Andreas Hergenrother.

The commissioner, speaking in a lecture organized by the SME Committee at Riyadh Chamber of Commerce and Industry (RCCI), said Saudi-German trade ties have experienced remarkable development in the last few years which led to the increase of trade exchange between the two countries.

He said the coming period will witness more Saudi companies joining Germany’s big fairs and exhibitions.

The commission has been active in providing support to Saudi firms including legal services, business visits, finding partners, marketing consultancy, and selection of appropriate fairs.

Through participation in German trade shows, Saudi firms could explore new markets and partners that will increase Saudi exports to Germany, he said.

The commission has shown extreme concern over the SME sector for its role in pushing Saudi exports upwards through their participation at international exhibitions held in Germany.

The commission has embarked on the allocation of a pavilion for Saudi companies at certain trade fairs in Germany such as Hanover and Cologne to showcase their products within the context of the Saudi exports development program, he said.


Arab News

Most Viewed Companies

Ticker Price Volume
SABIC 114.77 5,915,941

Recent News

Saudi Public Investment Fund signs agreement with Six Flags to create amusement park in Riyadh

05/04/2018

Saudi Arabia's Public Investment Fund (PIF) has signed an agreement with Six Flags to develop and design an amusement park in Riyadh. Six Flags, the world’s leading international amusement park compa

Arab News

Green energy drive will boost KSA employment: Saudi Arabia’s renewable energy chief

05/04/2018

In an exclusive interview with Arab News, Turki Mohammed Al-Shehri explains how an expanding renewables industry will boost employment as well as pave the way for a greener future.

A massiv

Arab News

Dubai house prices, rents drop in first quarter of 2018

05/04/2018

Dubai’s residential property market continued to soften in the first three months of this year, in line with analysts’ forecasts, with rental values recording a more pronounced fall than sales prices

The National

Saudi Arabia lifts GCC index buoyed by strong oil prices

05/04/2018

Buoyed by a strong oil price of $70 per barrel, Saudi Arabia’s Tadawul shot up by over 6 per cent in March 2018, according to Kuwait Financial Centre’s (Markaz’s) recently released Monthly Markets Re

Times of Oman

Banks’ real estate credit at QR147.7bn

05/04/2018

Qatar banks’ combined credit facilities to real estate sector rose by QR17bn to QR147.7bn in 2017. The banks’ credit to various sectors stood at QR911bn at the end of 2017, up from QR839bn recorded i

The Peninsula

logo

Financial Information Co.

P.O. Box 69410, Riyadh 11547, Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2024, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap