Arab Today, arab today sauditurkish business bridge launched
Last Updated : GMT 18:13:02
Arab Today, arab today
Arab Today, arab today

Regional economic developments

Saudi-Turkish business bridge launched

Arab Today, arab today

Arab Today, arab today Saudi-Turkish business bridge launched

President of JCCI Saleh Kamel, Secretary General Ekmeleddin Ihsanoglu,Prime Minister Ali Babacan and Vice President Ahmet Ciger  
Jeddah - Arabstoday

President of JCCI Saleh Kamel, Secretary General Ekmeleddin Ihsanoglu,Prime Minister Ali Babacan and Vice President Ahmet Ciger   Deputy Prime Minister of Turkey Ali Babacan and Chairman of the Jeddah Chamber of Commerce and Industry (JCCI) Saleh Kamel jointly launched a bridge for business and investments between Saudi Arabia and Turkey in Jeddah on Wednesday.
The launch took place at a meeting of a Turkish business delegation led by Babacan and Saudi businessmen organized by the JCCI.
“One of the major features that makes Saudi Arabia attractive to investors abroad is its prompt response to international and regional economic developments. This fact has been attested by the Kingdom’s spectacular jump in international business ratings,” Babacan said, commending the business-friendly atmosphere in the Kingdom.
The deputy premier said his country’s delegation would discover and offer more investment opportunities in both countries.
As members of the G20 and topmost economic powers in the Middle East and the Near East, cooperation between the two countries was of special significance, he said.
He added that both countries had proved their economic robustness during the global economic meltdown. He attributed the economic power of the two countries to their sustained and shrewd financial and monetary policies.
Babacan said the members of the Turkish delegation were specialized in areas of textiles, ready-made clothes, leather, construction and construction materials, infrastructure, property development, copper, plastic, iron and steel pipes, energy, natural gas, solar energy and packing. The delegation also represented investment companies in agriculture, fertilizers, mining, furniture, doors, carpets, glass and timber.
Besides, the delegation is interested in investments in foreign trade, retail trade and cattle, poultry and fish farms, paper industry, printing, publication, promotion, and banking besides areas of medicine, cosmetics, electrical appliances, automobile spare part, food material and vegetable oil.
“The best way to achieve further economic development in the Kingdom and Turkey is to invest and make use of the natural resources and human potential in an ideal manner besides boosting business and investment relations between the two countries,” Saleh Kamel said on the occasion.
Kamel stressed the importance of strengthening channels of mutual cooperation and building a bridge of cooperation, especially in the face of challenges from various economic blocs in the world.
While Saudi Arabia exported $2.4 billion worth of products, Turkey’s export to the Kingdom stood at $2.1 billion, he said.
“We hope to double the balance of trade between the two countries in the coming years,” he added.
He said with Saudi investments in 200 companies in Turkey, the Kingdom had taken a front position among foreign investors in Turkey.
He said the Kingdom aimed to construct six economic cities that would contribute $150 billion to GDP and create 1.5 million job opportunities in 2020.
 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sauditurkish business bridge launched Arab Today, arab today sauditurkish business bridge launched

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sauditurkish business bridge launched Arab Today, arab today sauditurkish business bridge launched

 



Arab Today, arab today Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today
Arab Today, arab today

GMT 08:23 2017 Saturday ,24 June

Actress Feryal Yussef received new drama offers

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday