The Saudi-Greek business meeting sheds light on investment opportunities in the two countries

news image

Beth: Under the joint organization of the Council of Saudi Chambers and the Greek Arab Chamber of Commerce and Development, the activities of the virtual Saudi-Greek business meeting were held yesterday (Wednesday) with the participation of Minister of Tourism Ahmed bin Aqil Al-Khatib, Minister of Tourism Harry Theoharis, Development and Investment Adonis Georgiadis of the Republic of Greece, and Chairman of the Council of Saudi Chambers Ajlan bin Abdulaziz Al-Ajlan, President of the Arab-Hellenic Chamber Harris Geronicolas, the Kingdom's ambassador to Greece, Dr. Saad Al-Ammar, and the Greek ambassador to the Kingdom, Alexis Constantopoulos. And a number of Saudi and Greek business owners.

Tourism Minister Ahmed bin Aqeel Al-Khatib stressed during his speech that the national tourism development strategy enhances the Kingdom's tendency to open up to the world through the tourism sector that the government is working to develop within the framework of Vision 2030. He looked forward to strengthening the partnership with Greece and investing in promising tourism opportunities in the Kingdom and cooperation in the field of Developing tourism offers, adding that tourism is one of the most growing economic sectors in the world and contributes to job creation, growth and economic diversification, and thus it is an essential part of the Kingdom's vision, and this includes attracting 100 million visitors annually by 2030 and increasing tourism’s contribution to the gross domestic product. 10% and creating one million jobs

He called on the Greeks to visit the Kingdom, strengthen the partnership in the field of tourism and explore promising investment opportunities, in light of the improvements being made by the tourism system to ensure the development of Saudi infrastructure and services provided in accordance with the highest international standards to meet the aspirations of companies and consumers.

The Greek Minister of Tourism, Harry Theoharis, expressed Greece’s readiness, with its technical knowledge, to participate in Vision 2030 in the tourism field, and to cooperate and contribute to promising investment opportunities, development of tourism products and facilities, real estate investment, hotels and the rehabilitation of guides, calling on Saudi investors to explore investment opportunities in his country, especially in the field of 5-star hotels.

Greek Minister of Development and Investment Adonis Georgiades said that the Kingdom and Greece have close ties, stressing their support in the Greek government to strengthen economic relations in light of the availability of many promising investment opportunities in various sectors in both countries.

In turn, Chairman of the Council of Saudi Chambers, Ajlan Al-Ajlan stressed the importance of the meeting as a distinct platform for the development of Saudi-Greek economic relations, as the volume of trade exchange reaches 7.1 billion riyals, noting the developments in the Kingdom under Vision 2030 and the promising business opportunities in it, the environment and investment incentives, calling on Greek business owners to benefit from These opportunities, create partnerships with their Saudi counterparts, and enter into investment in the fields of agriculture, animal production, food and pharmaceutical industries, as well as setting up a joint action plan to take advantage of opportunities and comparative advantages and address challenges that limit the growth of joint investments and product penetration and intensify visits and meetings in order to advance economic relations between the two countries.

For his part, President of the Arab Hellenic Chamber, Harris Geronikolas, said that the Kingdom plays an important role in energy and the global economy and has an ambitious economic vision that includes broad reforms and is a destination for foreign investment, while Greece is distinguished by its strategic location as a bridge linking the East and the West and meets all requirements in terms of commercial opportunities, geographical proximity and business climate. the appropriate

The meeting witnessed a discussion session with the participation of a number of Saudi and Greek specialists and business owners, which reviewed the investment opportunities available in both countries in various economic sectors.