Saudi Gazette report
DAMASCUS — Saudi Arabia is collaborating within the 62nd Damascus Worldwide Honest because the visitor of honor. The truthful, which kicked off on the Damascus Fairgrounds within the Syrian capital on Wednesday, Aug. 27, will run by till September 5.
The Saudi delegation, participating within the truthful, contains officers representing a number of authorities entities, together with Ministry of Power, Ministry of Funding, the Saudi Export Improvement Authority, the Saudi-Syrian Enterprise Council, and the Saudi Export-Import Financial institution, in addition to greater than 80 firms from numerous sectors. The participation goals to spice up commerce and funding relations and showcase the competitiveness of Saudi services in regional markets.
The Damascus Worldwide Honest is likely one of the area’s main financial occasions, bringing collectively firms and entities from completely different international locations and sectors to debate funding alternatives, construct strategic partnerships, and discover new areas of cooperation. The truthful additionally highlights trendy traits and improvements that help financial progress and promote sustainability.
The Saudi entities collaborating within the truthful acknowledged that this version will witness the signing of a number of agreements and memoranda of understanding in numerous fields, together with power, renewable power, funding, and commerce, thereby contributing to the opening of latest horizons for integration between the 2 international locations.
This participation comes inside the Kingdom’s strategic method to increasing its presence in main regional and worldwide exhibitions and enhancing commerce partnerships throughout international markets, in help of attaining the goals of Saudi Imaginative and prescient 2030, which goals to diversify the financial base and improve the contribution of non-oil exports to the GDP.
