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17.06.2024

Business Opportunities in Kingdom of Saudi Arabia

Business Opportunities in Kingdom of Saudi Arabia

The Slovak Investment and Trade Development Agency (SARIO) organized a webinar entitled " „Business Opportunities in Kingdom of Saudi Arabia (KSA) “, which took place on 10th of June 2024 and was attended by more than 40 companies from various sectors.  The most represented sectors were ITC,  food& beverages, innovative and smart technologies, furniture & wood processing , aviation & aerospace, but also electrotechnics, medicine & healthcare , textile, energy sector (incl. renewable energy sources ), defence and machinery sector.

The webinar, which took place via the online platform ZOOM, aimed to provide participants with relevant information about the possibilities and opportunities of doing business in the territory of Saudi Arabia, also within the context of cooperation with the newly established Saudi-Slovak Chamber of Commerce that presented its services and goals.

During the webinar, all these issues were clarified by renowned speakers:

  • Peter Blaškovitš, President of the Saudi-Slovak Chamber of Commerce

  • Rakan AlGaarawi, Associate Office Director of the Ministry of Investment of KSA

  • Matúš Šárský, Director of the Department of International Relations, EXIMBANKA SR

  • Matúš Holeša, CEO of company STTA, a.s. who presented its successful entry into the KSA market

Within the Q&A session, speakers explained to the participants, in particular, specific questions, what possibilities and opportunities are available for Slovak businesses in KSA and how they can penetrate to KSA market and participate in various projects, as well as how to find suitable business partners in KSA. 

As revealed by several feedbacks from participants, the webinar provided very useful and informative very well-founded content. Thanks to renowned speakers, with their experiences directly from the territory, it gaves concrete answers to specific questions of the participants and provided them with valuable information and instructions on how to navigate and successfully establish themselves in the demanding KSA market.

At the same time, for SARIO the webinar provided an opportunity to identify new business entities that are interested in this territory and to get acquainted in more details with the agenda that they are solving when doing business with   this territory.