13/02/2014
During a meeting with General Director of the Gulf Indian Chamber yesterday
Alwabil calls for the development of Indian investments in the Saudi market
The Secretary General of the Chamber Abdul Rahman bin Abdullah Al-wabil Received on Thursday 13 February 2014, Director General of the Islamic Chamber of Commerce, Gulf Indian in Nagpur Mohammed Daoud Khan and Salman stated Board Member Ahmed who have visited the Chamber within the program of the visit to Saudi Arabia aimed at strengthening economic relations between the United Kingdom and India in many areas. The meeting at the headquarters of the Chamber in Dammam exchanged views on many issues of common interest, in particular the reality and the future of economic relations between India and the GCC countries, particularly Saudi Arabia and ways of developing them. The barrage that economic relations between Saudi Arabia and India is steeped in history, with some depth, diversity and privacy, enshrined in the case of the permanent presence of employment and Indian companies and products on the market, confirming the depth of this relationship, and that there are broad prospects for development and expansion, and the development of a joint investment projects.
The barrage to the existing investment climate in Saudi Arabia, particularly in the eastern region (capital of the industry of the Gulf), which is an opportunity for Indian investments and motivating them to take place within the foreign investment system under which dozens of projects in the Kingdom, particularly in the commercial and industrial sectors. The Secretary General of the Chamber stressed on the importance of organizing exhibitions of catalogues, exchange of trade delegations between the two sides and as a viable means of promoting trade exchange between the two countries.
For his part, Director General of the Islamic Gulf Indian Chamber of Commerce Mohammed Daoud Khan comes within a visit program to the Saudi Chambers to activate cooperation with them, pointing out that there are a number of projects and investment ideas presented and discussed, most notably in the area of health, educational, technical and industrial, as well as to discuss employment issues. He said that the Chamber is considering strengthening the Indian presence in the Saudi market and provide a new image of the products and services offered by top Indian companies, which serve the Saudi economy called on Saudi businessmen to visit India and take advantage of investment opportunities that support economic partnership and the commercial display. In conclusion, the Secretary General of the Chamber Abdul Rahman bin Abdullah alwabil honored the Director General of the Islamic Chamber of Commerce Mohammed Daoud Khan with Memorial shield.
