Mosa bin Abdul-Aziz Al-Mosa Real Estate Holding Group has participated in the Saudi-Sudanese Economic Forum as a strategic sponsor, which was organized by the Council of Saudi Chambers on April 13 and 14, 2013, in the capital Riyadh, in cooperation with the General Union of Sudanese Employers and with the wide participation of representatives of the public and private sectors in the two countries.
While the Secretary General of the Council of Saudi Chambers, Eng. Khalid Al-Otaibi, indicated that the forum comes within the framework of strengthening and activating economic relations in its commercial and investment sides between the Kingdom and Sudan, as the forum is one of the recommendations of the Saudi-Sudanese Joint Committee in its last session. Stressing that the forum aims to clarify the components and investment opportunities available in Sudan, and to discuss aspects of the existing and expected partnership between the business sectors in the two countries, in addition to working on overcoming the obstacles facing some Saudi investors in the sisterly Republic of Sudan.
Al-Otaibi pointed out that the forum represents one of the mechanisms that the two sides rely on in pushing trade and investment relations between the two countries to further progress and prosperity in the coming years, pointing to the efforts of the Saudi-Sudanese Business Council, which is chaired by the Saudi side, Shaikh Saleh Kamel, and its role in developing these relations to a wider space that meets the aspirations of the business sectors in both the Kingdom and Sudan and serves the common interests of the two brotherly countries and peoples.
It is expected that the sessions of the forum will address investment and trade opportunities available in Sudan and the general policies related to that, along with a presentation of Saudi investment experiences in Sudan. In addition to workshops, an exhibition and meetings between Saudi and Sudanese businessmen to introduce the projects available in Sudan.
It should be noted that the volume of trade exchange between the Kingdom and Sudan amounted to 3.42 billion riyals in 2011. While livestock (sheep, goats, cows, and camels) are the Kingdom’s most important imports from Sudan, the most important commodities that the Kingdom exports to Sudan include chemical, plastic and paper materials.