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Newsletter | October 2019


German-Saudi Business & Event News

Dear Partners and Friends,
Not only the former US President Barack Obama visited the global leading startup conference
Bits and Brezel in Munich this week, also our two winners of the GESALO Startup Competition in July (SADEEM Technology and YouPositive) from Saudi Arabia had the opportunity to participate. Check out our Social Media accounts to follow Mr. Mustafa Mousa (SADEEM) and Ms. Zahra Al Mohana (YouPositive) during their journey in Munich. 

Besides startups, another focus of the GESALO activities were localization programs in the oil and gas industry in the month of September. 40 representatives of German companies accompanied by the German Ambassador and the GESALO team had the opportunity to visit the Aramco headquarters in Dammam and got an insight into IKTVA as well as the Spark Energy Park.
 
In October the ITB, the world-leading tourism fair is opening its doors in Singapore. With the recent developments to promote Saudi Arabia as a new and exciting tourist destination, we look forward to enhancing the bilateral relationship through this sector, while Saudi Arabia is offering business opportunities for operators and investors.
 
I am looking forward to meeting you all at our Business circles in Jeddah and Riyadh during the month of October.
Also stay tuned as we will soon announce the next round of our German-Saudi Startup competitions for 2020! 

With best regards,
Dr. Dalia Samra-Rohte
Delegate of German Industry & Commerce for Saudi Arabia, Bahrain and Yemen

Business Delegation visit SPARK / IKTVA Saudi Aramco

           Great response of the German Business Community to the GESALO invitation to visit Saudi Aramco

In order to support the diversification of its economy Saudi Arabia has embarked on several localization programs. For German companies conducting business in the kingdom, the In-Kingdom Total Value Add (IKTVA) program is one of the most relevant and of great importance for the companies.

Therefore, the German-Saudi Arabian Liaison Office for Economic Affairs (GESALO) highly appreciated the opportunity to follow an invitation by Saudi Aramco on the 17th of September into their headquarters to learn more about the IKTVA program as well as the King Salman Energy Park (SPARK). GESALO was able to mobilize 50 German company representatives and was visit was accompanied by the German Ambassador H.E. Jörg Ranau.

The event was based on the kind invitation of the Chairman of the Board of SPARK,
Mr. Mohammed Al-Qahtani. After a few welcoming words from Mr. Mohammad Al-Assaf,
VP of New Business Development (King Salman Energy Park), Dr. Samra-Rohte the newly assigned Delegate of the German Industry, welcomed the guests, introduced herself, and expressed her gratitude towards Saudi Aramco for hosting the German business community. H.E. Jörg Ranau followed with welcoming remarks in which he offered his gratitude to be in such a rewarding host country.

With a comparison of the different localization programs in the region, Dr. Constantin Frank-Fahle from Schlüter Graf law firm, focused on IKTVA and the importance for companies in enhancing their business relations with Saudi Aramco.
Dr. Frank-Fahle was followed by Mr. Majid Almohammed, Supervisor of the IKTVA Action Plan, who introduced the IKTVA program.
A large number of the company representatives took the opportunity to follow-up with some questions.
Mr. Mishal Al-Saab, Director of Investments and Business Development, opened the second topic of the day and gave an overall presentation of SPARK, followed by an impressive movie clip, showcasing the capabilities and progress of the Energy Industrial zone.
Spark offers an excellent set up in order to implement IKTVA for companies.

All participants took the opportunity to participate in a networking session afterwards.

GESALO Premium Platinium Partners 2019 


German-Saudi Businesswomen reception


Saudi and German businesswomen gathered at the residence of the German Ambassador to celebrate the arrival of Dr. Dalia Samra-Rohte as the new delegate of the German Saudi Arabian Liaison office for economic affairs as well as our colleague Hanna Riehle as a representative of GTAI (Germany Trade and Invest).  

Mrs. Milena Dech, Head of the Economic Section of the German Embassy, highlighted the fact that the 3 pillars of German trade (the Economic Section of the German Embassy, the German Chambers Abroad Network and Germany Trade and Invest) are now represented by women in Saudi Arabia, which is a great signal for the Saudi-German Business community.   

In the welcome speech given by the 3 ladies, Mrs. Dech underlined that this was an excellent opportunity to network for the growing female business community and Dr. Samra-Rohte concluded that this would be just the start of a round of female networking events.

In the discussions during that night, the group of ladies concluded that it was important for women to build their network and to support and mentor each other in their respective careers. 

This evening served as an opportunity to get to know each other beyond the professional side and included lots of shared laughter and anecdotes in a relaxed atmosphere.

The bonds created will surely help to further tighten Saudi-German collaboration.   

We would like to thank H.E. Jörg Ranau, the German Ambassador and especially his wife Heike Ranau, for hosting this event on their premises.

Join the German-Saudi Businesswomen Network! Please contact: Hanna Riehle

Interpack Press Conference

          GESALO welcomed the guests & the offical represenatives of the Interpack2020
at the Moevenpick Hotel Riyadh
Many industry-relevant companies as well as journalists accepted GESALO's invitation and attended the official press conference for the Interpack trade fair that will take place next year from the 7th to 13th of May in Düsseldorf.
Interpack focuses on packaging solutions and related process technology, addresses target groups in the fields of food, drinks, confectionery, bakery products, pharmaceuticals, cosmetics, non-food consumer goods and industrial goods.
The very popular Trade Fair was represented in this event by Mr. Bern Jablonowski (Global Portfolio Director of the Messe Düsseldorf) as well as Mr. Christan Traumann (CFO of Multivac and the new president of the Interpack 2020). 

After a short welcoming remark of Mrs. Iman Staab (GESALO, Head of Trade Fair & Marketing), she handed over to the gentlemen who took the attendees on an impressive (virtual) tour through numbers and facts of the popular Trade Fair.

During their presentation, the gentlemen discussed various important aspects of the fair, as well as answered questions from the attending participants. They did point out, that although the exhibition spaces for the fair are already fully booked, it is always possible that, due to short notice cancellations, availabilities come up.
Therefore, every exhibitor, who wants to participate, should apply anyway.
Especially smaller exhibition areas could possibly become available.

The question and answer session after the presentation and the joint lunch were a great possibility for all guests to exchange and network.

For further information regarding the Interpack please contact: Mr. Asif Ansari

Saudi Business News

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27.09.2019 | Tourism
Visitors will discomver that Saudi Arabia is a land of great diversity
13.09.2019 | Culture
World-famous drummer to help put SAudi talent on global stage
10.09.2019 | Business News
Saudi ministry announces regulatory changes for private health facilities
08.09.2019 | Business News
Stripped-back auto show mirrors German car industry gloom
More News

GESALO Cooperation Partner


Upcoming Events

09.10.2019 | Riyadh
Business Circle
28.10.2019 | Riyadh
Business Circle
All Events

GESALO Gold Partners 2019


Mark your calendar!

From 24th - 28th of November 2019, a trade mission to Saudi Arabia comprising up to eight German companies offering sustainable technologies and smart solutions in the field of Solar Energy will take place in Riyadh.

On the 25th of November, GESALO will organize a Symposium in Riyadh that will showcase the expertise and the latest energy solutions from Germany and Saudi Arabia.

This conference provides a forum for networking, specialist talks, discussing current developments, and the policy environment for smart energy solutions.

If you are interested in cooperating with German companies, GESALO will organize individual business meetings at your request throughout the mentioned week.

This way you can gain insights into the products and services they offer and explore common business opportunities.
For further information please contact: Mr. Jan Müller


Trade Fairs

16. - 18. October
Singapore


ITB Asia is an annually held three day B2B trade show and convention for the travel industry; it is designed to become the primary event for the Asia Pacific travel industry, much like its parent event – ITB Berlin.
Now in its twelfth year in Singapore, ITB Asia will be taking place at Marina Bay Sands. It is organised by Messe Berlin (Singapore) Pte Ltd.
Today, ITB Asia is the premier meeting place for the travel trade industry and a forum for establishing high-quality customer contacts and conducting businesses.

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16 - 23. October
Düsseldorf

K 2019: A world of pionieers
In the future, economic success will increasingly hinge on the successful fusion of the digital world with the worlds of production processes and product development pipelines.
This calls for a creative pioneering spirit. The broad spectrum of K 2019 provides the globally unique level of quality and diversity that form the basis of this most important business platform.





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Our Pick of the Month

Cinema: Born a King, before Saudi Arabia, there was the young Faisal

Born a King tells the extraordinary true story of 14-year-old Faisal, the younger son of the first King of Saudi Arabia, who in 1919 is sent on a diplomatic mission to England.
In the frenetic post-WWI atmosphere, Faisal becomes the first Saudi Royal to visit the UK on a politically precarious trip lasting 5 months. Faisal ultimately became the hugely popular King of Saudi Arabia (1964-1975), implementing modernization and reform.
Although the film is not a Saudi production, Vicente Gomez still wanted to work jointly with Saudis.
The producer thus chose to surround himself with a Saudi novelist in the writing of the film’s script. “I started writing the script and went to a Saudi novelist, Badr Al-Samary, who helped and guided me through the first steps of the story,” he explained.
Shot between London and Riyadh for seven weeks, it is in Prince Abdulaziz bin Fahad’s farm in Diriyah that most of the shots were taken.
The film crew was composed of 200 crew members, half of whom were Saudi.
The movie is now playing in the cinemas in the Middle East in arabic and english and will soon also be available on Netflix.

Contact

Iman Staab
Head of Trade Fair & Marketing

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 German-Saudi Arabian Liaison Office for Economic Affairs (GESALO)

Iman Staab
Futuro Tower, 4th Floor, King Saud Road P.O. Box 61695
11575 Riyadh
Saudi Arabia

+966-92 000 5863
staab@ahk-arabia.com