JEDDAH — YBA Kanoo Company signed a partnership agreement with the French National Railway Company (SNCF) during the Saudi-French Business Opportunities Forum held recently in Riyadh. The signing ceremony was attended by the representatives from Ministry of Foreign Affairs and Ministry of Commerce of both the countries. The event was also attended by representatives of the “Saudi French Business Opportunities Forum", prominent businessmen, investors, academics and specialists.
The agreement was signed on behalf of YBA Kanoo Company by the member of their board of directors - Ahmed Fawzi Kanoo who is also the Area Manager of the company's operations in the Western Province.
Speaking on the occasion, Ahmed Fawzi Kanoo said “the main objective of the agreement between YBA Kanoo Company Ltd. and the French National Railway Company is not only to strengthen the relationship between Kanoo and SNCF for the development of the National Railway Project, but also to further strengthen the business relationship between the Kingdom of Saudi Arabia and France.”
Moreover, he said “YBA Kanoo Company feels honored getting the opportunity to work with established French companies like SNCF.”
He added that “since YBA Kanoo Company has expertise in the field of logistics, shipping, freight forwarding and commercial trade, this partnership is bound to produce positive results which will further help to strengthen the commercial relationship between the two countries.”
