SAUDI ARABIA

Saudi-European Forum to discuss investment opportunities in camel sector

March 13, 2022

RIYADH — Seven companies from Belgium and Luxembourg specializing in health, events and horses present their investment capabilities and opportunities with the International Camel Organization and the Camel Club through a forum that includes Saudi businessmen, affiliates of the Chambers of Commerce and local camel owners, organized by the Camel Club.

The European-Saudi Trade Forum for Investors in the Camel Sector, which will be launched Monday, will discuss options for work, cooperation, project creation and exchange of experiences within the framework of the official economic and trade mission to Saudi Arabia, organized by Belgium and the Grand Duchy of Luxembourg.

Chairman of the Board of Directors of the Camel Club and Chairman of the Board of Directors of the International Camel Organization Fahd Bin Falah Bin Hathleen said that the camel sector is growing rapidly, pointing out that King Abdulaziz Camel Festival achieved popularity with participation of more than 2,000 camel owners, and increased the buying and selling processes by about 30% over the previous years.

The forum aims to develop partnerships between the Belgian and Saudi private sectors in various activities related to camels, which will be reflected in the development of the sector. — SPA


March 13, 2022
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