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FINANCIAL NEWS
German firms to drive Saudi Arabia’s economy
09 Feb 2016
(MENAFN) German companies are sharing innovations in order to drive Saudi Arabia’s growth and youth development, which is the theme of the “Land of Ideas.”
Furthermore, showing the strong innovation chance, 60 percent of the Kingdom’s workers believe tech helps business increase.
Accordingly, the two sides enjoy strong trade relations, with USD 11.14bn in 2014, as stated from the German-Saudi Arabian Liaison Office for Economic Affairs.
“The Kingdom’s business leaders are among the most adept at adopting the latest technology solutions in cloud, mobility, and social media,” said Managing Director.
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