Aberdeen event on emerging opportunities in Saudi Arabia

Attendees stand on an escalator as they move through the interior of the King Abdulaziz Center for World Culture during a tour of the project in Dhahran, Saudi Arabia, on Friday, Nov. 25, 2016. When completed, the project designed for the Saudi Arabian Oil Co. (Aramco) will contain diverse cultural facilities, including an auditorium, cinema, library, exhibition hall, museum and archive. Photographer: Simon Dawson/Bloomberg

An event highlighting emerging opportunities in Saudi Arabia is being hosted in Aberdeen next month.

Energy services giant Wood will be taking part, along with the Saudi-British Joint Business Council (SBJBC) and the Saudi Arabian General Investment Authority (SAGIA).

Saudi Arabia is one of the largest producers and exporters of oil, and accounts for 25% of all Gross Domestic Product of the Arab world.

There are wide-scale diversification plans in place for the Saudi economy to move away from oil and gas, with large government investment incentives for a variety of industries.

Aberdeen-based Wood has been working with state-owned Saudi Aramco for over 30 years.

Wood’s vice president Keith Dagleish will share his experience and give advice for firms looking to trade in the country, covering exporting services available to the UK.

The SBJBC will focus on how to win and keep work in the country, outlining new opportunities as well as covering some cultural “misconceptions”.

Meanwhile the SAGIA will discuss the investment incentives being offered by the country.

The event is being hosted by the Aberdeen and Grampian Chamber of Commerce (AGCC) at the Palm Court Hotel on May 24^th.

More information can be found here.

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