Developments included a memorandum of understanding (MoU) between the Council of Saudi Chambers, British Chambers of Commerce and SAGIA (Saudi Arabian General Investment Authority) to facilitate trade and investment; an MoU between SBJBC
UK and Institutional Investor to promote deal flow and knowledge exchange in the technology sector and further action to support SME development including SBJBC
's third SME Partnership Forum in London on April 24.
Coinciding with the significant visit of the prime minister, SBJBC
is holding a meeting in Dammam where the agenda includes a review of progress made so far, and outlining concrete steps to fulfill official policies whereby the private sector from the UK plays an important role in supporting the Saudi Vision 2030.
Keynote speakers included Peter Meyer, CEO, Middle East Association, Tobias Ellwood MP, Minister for the Middle East, Simon Collis, British ambassador to Saudi Arabia, Nasser Almutawa Alotaibi, co-chair, Saudi British Joint Business Council, Baroness Symons, co-chair, SBJBC
, Imad Al-Abdulqader, director of Investment Promotion, SAGIA, Emad El-Dukair, CEO, The Care Group, Lord Tom King, special trade envoy to Saudi Arabia, and Vic Annells, director of trade, UKTI Saudi Arabia.