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30 Polish Companies Set to Open Offices in Saudi Arabia

The Federation of Saudi Chambers has announced that 30 Polish companies are planning to set up offices in Saudi Arabia with full support and guarantees from the Polish government. This was confirmed by Krzysztof Gavkowski, the Polish Deputy Prime Minister and Minister of Digital Affairs, during a meeting in Riyadh on Monday.

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The meeting was held at the headquarters of the Federation of Saudi Chambers. It was attended by Saudi investors, officials, and representatives from both countries' government departments. The meeting was led by Hassan Al-Huwaizi, Chairman of the Federation of Saudi Chambers.

During his speech, Krzysztof Gavkowski said: "Saudi Arabia's achievements in technology, artificial intelligence, and digital progress are inspiring and a model for other countries in the Middle East." He also shared that many Polish companies have already received licenses to open headquarters and branch offices in Saudi Arabia.

Ibrahim Al-Mubarak, Assistant Minister of Investment and CEO of the Investment Marketing Authority, said: "Saudi Arabia is the best partner for Poland in areas like technology, data centers, communications, and artificial intelligence because it has one of the best digital systems in the world."

He also mentioned opportunities to work together in food security and agriculture. Ibrahim pointed out that Poland’s location makes it a great partner for Saudi companies wanting to connect with European and Arab markets.

Hassan Al-Huwaizi, Chairman of the Federation of Saudi Chambers, said: "This meeting follows the success of our recent visit to Poland. We want to work with Polish business leaders to increase trade between both countries, which is currently valued at $9 billion, and take it to even higher levels."

Abdullah Abu Dubeil, Chairman of the Saudi-Polish Business Council, added that the Polish companies are planning to open offices and headquarters in Saudi Arabia during the first quarter of 2025. He also shared that the Council is working with Saudi and Polish officials to create a joint plan that will help support this process.

Abdullah further announced plans to hold an exhibition for Polish companies in Saudi Arabia. The event will provide an opportunity for networking and help connect Polish businesses with local Saudi partners and opportunities.

This meeting showed the growing economic relationship between Saudi Arabia and Poland. It also highlighted their commitment to trade, investment, and business opportunities in the future.

Dec. 18, 2024 12:09 p.m. 671

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