Saudi-Polish Business Support Company in Warsaw to boost economic ties

Launch of Saudi-Polish Business Support Company
Image Courtesy: SPA | Cropped by GBN
By Shilpa Annie Joseph, Official Reporter
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Saudi Ambassador to Poland Saad bin Saleh Al-Saleh has inaugurated the headquarters of the Saudi-Polish Business Support Company in Warsaw.

The company was established by the Federation of Saudi Chambers, represented by the Saudi-Polish Business Council, with the participation of several officials and business owners from both countries.

The Saudi-Polish Business Support Company serves as a true foundation for economic integration between Saudi Arabia and Poland, highlighting the strong, strategic ties between the two friendly nations, which have endured for over nine decades.

The establishment of the company aligns with the Kingdom’s growing economic importance under its ambitious Saudi Vision 2030, along with its large-scale initiatives and events such as Expo 2030 and the 2034 World Cup. Poland ranks as the sixth-largest economy in Europe and the 21st-largest globally.

Key Contributions of Saudi-Polish Business Support Company

The new platform offers an opportunity for collaboration in promising sectors, including technology, where Poland ranks third globally for the quality and quantity of its programmers. Meanwhile, the Kingdom plans to invest over $100 billion in artificial intelligence (AI).

The Saudi-Polish Business Support Company will contribute to creating new economic entities that will be a strong addition to the economies of both countries, especially in the priority sectors of agriculture, energy, industry, tourism, food security, technology, and logistics.

According to the statement, the company will work on supporting business and investment links, promoting cooperation between the Saudi and Polish business sectors, and establishing joint economic ventures. It will also work to introduce investment opportunities and enable Saudi and Polish companies to enter each other’s markets as well as other international markets.

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