Saudi Arabia - The Saudi Export Development Authority has signed a strategic partnership agreement with Abdullah Al-Othaim Markets Company in Riyadh, the signing ceremony was attended by Eng. Saleh Al-Sulami the General Secretary of the Saudi Export Authority and by Mr. Abdulaziz Abdullah AL-Othaim CEO and Board Member of Abdullah Al Othaim Markets Company.

The agreement between Saudi Exports and Abdullah Al Othaim Markets Company aims to promote and increase Saudi exports the supply and promoting of Saudi products represents a major part of Othaim Markets company mission in retail and wholesale trade through its branches in Egypt.

The products targeted for export, are those of Saudi origin produced by licensed factories in KSA, holding export certificates that qualifies them to export and appoint agents or distributors in Egypt.

As part of its mission and responsibility to promote and develop Saudi exports; the authority will provide all necessary enablers and support in accordance with the procedures and regulations.

Engr. Saleh Al-Sulami the General Secretary of the Saudi Export Authority said : "this agreement fortifies the Authority efforts to support local exporters and promote their products in the international markets; in accordance with Saudi 2030 vision aiming to increase the non-oil exports from 16% to 50% of the total value of GDP. inline with our wise leadership aspirations to diversify sources of income for the national economy.

Al-Salami stressed agin to invite all Saudi exporters who have agents or distributor in Egypt and whose products are targeting the Egyptian market to complete the online registration on Saudi Exports website in order to enroll them in the support programs in accordance with the authority rules and regulations

“We are pleased to sign the agreement with the esteemed authority “ Mr. Abdul Aziz Abdullah Al Othaim, Board Member and CEO of Abdullah Al Othaim Markets Company said. He also added : "We highly commend the efforts of (Export Authority) in supporting exporters and promoting their products and services to expand in the international markets.”

Mr. Abdulaziz Al-Othaim stressed on the importance of the strategic partnership between the government and private sectors to achieve the 2030 Saudi vision to diversify sources of income for the national economy under the leadership of our wise government led by the Custodian of the Holy Mosques King Salman bin Abdulaziz and his Crown Prince Muhammad bin Salman, Mr. Abdulaziz Al-Othaim pointed out that the company has exerted tremendous efforts and adopted aggressive expansion strategies in the international markets supporting the export of the Saudi high quality products reflecting the quality and importance of Saudi products supplied by the company wholesale and retail outlets abroad.

Copyright: Arab News © 2019 All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.