01 December 2011
UAE firms are expected to increase exports of local products and services to Saudi Arabia’s booming construction sector over the coming year, according to Saed Al Awadi, the CEO of Dubai Exports.
Awadi’s comments came following an extensive business matchmaking event organised by Dubai Exports, an agency of the Department of Economic Development (DED), at the Saudi Build 2011 construction and building materials exhibition held in October in Riyadh, Saudi Arabia.
"Our successful participation at Saudi Build signifies a continuous growth of the country’s exports in the construction and building materials sectors. The business matchmaking event, one of our supports to UAE companies, provided them with a venue to meet with key buyers and increase their export opportunities in regional markets such as Saudi Arabia," he said.
The matchmaking event, which was attended by 35 local companies and more than 35 major Saudi buyers, resulted in sales and business leads of export opportunities, he added.