Saudi-Slovak Business Forum’s First Meeting Aims to Enhance Trade Relations

Over 50 companies from Slovakia are seeking to establish trade and investment partnerships with Saudi Arabian businesses through a special business forum. The first meeting of the group was held in Riyadh, where delegates from both countries discussed ways to cultivate their relationship and boost economic ties. Slovak firms are exploring opportunities in the Saudi market that have emerged from ongoing projects under the Kingdom’s Vision 2030 program. The sectors being looked at include contracting, real estate, tourism, energy, healthcare, and information technology. The Saudi-Slovak Business Forum is expected to increase the trade volume between the two countries, which rose 56% from 2021 to reach SR1.2 billion ($320 million) last year.