SBF signs two MOUs to help Singapore companies seize opportunities in the Kingdom of Saudi Arabia
The re-launched SSBC would serve as a regular and recognised forum to promote interaction and increase trade and economic cooperation in training, services, human resources development, healthcare, and information technology sectors between both countries. The Council includes a Chairperson and two Vice-Chairpersons from each country, along with several council members. It is chaired by Mr Muhammad Mustafa Bin Siddiq from Saudi Arabia, and Dr Shazad Nasim from Singapore. The SSBC is scheduled to convene in Singapore during the second half of 2024.
Singapore business interest in the UAE is strong especially in Abu Dhabi and Dubai, with several Singapore companies having secured projects in the oil, water and waste treatment sectors1. Singapore and the UAE have substantial trade and investment linkages, and total bilateral trade between the UAE and Singapore amounted to S$29.8 billion in 20222. Through this mission trip, SBF reaffirms its relationship and commitment to fostering closer trade and investment ties between our business communities through the meeting held at Dubai Chambers and visits to ecosystem partners in Abu Dhabi and Dubai.
Friday, 20 October 2023DOWNLOAD AS PDF