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Institutional event: Saudi-French Business Forum

Romain Lonchambon - 29-juil.-2015 13:58:27
2nd Saudi-French Business Opportunities Forum : An initiative of the Saudi-French Joint Commission Riyadh, Monday 12th & Tuesday 13th of October 2015 More information on the event soon... Main Partners: - Ministry of Commerce and Industry (Saudi Arabia) - Business France (French Trade Commission) - MEDEF International (France) - Saudi-French Business Council (CAFS) - Council of Saudi Chambers (CSC) - Direction Generale du Tresor (DGT - France) - Embassy of France in KSA (France)

3 MAJOR FRENCH TRADE DELEGATIONS VISITING SAUDI ARABIA

Romain Lonchambon - 21-mai-2015 14:11:13
Press Release A high-level French trade delegation comprising of over 33 prominent companies, met with leading Saudi Groups to discuss potential partnerships and business opportunities in fast growing sectors: electricity, telecommunications and poultry. The 3 Delegations of French business men, led by the “Chargé d’Affaires” of the Embassy of France, Mr. Eric Giraud-Telme have been able to meet with all important decision makers during this business trip, organized by BUSINESS FRANCE , the French Trade Commission in Riyadh, in cooperation with SEC, AL FANAR, STC, ZAIN, Ministry of Agriculture, ADF and many other partners. The bilateral trade between France and Saudi Arabia has gone up significantly through the past few years but are still far below the excellent political relations built up between the two governments. Total bilateral trade reached more than 10 billion euro in 2014, Saudi imports from France amounting to 2.9 billion euro while Saudi exports to France accounted for more than 7 billion euro.   Over 70 French companies have been active in the Saudi market with an investment estimated at 15 billion USD.       France was the 2nd biggest exporter of Poultry products to Saudi Arabia in 2013, with more than 150 000 tons sold to the Kingdom’s market. Between 2009 and 2013, our exports of poultry products to Saudi Arabia have increased of 64%, showing the excellent performance of French breeders and exporters and the steady growth of KSA consumption as well. Our market shares have progressed of 3 points during the same years, representing nowadays almost 20% of total imports. The Saudi poultry sector is currently undertaking major expansions, following the objective of the Saudi Government to reach auto-sufficiency. French companies understand very well the new evolutions and came to work closely with local breeders and producers to share their know-how and support them in reaching the new objectives targeted by the Saudi authorities.   Telecommunications equipment exports from France was estimated at 69 Million Euros at the end of 2014, growing 5,3% compared to the previous year (2013), and representing 2,3% instead of 1,9% in 2013, of total French exports towards Saudi Arabia. The increase of the share of French Telecoms equipment exports to KSA shows the strong and steady growth of this sector in this country. Saudi Arabia counts for 50% of the population below 24 years old, more than 14.3 million internet users with 53% Internet penetration rate and estimated 88% smartphone penetration rate in 2015. Saudi telecom operators such as STC, Mobily and ZAIN, are considered as strategic partners for the French services and equipment suppliers.   France was exporting electrical equipment for a value estimated to 493 million USD in 2014, against 433 million USD in 2010, representing an increase of our bilateral trade in this sector, of 14% during the past 4 years. Those numbers are far below the total imports of Saudi Arabia for electrical equipment that have progressed of 72,6% during the same period of time, representing a total of more than 17,7 billion USD at the end of 2013. SEC estimates that electricity consumption should reach 100 GW by 2040. French suppliers want to grab further market shares through the future developments of new power plants and transmission networks in the Kingdom of Saudi Arabia.   France is actively involved in the Kingdom’s diversification, job creation and training for the direct benefit of Saudi youth and with the support of French groups and SME’s settled locally or willing to work within KSA in the near future. Schneider Electric, leading electrical equipment manufacturer, heading the 3 visiting delegations, together with Bank Saudi Fransi and Naos International Human Resources Cabinet have shown the way to the new companies, during the past 3 days.   With the last official visit of Mr. Francois Hollande, President of France, in Saudi Arabia, on the occasion of the GCC summit organized in Riyadh beginning of May, the bilateral relations between the two countries has reached a new stage, through the existing strategic partnership that will allow significant reinforcement of trade and industrial ventures, and will facilitate major projects to be developed jointly in the forthcoming years. The visit of those 3 important delegations in Saudi Arabia is a another achievement demonstrating the fruitful and trustful relationship existing between France and Saudi Arabia, taking place before the organization of the Saudi-French Business Opportunities Forum to be held in Riyadh on October 12 th and 13 th with the support of the Saudi Ministry of Commerce and Industry.    

French sports-events companies keep on winning

Aurélien NEU - 03-août-2014 08:34:09
  French companies, building on their track record, have been successful domestically and internationally in this field. Innovative companies, which offer new products and technologies, find opportunities to showcase their solutions and grow . Seat Advert is a very young company that is revolutionizing the sporting experience: its small screens, as installed in stadiums, allow viewers to peruse ads and access real-time information, including game statistics. Seat Advert’s innovative solution has already found new clients in Mexico, with plans to expand into South America. The company has recently been awarded a contract for this year’s World Equestrian Games in Normandy, in North-Western France.   Esportec Eco-Industriel is yet another young innovative company developing natural and ecological surfacing solutions for outdoor spaces. ECO’STABIL®, its patented material, is made out of waste and can be combined with other recycled products. While many of the uses of this and other products are not entirely recreational, they can be used to create cycle tracks, equestrian paths and footpaths. Currently, the company exports to Morocco, Benelux countries and Switzerland: the potential for expansion of this eco-friendly material in export markets is considerable, as more and more international sports events require contractors to pay attention to environmental considerations.   Ms V Silberstein of UBIFRANCE explains that French companies are not afraid to take on the biggest challenges and, with their many successes, it is not surprising that, “They are approaching the market based on the biggest business opportunities, and these are the biggest international events, international football events, and Olympic Games. The criterion is not francophone and country specific and, now, UBIFRANCE is working with companies on all events.”     is working on all evenysevenyt s un point sur ce qui a été fait et les résultats sur ces support où nous retrouverons Cathe International opportunities will continue to grow, with the $100 billion in new investments expected at the 2022 World Cup in Qatar, $15 billion at the 2016 Summer Olympics in Rio de Janeiro and $30 billion for the 2018 World Cup in Russia.   Apart from the biggest prizes over the next decade, there is a diverse set of opportunities that can sustain a business in the coming years. For example, there are smaller but lucrative events that French companies can target through UBIFRANCE, including sales expositions in Almaty (Kazakhstan) and preparatory events in Saint Petersburg (Russia) for the 2018 World Cup, all in the next 12 months.   Furthermore, existing markets are always in a state of flux and French companies with good products and services are being rewarded with new contracts. Bodet , an equipment manufacturer specializing in scoreboards and video screens, is a prime example. Even though this French company has been present in the Middle East for more than 30 years, it recently acquired new business from Al Jazeera Sport Studios and in relation to stadiums in Abu Dhabi and Kuwait City.   While Ms Silberstein admits that, “The international sports-event market is extremely competitive,” it is also clear that many French companies, encouraged by expertise gained in their domestic market, are more than ready for the challenge. Besides, as she points out, “New opportunities and existing national markets will only grow over the next decade, with contracts that are so big that, if you have a small percentage of this contract, it is worth fighting for it.”   In conclusion, it is clear that French-based companies are poised to continue with their off-the-pitch success in this competitive market .   Further information about French companies:   > Tourism, Hospitality, Sport    

A Saudi-French Business Forum in Paris

Aurélien NEU - 30-mars-2013 12:20:09
The First Saudi-French Business Opportunities Forum will be launched in Paris on April 10-12 . The forum is organized on the Saudi side by the Ministry of Commerce and Industry, jointly with the Committee for International Trade of the Council of Saudi Chambers and the Saudi-French Business Council (CAFS). On the French side, the forum is organized by MEDEF International, the French Ministry of Finance (Treasury Department) with the participation of Ubifrance for the B2B’s. It will take place at the Grand Hotel Intercontinental. As the Saudi Gazette emphasized in an article published Saturday March 30 th , the French Ambassador to the Kingdom, His Exc., M. Bertrand Besancenot, mentioned that “more than 300 French companies will attend, while close to 200 businessmen and official representatives have already confirmed their participation in the Saudi delegation, emphasizing that the forum has got a strong political backing with the expected participation of four ministers from each side – representing a new step in the strengthening of the French-Saudi relationship.   The forum will include a plenary session and workshops on April, 11 th , a morning session and B2B’s on April, 12 th .   Full details can be found on the site www.sfbf.com and http://poolo.kermeet.com/C/medefv6/?Jpto=116&IdEvent=835 ).  
About
Business France is the national agency supporting the international development of the French economy, responsible for fostering export growth by French businesses, as well as promoting and facilitating international investment in France. It promotes France’s companies, business image and nationwide attractiveness as an investment location, and also runs the VIE international internship program. Founded on January 1, 2015 through a merger between UBIFRANCE and the Invest in France Agency, Business France has 1,500 personnel, both in France and in 70 countries throughout the world, who work with a network of public- and private-sector partners. For further information, please visit: www.businessfrance.fr Saudi Arabia: Business France has two offices in KSA : the Head Office in Riyadh (within the French embassy), and a branch in Jeddah (within the French Consulate). Business France in Saudi Arabia supports between 100 and 150 French companies each year, through individual

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