Australia, Saudi Arabia trade expo to be held in Riyadh in October

RIYADH: Agriculture, healthcare, and education are among the sectors that will benefit from a new conference aiming to boost partnership deals between Saudi Arabia and Australia. 

Set to be held from Oct. 21 to 22 at the KAFD Conference Centre in Riyadh, the inaugural Aussie Expo will also see a focus on technology, infrastructure, and mining.

The event is being organised by the Trademark Group of Companies – a conglomerate dedicated to facilitating the expansion of Australian businesses into the Kingdom and the broader Gulf Cooperation Council region, as well as supporting businesses from these areas in entering the domestic market.

According to the UN Comtrade database, Australia’s exports to Saudi Arabia stood at $789.65 million in 2023. On the other hand, the Kingdom’s exports to Australia amounted to $702.75 million over the same 12-month period

“For the past two and a half years, Trademark Group of Companies has been committed to creating a bridge between Australian and Saudi Arabia businesses. For the first time ever, an Australian exhibition that showcases Australian talents, products, and services to the region will be proudly held in Riyadh, Saudi Arabia. I would like to thank all stakeholders involved in ensuring the success of this event,” Sam Jamsheedi, chairman and founder of Trademark Group of Companies, said. 

On June 1, Trademark Group of Companies opened its office in Riyadh, eyeing economic opportunities in Saudi Arabia and providing a platform for Australian companies to explore and deepen trade ties with the Kingdom.

Guided by the theme “Accelerating Partnerships, Unlocking New Opportunities,” Aussie Expo Riyadh 2024 will showcase excellence across various industries, according to its website. 

This will be achieved through a series of conference sessions and workshops during which key government officials, industry leaders, decision-makers, and entrepreneurs from both countries will converge. 

These networking opportunities are expected to be a major draw for attendees, providing a platform to explore potential partnerships that drive mutual success.

Renewable energy and sustainability as well as tourism and hospitality, retail and consumer goods, and transport and logistics will be discussed at the evemt

Talking to Arab News on the sidelines of the Australian Saudi Business Networking Event in Riyadh earlier in June, Australian Ambassador Mark Donovan said the opening of the Trademark Group of Companies’ office in the Kingdom  would help both countries explore investment opportunities in various sectors.

Earlier in May, Saudi Arabia and Australia signed an agreement to improve cooperation across multiple sectors and strengthen bilateral trade ties.

The Australia Saudi Business Council and Forum and the Export Council of Australia signed an agreement to boost collaboration in industry, mining, food, technology, and artificial intelligence, with an aim to enhance opportunities for Australian exporters to work with Saudi entities, strengthening bilateral cooperation.