17 Saudi Exports Companies Compete in Arab Health 24 in Dubai

The Saudi Export Development Authority, known as “Saudi Exports,” is making a significant appearance at the “Arab Health” exhibition in Dubai, 2024, according ti SABQ Online Newspaper.

This event, scheduled from January 29 to February 1, 2024, is showcasing the “Made in Saudi Arabia” brand.

A special “Saudi Manufacturing” pavilion will feature 17 premier Saudi companies in the healthcare sector.

Strategic Participation to Boost Global Presence of Saudi Healthcare Industry

This participation is strategic, aiming to elevate local industries. It seeks to establish new export avenues for Saudi healthcare firms in both regional and international arenas. This effort is in line with Saudi Exports’ commitment to bolster the global presence of Saudi products and expand their market share.

Pharmaceutical Sector: Promising Industry in Saudi Arabia

The pharmaceutical sector in Saudi Arabia is witnessing remarkable growth. Over the past five years (2019 to October 2023), exports in this sector reached a staggering 8.69 billion Riyals. The sector’s primary importers are the United Arab Emirates, followed closely by Iraq and Egypt. This trend highlights the sector’s increasing influence and potential in the global market.

Saudi Exports’ Role in Enhancing Kingdom’s Image, Trade Mark

Saudi Exports’ active role in this prestigious event reflects its dedication to advancing the Kingdom’s global image and trade mark. By participating in major global economic and trade events, Saudi Exports aims to enhance the Kingdom’s international market presence.

This strategy does not only promote the superior quality of Saudi products but also fosters connections between Saudi exporters and international buyers. Consequently, this increases the global market share of Saudi products.

Additionally, it aligns with the objectives of Saudi Vision 2030, focusing on elevating the proportion of Saudi exports in the Kingdom’s non-oil domestic product.

This visionary approach underlines Saudi Arabia’s commitment to diversifying its economy and strengthening its position as a global trade hub.

 

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