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Exclusive Interview: Meeting of the Saudi Estonian Business Council

In an exclusive interview on the sidelines of the Biban Conference, LEADERS had a fascinating conversation with Taavi Einaste executive manager of Nortal Company in the Middle East.

“We are a leading digital consultancy and have recently moved our regional headquarters to Riyadh, Saudi Arabia. We are very happy to be here,” said Einaste.

 

36 Financial and Investment Entities Enhance the Diversity of Financial Support Sources at the Biban Riyadh Forum | Monsha'at

  • Can you tell us about the importance of your participation today in the Biban Forum?

 

I’m excited to announce that today marks the first working meeting of the Saudi-Estonia Business Council. We had the honor of welcoming Estonia’s Minister of Economy and Industry, Mr. Erkki Keldo, to join us for this important occasion.

 

  • How do you Support Businesses and Entrepreneurs?

We believe that setting up the business council will support businesses and entrepreneurs from both countries. We see great interest among Estonian companies to trade with Saudi businesses. We believe that Estonian companies can make a significant contribution to achieving the Vision 2030 goals in many industries such as tourism, food security, education, technology, and digitalization. In fact, there are opportunities across multiple sectors.

 

Moreover, for companies aiming to enter the European Union market, Estonia stands out as one of the most efficient business environments in Europe. We are pleased to assist Saudi companies interested in investing in Estonia.

اتفاقيات دولية وإطلاقات مليارية في "بيبان24" | صحيفة مكة

 

  • What about the opportunities in Estonia ?

 

First and foremost, Estonia is a really good place for trade because we have direct access to over 500 million consumers in the European Union. Trading with these consumers from Estonia is also very simple, with very low taxes.

 

Estonia also has a very efficient business climate. All business dealings can be done online, and we have a favorable tax regime, with no corporate income tax, which I think is always important for entrepreneurs.

 

We have a highly qualified digital workforce, making it possible to set up digital companies and startups. Moreover, we have a strong investment community, particularly in the startup sector. If you want to find the next unicorn in Europe, I think Estonia is a very good place for investors.

 

The "Biban Riyadh" Forum Witnesses a Significant Turnout from Small and Medium-sized Enterprise Owners and Entrepreneurs

 

Biban Forum 24

It is worth mentioning that “Biban Forum 24” contributes to supporting entrepreneurship, meeting entrepreneurs’ aspirations and aligning with their aspirations. It promotes communication between entrepreneurs, peers, investors and decision makers. The Forum provides 10,000 investment opportunities and hosts 5,000 domestic and international investors. In addition, it provides a platform to share innovative ideas, share experiences and provide optimal solutions to overcome challenges.

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Monsha’at, Major Banks Partner to Boost Entrepreneurial Financing at Biban 24

Biban 24 Forum to Host Entrepreneurship World Cup Finals with $1 mln Prize Pool

 

 

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