Council of Saudi Chambers holds KSA-Bulgarian business forum

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Saad stressed that Saudi Arabia needed effective means to enable Bulgarian and Saudi companies to open new channels of investment. (SPA)
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Saad stressed that Saudi Arabia needed effective means to enable Bulgarian and Saudi companies to open new channels of investment. (SPA)
Updated 23 March 2019
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Council of Saudi Chambers holds KSA-Bulgarian business forum

  • The Bulgarian Minister of Economy praised the bilateral agreements between Saudi Arabia and Bulgaria and highlighted the three important documents signed in 2016 and 2017
  • “We are currently working on an agreement to promote and protect the investments,” Karanikolov said

RIYADH: The Saudi-Bulgarian Businessmen Forum at the headquarters of the Council of Saudi Chambers in Riyadh on Friday discussed the development of trade and the signing of investment agreements between the two countries.
Vice Chairman of the Council of Saudi Chambers Munir bin Saad met Bulgarian Minister of Economy Emil Karanikolov, Bulgaria’s first ambassador to Saudi Arabia, Dimitar Abadjiev, and a Bulgarian business delegation.
Saad stressed that Saudi Arabia needed effective means to enable Bulgarian and Saudi companies to open new channels of investment in health care, tourism and leisure, renewable energy and information technology.
He said that he hoped that the meeting would be the beginning of a dialogue that would contribute to increasing trade between the two countries, which had reached $269 million by 2017. He looked forward to the support provided toward the cooperation between both sides to build fruitful partnerships, adding value to both countries.
Munir bin Saad called on Bulgarian companies to invest in the Kingdom and exploit the promising investment opportunities. He stressed Saudi business’s readiness to benefit from the resources and components of Bulgaria and to open new horizons of cooperation.
The Bulgarian Minister of Economy praised the bilateral agreements between Saudi Arabia and Bulgaria and highlighted the three important documents signed in 2016 and 2017 — the memorandum of understanding on Cooperation in Tourism, the Double Taxation Agreement and the Agreement on Mutual Cooperation in Agriculture and Livestock.
“We are currently working on an agreement to promote and protect the investments,” Karanikolov said. “We also expect the establishment of a joint committee between the Bulgarian government and Saudi Arabia for economic cooperation,” he said, adding that the Bulgarian government was prioritizing its trade and industrial relations with Saudi Arabia and would support all initiatives that serve cooperation between the two countries.


Saudi pilot Yasmeen Al-Maimani’s 1st flight celebrated

Hail International Airport and Nesma Airlines celebrated the first official flight of Saudi pilot Capt. Yasmeen Al-Maimani. (GACA)
Updated 25 June 2019
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Saudi pilot Yasmeen Al-Maimani’s 1st flight celebrated

  • Yasmeen Al-Maimani has a commercial pilot’s license (CPL) from the US

RIYADH: The Saudi General Authority of Civil Aviation (GACA), represented by the management of Hail International Airport and Nesma Airlines, celebrated the first official flight of Saudi pilot Capt. Yasmeen Al-Maimani, 29, on Sunday.
Al-Maimani made her first official flight between Hail International Airport and Prince Nayef bin Abdul Aziz International Airport in Qassim, becoming the first Saudi woman to fly a commercial aircraft as a co-pilot with Nesma Airlines.
She received the opportunity after the airline advertised vacant positions for co-pilots on its New Pilots Program — 11 were accepted, including Al-Maimani, who has a commercial pilot’s license (CPL) from the US.
Following their acceptance into the program, the pilots underwent a four-stage training regimen at Prince Sultan Aviation Academy in Jeddah, including practice on multi-engine planes with multiple crews.
Ground training using an ATR 72-600 aircraft at Nesma Airlines’ training center in Hail followed, before progressing to simulators in Jakarta and Madrid.