SAOGE focuses on oil and gas industry's progress

Updated 22 November 2015

SAOGE focuses on oil and gas industry's progress

DAMMAM: The 7th edition of the Saudi International Oil and Gas Exhibition (SAOGE) opens at the Dhahran International Exhibition Center in Dammam on Monday. The three-day expo is being held with the support of Eastern Province Gov. Prince Saud bin Naif.
Dhahran Expo CEO Mohammed bin Hamad Al-Hussaini said: "We are extremely proud for this honor that Prince Saud is extending to SAOGE 2015; this is a further award to the ever-increasing importance of SAOGE as the best-attended and premier oil and gas exhibition in Saudi Arabia".
The three-day show aims to highlight the development of products in the oil and gas industry, which has taken a pivotal position in the Saudi economy, compared to other commercial industries in the Kingdom, and to other countries that do not have the hydrocarbon raw material, the official said.
He said that gas and oil are the basic raw materials for the manufacturing and consuming industries, in addition to being a key material in the production of a myriad of other chemicals.
He said the Eastern Province (EP) ranked first in the manufacturing materials industry and in the number of factories specialized in those industries, which require the identification of appropriate opportunities to develop the sector, and identify how to increase its products, without direct dependence on raw materials, but the resulting industries.
The SAOGE, which attracts the oil and manufacturing industries’ major investors, will include many contributions and offers from key industry professionals to review the most prominent developments, the new global research and studies in the field of oil industries, its development and protection under the current circumstances, Al-Hussaini added.
The exhibition is an important linking point for companies, distributors and suppliers in the oil sector. It aims at promoting investment by attracting more capital that will contribute in the launch of many projects in the most important national industry sectors in the EP.
Moreover, SAOGE will review through its activities the latest products in the oil industry, the major challenges facing the sector, in addition to many of the solutions that have contributed to raising the level of performance and improve the related services.

Indonesia looks for investment opportunities in Yemen

Updated 20 September 2019

Indonesia looks for investment opportunities in Yemen

  • Indonesia’s ambassador to Yemen expressed Indonesia’s interest in various fields
  • There are currently more than 2,500 students from Indonesia studying in Hadramout

DUBAI: Indonesia’s ambassador to Yemen discussed investment opportunities in the country with Yemeni officials in Hadhramout on Thursday, Saba News reported.

Hadhramout Local Authority and Leaders of Industrial and Commercial Chamber of Hadramout met with Ambassador Mustafa Tawfiq to discuss ways to strengthen trade exchange between the two countries.

The ambassador expressed Indonesia’s interest in various fields including scholarship programs and training for small business.

“In light of the current situation in Hadhramaut and the security and stability achieved, commercial and industrial relations between Hadhramaut and Indonesia are witnessing a remarkable and significant development in this aspect,” Tawfiq said, calling for increased visits between businessmen in Hadramaut with their Indonesian counterparts to expand the economic partnership between the two sides.

Meanwhile, Assistant Deputy Governor of Hadhramout for the Valley and Desert Districts Affairs, Abdulhadi Al-Tamimi welcomed Indonesia’s interest in investment opportunities, praising the historical relations between Yemen and Indonesia.

There are currently more than 2,500 students from Indonesia studying in Hadhramout, Al-Tamimi said.

The Indonesian envoy welcomed local businessmen to visit Indonesia next month where Jakarta will hold the 43rd Trade Expo where more than 1,100 companies will be participating.

However, the Yemeni official raised the issues of obtaining visas to Indonesia after the embassy’s move to Amman, Jordan from Sanaa after the Houthi militia took over the Yemeni capital.