OIC Trade Fair to feature 30 member states participation

RIYADH; More than 30 OIC member states will take part in the upcoming 15th OIC Trade Fair, which will kick off with the support of Custodian of the Two Holy Mosques King Salman in Riyadh on May 22.
The event is being organized by the Ministry of Commerce and the Investment Authority in cooperation with the OIC, the Islamic Center for Development of Trade (ICDT) and the Council of Saudi Chambers (CSC) at the Riyadh International Convention Center and Exhibition.
The main objective of the trade fair is to introduce the products, industries and services of the OIC member states, as well as to raise the level of trade exchange and to promote the investment opportunities among the member states and also to deepen cooperation in various economic fields among the member states.
The fair will provide an ideal platform to project the investment opportunities of the OIC countries and give an opportunity for OIC businessmen and investors to open new markets for their products and services.
The OIC Trade Fair is held every two years in one of the Islamic countries. This session will witness the participation of more than 30 Islamic countries, including Saudi Arabia, Qatar, Bahrain, the UAE, Egypt, Palestine, Morocco, Tunisia, Indonesia, Malaysia, Iraq, Sudan, Mauritania, Pakistan, Bangladesh, Maldives, Turkmenistan, and other OIC countries.
The largest will be the Saudi Pavilion to be located on 1050 sqm. It will display a wide range of its goods and products. Its nonoil exports have reached more than 100 countries in the world, with a trade balance of more than SR200 billion annually.
This OIC Trade Fair gives businessmen and commercial institutions many opportunities for cooperation in the private sector in various fields such as finding new markets for the products and services, establishing joint ventures, providing funding for bilateral trade, identifying the available opportunities for cooperation in industrial projects and expanding the trade exchange among OIC member states.
The OIC Trade Fair will witness the participation of a number of trade sectors and activities such as construction, infrastructure development, alternative and renewable energy, oil, gas, mineral resources and related services, services, equipment, medicines, furniture and home furnishings, agriculture, food, water desalination and related services, electrical appliances, household tools, industrial equipment, machinery, cars, factory machines, machines, textiles, garments, cosmetics, perfumes, tourism, therapeutic and educational services.
The fair is co-sponsored by the Saudi Post, Almarai company, Kingdom Holding Company, Zainal Inc., Saudi Research and Marketing Group, Assir Inc. for Trading & Tourism and Jabal Omar Inc.