{"id":218753,"date":"2024-02-26T11:30:46","date_gmt":"2024-02-26T09:30:46","guid":{"rendered":"https:\/\/www.monaco-tribune.com\/?p=218753"},"modified":"2024-02-29T18:31:10","modified_gmt":"2024-02-29T16:31:10","slug":"meb-saudi-trade-mission-highly-promising-success","status":"publish","type":"post","link":"https:\/\/www.monaco-tribune.com\/en\/2024\/02\/meb-saudi-trade-mission-highly-promising-success\/","title":{"rendered":"MEB\u00a0: Saudi\u00a0trade mission\u00a0&#8216;highly promising success&#8217;"},"content":{"rendered":"\n<p><strong>A substantial delegation of Monegasque entrepreneurs\u00a0took part in the trade mission hosted by the Monaco Economic Board (MEB) in Riyadh\u00a0from January 23-27. The\u00a0participants heralded the success of the trip.<\/strong><\/p>\n\n\n\n<p>47 companies, some\u00a062 businessmen and women,\u00a0made up\u00a0&#8220;the\u00a0largest delegation in years&#8221;, such is the attraction of the Middle East\u2019s\u00a0economic powerhouse.<\/p>\n\n\n\n<p>Needless to say, the three-day trip was anything but improvised, with careful preparation having taken place\u00a0throughout 2023. Firstly, two\u00a0reconnaissance missions\u00a0served\u00a0to identify opportunities and meet potential partners. Then,\u00a0nearer the time, specific intercultural\u00a0training,\u00a0provided by\u00a0MEB member\u00a0La Classe,\u00a0helped delegation members\u00a0learn about\u00a0culturally-appropriate\u00a0behaviour\u00a0when dealing with local contacts.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-an-intense-3-day-programme\">An intense 3-day programme<\/h2>\n\n\n\n<p>The\u00a0intense\u00a0programme began with presentations\u00a0about the country itself and its rapidly evolving\u00a0business\u00a0environment, including\u00a0testimonials from Monaco-based companies\u00a0that already deal with Saudi Arabia or already have a presence in the Kingdom.<\/p>\n\n\n\n<p>Day 1<strong> <\/strong>continued with\u00a0meetings with potential institutional partners, followed by\u00a0a premium reception at the Saudi Arabian Chamber of Commerce in Riyadh. It ended with an opportunity\u00a0to meet and exchange ideas with potential customers at the <a href=\"https:\/\/www.monaco-tribune.com\/en\/2023\/05\/the-beefbar-voted-best-meat-restaurant\/\">Beefbar Monaco in Riyadh<\/a>, which has been representing\u00a0the Principality&#8217;s\u00a0<em>art de vivre<\/em>\u00a0there since June 2022.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-from-desert-to-garden-party\">From desert to garden party<\/h2>\n\n\n\n<p>On Day 2, the mission delegates were desert bound, where they were treated to legendary traditional Saudi hospitality in\u00a0a Bedouin camp. The local business figures were curious to learn more about the Principality from its first ever visiting trade mission.<\/p>\n\n\n\n<p>A garden party, at the invitation of Monegasque residents who are very well-connected in Saudi Arabia, brought together the entire delegation and a number of foreign dignitaires, among others.\u00a0\u00a0The trip\u00a0ended with a visit to the at-Turaif District in ad-Dir&#8217;iyah\u00a0to discover\u00a0the huge project to rebuild and extend the centre of Riyadh from\u00a0the UNESCO world heritage site,\u00a0a project whose ambitious nature reflects that of the country as a whole.<\/p>\n\n\n\n<p>The <strong>Riyadh\u00a0E-prix\u00a0<\/strong>took the delegation over the finish line.\u00a0<\/p>\n\n\n\n<p>Many\u00a0of the participating\u00a0companies\u00a0came away highly satisfied with what they had seen and heard. Saudia Arabia is a young and still relatively unknown country, with huge business potential for those who manage to establish strong links. Mission accomplished for this delegation, by all accounts.\u00a0<\/p>\n\n\n\n<p class=\"related\"><a href=\"http:\/\/monaco-tribune.com\/en\/2024\/01\/monaco-economic-board-sets-sights-on-saudi-arabia\/\" target=\"_blank\" rel=\"noreferrer noopener\">Monaco Economic Board sets sights on Saudi Arabia<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A substantial delegation of Monegasque entrepreneurs\u00a0took part in the trade mission hosted by the Monaco Economic Board (MEB) in Riyadh\u00a0from [&hellip;]<\/p>\n","protected":false},"author":58,"featured_media":218756,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[247,243],"tags":[661],"post_sectags":[4812],"post_format":[2465],"class_list":["post-218753","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-news","tag-meb","sectag-saudi-arabia","format-in-brief"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.5 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>MEB\u00a0: Saudi\u00a0trade mission\u00a0&#039;highly promising success&#039;<\/title>\n<meta name=\"description\" content=\"A substantial delegation of Monegasque entrepreneurs\u00a0took part in the trade mission hosted by the Monaco Economic Board (MEB) in Riyadh\u00a0from January\" \/>\n<meta name=\"robots\" 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