Egypt Investment Forum, Cairo, February 3-4, 2018

Upon the invitation of the Federation of Egyptian Chambers of Commerce, our Chamber had the opportunity to participate in the 3rd Egyptian Investment Forum held in Cairo on 3 and 4 February 2018. 

Several Egyptian Ministers presented the main strategies implemented for certain key economic sectors such as transportation, energy, housing and real estate. These are fields where input from, and cooperation with, the Swiss industry and commercial actors are highly regarded and expected.

Visit of Saudi Business delegation to Switzerland,  March 12-16, 2018

Many CASCI members had the opportunity to meet with the business delegation, while the Secretary General of CASCI participated in the meetings as our official representative.

The Saudi delegation activities started with a meeting of the Saudi Swiss Business Council in Zurich, during which they also met with members of the Swiss Business Association Saudi Arabia (SBASA) as well as representatives of the State Secretariat for Economic Affairs (SECO), the State Secretariat for International Finance (SIF), and Swiss Global Enterprises (S-GE). The Saudi delegation presented the investment opportunities available in their country, as well as a success story by representatives of ARAMCO.

Their program continued with two forums in Zurich and Geneva, where they made numerous presentations on economic developments and the new vision in Saudi Arabia.

We had a very fruitful and enriching roundtable discussion with their Saudi Partners for trade and investment in both countries.

Meeting of the joint Swiss-Saudi Economic Committee, Bern, September 12, 2018

Upon the invitation of SECO, CASCI’s Secretary General participated in a group of representatives of the Swiss private sector, joining the official Swiss delegation in this meeting, chaired by H.E. Ambassador Erwin Bollinger, Head of Bilateral Economic Relations at the SECO.

Both sides reviewed bilateral trade, economic, and financial relations. The Swiss Business Hub has helped Swiss SMEs do Business in the Saudi market, while Swiss investments in Saudi Arabia exceeded 900 million Swiss francs in 2016.

The Saudi delegation was led by Mr. Ibrahim Al Omar, Governor of the Saudi Arabian General Investment Authority (SAGIA), who gave a presentation on the Economic Plan under the vision 2030. They explained various economic reforms, including providing opportunities for women to participate in economic activities, removing barriers to customs clearance, facilitating the issuance of visas for foreign business people, and improving the legal system to resolve trade disputes. The session concluded with bilateral meetings between private sector representatives from both sides, including members from our Chamber, where they discussed possibilities for future cooperation.