Bahrain Belgium Business & Networking Event

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On the 15th of May ,the ABLCC with the collaboration of  the Economic Development Board (EDB) Bahrain and the Embassy of Bahrain in Brussels, organized a Business Forum that have called  for closer trade economic links and cooperation between Bahrain and Belgium for the benefit of both countries. 

"Bahrain places great importance to its relation with Belgium, which have grown steadily over the years and we hope that today's event will become an annual fixture and enable us to consolidate our trade and economic relations", Said HE. Dr. Bahiya Jawad Al-Jishi, Bahrain Ambassador to Belgium,in her introductory remarks,  highlighting that Bahrain took the initiative to diversify its economy, referring to the recent discovery of significant reserves of oil and gaz estimated to be at least 80 billion barrels of tight oil and between 10 to 20 trillion cubic feet of natural gaz.

Secretary General, Mr. Qaisar Hijazin ( ABLCC) , noted that Belgian exports to Bahrain incresed by 3% , from 82 million euros in 2016 to 84  million euros in 2017. while Bahraini exports to Belgium went up by 58%, from 81 million euros in 2016 to 130 million euros in 2017,mentionning that Bahrain is a model for a successful trading hub.

Professor Laurent Marliere, President of the Brussels Based Islamic Economic and Legal Advisory Firm ( ISFIN), underlined that Bahrain is a leading fintech and start up hub, leading financial and Islamic Financial Body and Administrative hub. shedding the light on the incentives :
- lower costs of Business
- Easy entrance to Saudi Arabia

Simon Galpin, Managing Director EDB, Geert Hoevens Country Director EDB and Mahmood Daylami Secretary General of the Gulf Aluminium Councilalso addressed the gathering and presented the opportunities and facilities offered by Bharain to Foreign enterprises and businesses.

 

 

 

 

 

 

 

 

 

Egyptian Belgian Business Forum

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On the occasion of the visit of the Egyptian-Belgian Business Association (EBBA) Delegation, to belgium. The Arab-Belgian- Luxembourg Chamber of Commerce, along with the Embassy of Egypt in Brussels, organized a Business Seminar titled “Egypt and Belgium, endless opportunities for business synergies”, on Tuesday 13th of March 2018, in the hotel le Châtelain, Brussels.

On this occasion, the ABLCC organized a Business Seminar, followed by a lunch in presence of the delegation and B2B meetings, in this year’s edition, around 30 Egyptian Businessmen and more than 40 Belgian companies took part.

Secretary General, Mr. Qaisar Hijazin in his welcome remarks said that the forum represents a good occasion for Belgian entrepreneurs to find out more about the various business opportunities offered by Egypt,  expressed the great pleasure to welcome this important delegation for the eighth time, stressing on the good initiative and the precious collaboration of the Commercial Office-the Embassy of Egypt , furthermore he underlined the important role of Egypt as a leading Economy in the region.

Mr. Yahia Al wathik Bellah (Minister Plenipotentiary) Commercial Office-the Embassy of Egypt, underlined the importance of the new investment law that guarantees a number of protections for international investors to encourage new development in Egypt, the law contains policies to encourage significant and targeted investments.

H.E. Ambassador of Egypt to Belgium, Mr. Khaled El Bakly, stressed on the long history of friendship and collaboration between Egypt and Belgium, mentioning that before end of April a memorandum of Understanding will be signed between Egypt and EU in the framework of the preparation of Egypt to become an Energy hub for Mediterranean.

His Excellency underlined that the biggest solar station in the Middle east in build in Egypt,

The Country is taking important steps towards sustainability under a wise leadership," he stressed.

Furthermore Mr. Mohamed Youssef - GAFI (General Authority for Investment and Free Zones), presented the opportunities and facilities offered by Egypt to traders and businessmen, he gave a detailed overall view about the future major economy projects in the country.

Mr. Rafik Attia - Chairman of EBBA (Egyptian Belgian Business Association): Egyptian Belgian cooperation from a business perspective, he shed the light that Egypt have Money and infrastructure and need just to improve the research with expertise and know how, so he invited all the interested companies in various sectors to join the game.

The end of the seminar was marked by two testimonials from two Belgian companies in Egypt, Kellogs represented by Mr. Marco Montanaro – Director Public Affairs Europe, and Tractebel Engineering represented by Mr. Sven Goethals – Sales Manager

Qatar Chamber Business Delegation

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qatar delegation

On the 5th of March 2018, The Qatar Chamber and the Ministry of Economy and Commerce, along with the Embassy of the State of Qatar in Brussels,and the ABLCC, organized B2B meetings with more than 40 Qatari Businessmen attending the event, thanks to the collaboration of the Arab Belgian Luxembourg Chamber of Commerce, more than 40 Belgian enterprises responded to the invitation from various sectors, and showed a genuine interest for the Qatari Delegation, to explore potential business partnerships and opportunities between the two Countries.

Secretary General, Mr. Qaisar Hijazin expressed the great pleasure to welcome this important delegation and stressed on the good initiative and the precious collaboration of the Chamber of Qatar, mentioning that trade relations between the two countries amounted to 1.5 Billion Euro in 2015, and 900 Million Euro in 2016.

From his side, Mr. Ali Al Misnad , member of the board of the Chamber of Qatar , underlined the very dynamic and impressive development of Qatar and the diversified economy, inviting the Belgian partners to join the game and to collaborate with Qatari private sector and to share the Belgian expertise and know-how.

To bring this day to a close, B2B meetings was followed by a networking dinner that enabled participants from both sides to share experiences, and discuss potential areas of cooperation in developing closer relations.

 

تطور العلاقات العربية الأوروبية بين الطموح والتردد

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العلاقات بين العالم العربي والاتحاد الأوروبي علاقات تجارية وثقافية وسياسية واقتصادية تمتد جذورها في عمق التاريخ كونهما جاران متلاصقان يقعان على ضفتي البحر الأبيض المتوسط الذي يفصل بينهما ويجمعهما في آن واحد، وقد مرا عبر الزمن بفترات ازدهرت فيها العلاقات والمبادلات بينهما كما مرا بفترات صعبة إذا ما صح التعبير.

وبما أن الطرفان يرتبطان بمجموعة واسعة من المصالح المشتركة فمن البديهي أن تعزيز العلاقات بينهما في جميع المجالات هو مسألة ذات أولوية لكل من الاتحاد الأوروبي والعالم العربي. ومن المعروف أن العالم العربي يمد أوروبا بموارد الطاقة، بينما تقوم أوروبا بدور هام في تلبية الاحتياجات العربية للمشاريع التنموية ومن مختلف السلع المستوردة.

ABLCC hosts Kuwait Forum to boost trade, economic ties with Belgium

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High-ranking Kuwaiti diplomats and economic officials presented tremendous opportunities and facilities available for Belgian entrepreneurs to do business in Kuwait, at a conference held in Brussels Monday. The Kuwait Economic Forum (Kuwait Vision 2035) was organized by the Arab-Belgian-Luxembourg Chamber of Commerce (ABLCC) in collaboration with the Embassy of Kuwait in Brussels and with Kuwait Direct Investment Promotion Authority (KDIPA).

Mr.Qaisar Hijazin, Secretary General of ABLCC, in his welcome remarks said that the forum represents a good occasion for Belgian entrepreneurs to find out more about the various business opportunities offered by Kuwait and to confirm the place of Kuwait as a commercial and financial center. He underlined the important role of Kuwait to preserve stability in the region.

In turn, Kuwait's Ambassador to Belgium, EU , NATO and Luxembourg, Jassem Al-Budaiwi, in his welcome address said "Kuwait is in the best position of major oil exporting nations to have a balanced budget. "This is mainly due to our fiscal reforms, diversification, and our investment income. Kuwait's financial buffers have allowed the country to pursue an expansionary budget this year," he said. "Perhaps the best indication of Kuwait's fiscal health is our sovereign credit rating where major credit agencies have rated Kuwait positively," he noted.

Kuwait Assistant Foreign Minister for Economic Affairs Amal Al-Hamad, in her brief remarks, said "this is an opportunity for Belgian and European companies to have more in-depth knowledge of what is available as investments in Kuwait." She highlighted the importance of the forthcoming Kuwait Investment Forum, which will be on 20 and 21 March, under the patronage of His Highness the Amir. She noted that already 300 companies have registered to attend this forum in Kuwait.

Meanwhile, Cecile Jodogne, state secretary for the Brussels-Capital Region, in charge for foreign trade, in her keynote speech, underlined the importance Belgium attaches to its relations with Kuwait noting the Belgium established its embassy in Kuwait in 1965. "Since then we have maintained a dynamic political and economic relations," she said and praised Kuwait's role as mediator in the region. "I would like to take the occasion to praise Kuwait in its mediator efforts and setting up a dialogue with its neighbors," she said. Jodogne also noted the increased exchange of visits by officials and business community of both countries as a sign of growing partnership between the two friendly countries. "The increase in trade ties between Belgium and Kuwait will be beneficial for all of us present here. All the Belgian participants in this Forum are excited about Kuwait's 2035 vision" she stressed.

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Furthermore, Majed Al-Ajeel, Chairman of Kuwait Banking Association and Chairman of the Burgan Bank presented the opportunities and facilities offered by Kuwait's banking sector to traders and businessmen. He mentioned figures and statistics which shows that Kuwait has a solid banking sector and a strong regulatory environment, and said that the Kuwait banking sector has invested billions of dollars in major projects in the country.

Khaled Mahdi, Secretary General of the General Secretariat of the General Secretariat of the Supreme Council for Planning and Development, gave a detailed overall view of Kuwait's National Development Plan and spoke about future major economy projects in the country related with the 2035 vision. "Kuwait is taking important steps towards sustainability under a wise leadership," he stressed.

Mohammad Yaqoub, Assistant Director General for business development at KDIPA, also spoke about the National Development Plan and projects that KDIPA is working on to achieve 2035 vision. He also focused on the leading role played by KDIPA to strengthen the private sector and invited international companies to invest in projects in Kuwait noting that the country has a transparent legal system and a young and highly educated population. "We are the gate for Iraq, Turkey and Iran," he stressed.

Fadhel Al-Faraj Managing Director for Kuwait Petroleum in Northwest Europe, noted that Kuwait Petroleum Corporation is one of the world's largest integrated oil conglomerates and runs 8 subsidiaries in exploration and production, downstream, and transportation. He noted that KPC's international arm, KPI, has three offices in Belgium, Netherlands and Luxembourg and plans to maintain its strengthened position in the Benelux market focussing on the growth and quality of its networks.

Muthanna Al-Saleh, head of markets sector at Kuwait Capitals Markets Authority (CMA) in his speech gave an overview of CMA activities and noted that it is the oldest in the region. He said Kuwait Stock Exchange was the first exchange in the region which was established in 1983. Al-Saleh added that CMA has a robust legal and regulatory framework and enhances investor protection. He said that Boursa Kuwait (BK) is the only exchange in Kuwait and 177 companies are listed in BK. Among key CMA objectives are to attract more foreign and institutional investors to the market and enhance the efficiency of the overall market infrastructure, he said. The forum concluded with a lively question and answer session which showed the keen interest of Belgian businessmen to build partnerships in Kuwait.

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