Saudi Electricity Company Secures SAR 13.4 Billion Financing Facilities to Finance Long-term Growth, Saudi Arabia-Egypt Electricity Interconnection Project    Large fire Erupts on Greek Island of Thasos, Village evacuated    Disney overtakes Netflix in battle for subscribers    Crimea airbase badly damaged after explosions, satellite images show    South Korea's Heavy Rain Casualties Rise to 11 Deaths, 8 Missing    Pact inked for $49 million additional Saudi development loan for Albanian road project    MoE seeking public opinion on opening Saudi branches of foreign universities Academic excellence is on top among the criteria    Crown Prince to patronize second Saudi International Maritime Forum in November    Saudi Arabia Is Set to Host Arab Radio & TV Festival in November    Real Madrid Wins European Super Cup for 5th Time in History by Beating Frankfurt    Custodian of the Two Holy Mosques receives written message from Bangladesh president    KSrelief Distributes Over 42 Tons of Food Baskets in Taiz Governorate, Yemen    KSrelief holds joint meeting with UNHCR and WHO in Poland    Qatar Stock Exchange Ends Trading Higher    Saudi National Beach Soccer Team Arrives in Morocco to Participate in Casablanca Beach Soccer Cup 2022    Saudi Stock Exchange Main Index Ends Trading Higher at 12431 Points    Ministry of Finance, National Debt Management Center Sign MoU with SNB Capital on Development, Launch of Individual Savings Sukuk    Whale winched out of French river in rescue mission    How Aamir Khan adapted Forrest Gump to Bollywood Laal Singh Chaddha    Agricultural Development Fund Signs Contract to Finance Importing 130,000 Tons of Barley with Value of SAR 150 Million    Custodian of the Two Holy Mosques Congratulates Head of Transitional Military Council and President of Chad on Independence Day    Fast food giant Domino's pulls out of the birthplace of pizza    WHO calls for optimizing brain health to benefit people and society    GASTAT: Industrial Production Index increases by 20.8% in June 2022    More breathing devices needed for premature babies born in Ukraine    Ukraine war must end with liberation of Crimea: Zelensky    'Rise of the Witches': Biggest series to be ever made in Saudi Arabia    SAR trains carry over 2.3m passengers, 6.75m tons of goods in H1 of 2022    Victory becomes the sweetest for Al-Marzouki with a warm touch of motherly affection    Korean girl group Blackpink to play in Riyadh during 2023 world tour    Buraidah date festival sales exceed SR62m in one week    Manchester United must let Ronaldo leave, says Rooney    Saudi Arabia wins gold in Special Olympics Unified Cup in Detroit    Saudi team for Special Olympics Unified Football wins gold medal of World Cup    Evergrande gets $818m as football stadium land deal canceled    Egyptian U20 Football National Team Beats Algerian Counterpart to Qualify for 2022 U-20 Arab Cup Final Match    Saudi Arabia to Participate in the 5th Islamic Solidarity Games in Turkiye    Association of Culture and Arts in Dammam Announces Winners of "International Video Art Forum"    Slaughterhouses of MEWA received more than 600,000 sacrifices in 3 days of Eid    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    MoH Activates Sign Language to Communicate with Pilgrims with Deafness or Muteness During Hajj    Sheikh Al-Issa at Arafat sermon: Values of Islam foster harmony; eschew hatred and division    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Council of Scholars urges pilgrims to stay away from divisive acts    Red Sea Fund Opens Its Third Cycle for Production Funding    SFDA Warns Against Herbal Product "Montalin Jamu" Due to Containing Active Medicinal Ingredients    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    Pilgrims Perform Dhuhr and Asr Prayers at Arafat Holy Site    

Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.

SIBN seeks enhancement of Saudi-India investment ties
Published in The Saudi Gazette on 28 - 09 - 2011

The Saudi Indian Business Network (SIBN), a forum of Indian-Saudi businessmen, entrepreneurs and senior executives, has called for the strengthening of bilateral investments in both countries.
In a meeting held at Jeddah Hilton Sunday, Hasan Ghias, Vice President of the outgoing Executive Committee of SIBN gave account of activities performed by SIBN since its inception in 2005. He reiterated SIBN's objective of creating business and investment opportunities for the business community in the two countries.
Dr. Madani A. Alaki, former minister of State and cabinet member and Director of Al- Shuqaiq Power and Water, highlighted the contribution of the Indian manpower in the development of Saudi Arabia. He cited opportunities for investment in the Kingdom, particularly in power & water sector.
Sheikh Adil Bushnaq spoke about his successfulinvestment in India in water desalination plants and other water-related projects. He underlined huge investment opportunities in India in the sector.
Ishtiaq Ali, partner of Classis law firm, Mumbai, attributed India's GDP growth to the opening up of the Indian economy in 1991. He identified areas of investments in India like infrastructure, power, telecomm, etc. He encouraged foreigners to invest in India and avail of the country's simple and transparent investment rules.
Siraj Qureshi, well known businessman in India and Saudi Arabia and President, India Islamic Cultural Centre in New Delhi, shared his experiences of doing business in Saudi Arabia for the last 30 years. He called on Indian businessmen to take initiatives to do business in Saudi Arabia.
Shakeel Ahmad, Commercial & Culture Consul, welcomed the participants and briefed them on business and investment facilities and services being offered by the Consulate to promote bilateral business and investment. It was the first meeting of SIBN since 2008.

Clic here to read the story from its source.