LONDON, 23 January 2022, (TON): Investment opportunities in Saudi Arabia and Sweden were in the spotlight during a two-day Saudi-Sweden event at Expo 2020 Dubai this week.

A series of panel discussions explored how to boost trade relations between the two countries on Jan. 16-17 at the two countries’ pavilions as part of the Expo.

The event was organized in collaboration with the Saudi Ministry of Investment (MISA), Invest Saudi, the Embassy of Sweden, and Business Sweden.

The first day, hosted at the Sweden Pavilion, included opening remarks by Niclas Trouvé, ambassador of Sweden to Saudi Arabia; Hussain Hanbazazah, commissioner general of the Kingdom of Saudi Arabia pavilion; and Jan Thesleff, Commissioner General of the Swedish Pavilion.

Hanbazazah highlighted how Swedish companies have operated in the Kingdom for more than 70 years, noting that Saudi Arabia is Sweden’s largest economic partner in the Middle East and No. 1 trade partner among the Scandinavian countries, with the volume of trade exchange in the past five years reaching more than US$6 billion.