Making It Easy: The Saudi British Business Council Has Embarked on an Important Initiative to Improve Commercial Relations
Thompson, Richard, MEED Middle East Economic Digest
The multi-billion-dollar deal between Riyadh and London for the sale of 72 Typhoon fighter jets is the high-water mark in relations between the two kingdoms (see Defence, page 42). It lays the foundations for further political and economic collaboration for years to come and offers a gateway into the kingdom for British companies seeking to take advantage of the kingdom's booming economy.
It is a position that many other countries will be eyeing enviously. In January, Riyadh unveiled a $623,000 million infrastructure investment programme that presents enormous opportunities for international companies across all sectors. The Typhoon deal gives UK firms the chance to establish a foothold in the kingdom from which they can target these sectors.
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Publication information: Article title: Making It Easy: The Saudi British Business Council Has Embarked on an Important Initiative to Improve Commercial Relations. Contributors: Thompson, Richard - Author. Magazine title: MEED Middle East Economic Digest. Volume: 50. Issue: 38 Publication date: September 22, 2006. Page number: 46+. © 1999 MEED Middle East Economic Digest. All Rights Reserved. COPYRIGHT 2006 Gale Group.
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