BCB’s March Newsletter: Saudi Arabia

28 Mar, 2024

Good Morning

Since we started out in 2013, our main focus has been on our home market of the UAE.  However, in recent years we’ve seen increasing interest from UK exporters in Saudi Arabia and in the last couple of months alone we’ve managed incoming missions to the LEAP and Big5 trade shows in Riyadh, covering the tech and construction sectors respectively.

As we outline in our accompanying blogs here, the Vision 2030 programme is spurring seismic economic & social changes across the Kingdom which is driving demand for goods & services from around the world to build, transform and sustain the country into the future as it looks to rebalance away from a hydrocarbon and public sector dominated economy.

To meet the growing interest we’re seeing in KSA amongst our clients in the UK, internationally and also from domestic entities in KSA itself, we have just opened an office in Riyadh through our parent company, OCO Global, which will allow us to further our work in the Kingdom.

If you are a UK exporter looking to understand Saudi, plan your approach, research your options or build a market-entry strategy please do get in touch; we’d love to help you explore this exciting but still hard-to-access market.

Regards
Joe

 

Vision 2030: Diversifying Saudi’s Economy

In tandem with its digital ambitions, Saudi Arabia is leading the charge towards a sustainable energy future. Find out how Saudi Vision 2030 hosts a new era of opportunity, both for the kingdom & UK SMEs.

Navigating Saudi Arabia’s Economic Transformation: Opportunities for UK Businesses
From cinemas & production studios to a privatized healthcare system, KSA’s entertainment & healthcare sectors are ripe with opportunities. Learn more on other areas of growth to UK SMEs.

Fashion in the Kingdom: Need for international brands
Fashion sales in Saudi Arabia are expected to surge by 48% from 2021 to 2025. Find out how changing consumer preferences, evolving retail landscapes and a growing population is benefiting UK fashion brands.

Navigating Business Etiquette in Saudi Arabia
Successful market entry necessitates adaptation. Learn more on the how embracing the business culture can help unlock the door to unparalleled opportunities in the Kingdom.