A 30-member business delegation from Saudi Arabia has visited Kenya to explore investment opportunities and establish more joint investment projects in the Energy, Agriculture & Livestock, ICT & Telecommunications sectors, the delegation also seeks to implore investment opportunites in the Financial Services, Transport & Infrastructure, Ports and Economic zones, Tourism, Water, Blue Economy and Mining sectors.
Some of the visiting companies include Saudi Exhume bank , Saudi funds for development , tatada wool , red sea gate away terminal, siro group and the grand mining group .
On the sidelines of the visit a kenya saudi arabia business to business forum was held the aim of forging strategic alliances with light minded business from both countries.
Kenya and saudi arabia businesses were presented as platforms to unlock the risings and super charged business growth.
2021 the value of the kenyans imports from the UAE was approximately 1.8B dollars while kenya exports to the UAE were valued at just 392M dollars as qutar imports 23M dollars , exports are about 35M dollars .
In the kingdom of Saudi Arabia imports 88M dollars and exports just 1.4M dollars .