Arab countries and Germany traditionally share close business ties. The trade volume has more than doubled since 2002, reaching a new record at 52.1 billion euro in 2015. However, full potential has not been tapped yet.
Especially in the long term, the economic perspectives for Arab countries are excellent and offer many opportunities. With almost 400 million inhabitants, the Arab world is a huge market for business and investment. German companies are highly welcome business partners and German products and services enjoy great popularity.
On the other hand, Germany is the largest economy in Europe accounting for around 21 % of the EU’s GDP. Thanks to its central location in Europe, its first-class infrastructure and its excellent business climate, Germany is a perfect hub for Arab companies entering the European market with 500 million potential customers.
To further strenghten and enlarge these sustainable business relations between the Arab countries and Germany, the Ghorfa Arab-German Chamber of Commerce and Industry hosted the
19th Arab-German Business Forum at The Ritz-Carlton Hotel, Berlin from May 25th to 27th, 2016.
The Forum was held under the patronage of the German Federal Minister for Economic Affairs and Energy, H.E. Sigmar Gabriel, and organized in cooperation with the General Union of Arab Chambers of Commerce (GUCCIAAC), the League of Arab States and the Association of German Chambers of Commerce and Industry (DIHK). More than 600 leading experts and decision makers from business, politics and science attended this high-ranking conference that presents the essential networking platform to create new and enhance existing business relationships. The Forum addressed current and perspective Arab-German cooperation in the fields of Logistics and Mobility, Financial Services, Industrialization, Sports Industry, Free Zones, Infrastructure Megaprojects, Women Entrepreneurs, Investment in the UAE, Construction and Housing as well as Start-ups and SMEs. This year’s partner country of the Forum was the United Arab Emirates.
It was our great pleasure to welcome you together with our partners to the 19th Arab-German Business Forum in Berlin.