Arab economies are in full swing, as the first measures of economic reforms are paying off. While the oil price is stabilising, most Arab countries are investing not only into infrastructure projects but also into technological advancement. Despite major challenges due to political instability in some countries, the International Monetary Fund (IMF) recently raised the expected growth rate of the region for this year to 3.6%. With a population of almost 400 million inhabitants, the Arab world is a promising region for business and investment.
At the same time, the German economy is booming more than ever. In 2017, German exports reached an all-time high with more than € 1,279 bn. Economists predict that it will maintain its momentum after expanding last year at the fastest pace since 2011.
German companies and institutions have been a long-term business partner for the Arab world and are well known for their high-quality services. To ensure a balanced and sustainable exchange, they are not only exporting top-notch products, but also bringing education and know-how along with it. The annual trade volume between Germany and the Arab countries, standing at more than € 50 bn is evidence of the high potential of Arab-German cooperation.
To further strengthen and enlarge sustainable business relations between Germany and the Arab countries, the Ghorfa Arab-German Chamber of Commerce and Industry, together with high-profile partners from Germany and the Arab World, will host the
21st Arab-German Business Forum
at the Ritz-Carlton Berlin
from June 26th to 28th, 2018.
The Forum is held under the patronage of the German Federal Ministry for Economic Affairs and Energy.
More than 600 leading experts and decision makers from business, politics and science will attend this high-ranking conference which has become the most essential networking platform to create new and to enhance existing business relationships.
In addition to exciting panels, several interactive and expert-led roundtables will take place. In small groups, they give the opportunity to exchange experiences and discuss the innovation potential in different fields.
This year’s partner country of the Forum is the State of Kuwait. Within the vision “New Kuwait” and its ambitious growth plan until 2035, the country offers promising investments and business opportunities.
It will be our great pleasure to welcome you to the 21st Arab-German Business Forum in Berlin.