Wednesday , April 24 2024

India to Become Second Largest Trading Partner of Saudi Arabia

By Syed Baqer Ali

Hyderabad 13 Jul (PMI): The diligent efforts of Indian Missions in Saudi Arabia, the Embassy in Riyadh and Consulate in Jeddah under the guidance of Ministry of External Affairs (MEA) and the catalyst role played by Saudi Indian Business Network (SIBN) has helped Indian Industries and Manufacturers in becoming Saudi Arabia’s second largest trading partner.

In recognition of the SIBN role in promoting Indian Industries and Manufacturers in Kingdom of Saudi Arabia, Mir Gazanfar Ali Zaki, General Secretary of Saudi Indian Business Network (SIBN), received a Letter of Appreciation from Md. Noor Rahman Sheikh, Consul General of India, Jeddah, K.S.A. & Vice-Patron of SIBN, under the patronage of Consulate General of India, Jeddah, for his Outstanding Contribution in conducting and organizing Trade Events, Seminars, Symposiums, workshops, B2B Meetings, Indian Food Festivals, Mango Festival, India @ 70 states Facilitation Events and mobilization of Saudi delegations to Vibrant Gujarat, Momentum Jharkhand, Vibrant Goa, Kerala Gem & Jewellery Shows, Global Exhibition on Services Shows, Indus Food Exhibitions, India International Jewellery Shows and Halal Expo at Hyderabad which were instrumental in reinforcing the SIBN objectives of strengthening Indo-Saudi business relationship on 30th, June, 2020 at Consulate General of India premises.

The Consul General of India, Jeddah also appreciated efforts of him in materializing the signing of Memorandum of Understanding (MOU) between SIBN and Vibrant Goa Foundation and Trade Promotion Council of India (TPCI) in the year 2019. He also wished him all the success in his future endeavours.

Apart from SIBN activities he also appreciates the contribution of Mir Gazanfar Ali Zaki for helping Indian Community including during Amnesty etc.

During the tenure of Md. Noor Rahman Sheikh, Consul General of India and Vice-Patron of SIBN from June, 2016 to July, 2020 SIBN organize and conduct more than 100 programs.

Indian Ambassador, Dr. Ausaf Sayeed is the Patron of SIBN, Indian Consul General Md. Noor Rahman Sheikh is the Vice-Patron and Mrs. Hamna Mariyam, Consul (Commerce & P/I), is the convener of SIBN and Mr. Amjad Shareef, MRA is the Coordinator of SIBN.

The executive management committee includes Vice-President Mohammed Alungal, General Secretary Mir Gazanfar Ali Zaki, Joint Secretary Adnan Ahmad Zagzoog, Treasurer Vijay Soni, Public Relation Officer Adil Sanai and Event Coordinators Mohd. Viquar Ahmed and Esa Bin Ayaz Shabibi.

SIBN is a professional organization that groups together entrepreneurs, senior executives and professionals from Saudi Arabia and India. Formally launched on March 13, 2005, SIBN aims to be the nodal point for high-level interaction between the business communities of India and Saudi Arabia. Indian Ambassador Dr. Ausaf Sayeed current Patron is also the founder of SIBN.

SIBN aims to act as an informal interface to promote Trade and Commerce, Business Alliances, Joint Ventures and Investments between India and Saudi Arabia on a bilateral basis. SIBN aims at introducing Indian companies to the vast opportunities that exist in the Kingdom and to aid them in projecting their expertise and strengths in various disciplines for prospective alliances with business and trade organizations operating in Saudi Arabia. It also aims to provide a reciprocal interface for business and trade organizations established in Saudi Arabia to explore business opportunities in India. SIBN has facilitated many business delegations to support Indo-Saudi business relationship. (Press Media of India)

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