About Saudi Arabia

The Kingdom of Saudi Arabia is located on the Arabian Peninsula at the intersection of Asia, Europe, and Africa. Its borders extend to Jordan and Iraq in the north and Yemen and Oman in the south. This strategic location makes Saudi Arabia an important actor in global trade, providing access to diverse markets and a central location for international commercial activities. The capital, Riyadh, serves as the political and financial center of Saudi Arabia, playing a vital role in driving the country's economy and oering great economic opportunities in the region. Riyadh also attracts international companies and investors, creating a dynamic environment for trade and investment.

According to May 31, 2023 data, 32.2 million people live in Saudi Arabia. Saudi Arabia exported goods and services worth 1,075 billion Saudi riyals (1,036 billion riyals in goods and 39 billion riyals in services) in 2021. The 2021 import figure is 848 billion riyals (573 billion riyals in goods and 277 billion riyals in services). The primary market for Saudi Arabia's non-oil exports is Asia, with 55%. Among Asian countries, China is in the lead with 191 billion riyals. Most exports are to Arab and Islamic countries outside Asia. In return, Asia accounts for 36% of imports.

Saudi Arabia's prominence in the global economy is due to its role as a leading oil producer and its significant influence in the energy sector. This, combined with its strategic location, positions the Kingdom as a major player in shaping international trade dynamics. The Kingdom of Saudi Arabia is of great importance as it is in the heart of the Arab and Islamic worlds and has a strategic geographical location that has historically made it a vital trade route between the East and the West. Also, Saudi Arabia is one of the leading economies of the future, with untapped opportunities and unique investment possibilities.

The main reason for choosing the Kingdom of Saudi Arabia as the destination is the great importance that MÜSIAD, the International Business Forum, and its members, who are present in more than 70 dierent countries around the world, attach to "Saudi Vision 2030". The framework of this vision has brought about many economic reforms that have formed new business opportunities, raised the Kingdom's main strategic assets, and driven growth by attracting foreign direct investments in various sectors such as industry, construction, tourism, agriculture, technology, information, energy, arts, oil, and gas.

Saudi Vision 2030

Saudi Vision 2030, under the patronage of King Salman bin Abdulaziz Al Saud, provides for a dynamic and expansive economy, growth towards new industries, attracting investment, and assistance for success for investors. The government promotes an open and welcoming economic environment that attracts foreign investment and supports local talent through innovative regulations and reforms. The objectives of Vision 2030 are to empower Saudi citizens and business people to reach their full potential, diversify the economy, support local content, and create opportunities for innovative growth. This is achieved by preparing a favorable environment for domestic and foreign investors.

Within Vision 2030's scope are 96 strategic, 27 branch, and six inclusive targets. Apart from these, there are eleven programs. These are: Refugee Experience Program, Quality of Life Program, National Transformation Program, Financial Sustainability Program, Public Investment Fund Program, Housing Program, Privatization Program, Health Sector Transformation Program, National Industrial Development and Logistics Program, Financial Sector Development Program, and Human Talent Development Program. Apart from these, Vision 2030 has three building blocks: a vibrant society, a thriving economy, and an ambitious nation.

Payment Information

Dear Participant, Payment is required to confirm your registration.

We kindly ask you to pay for the package you have purchased no later than Monday, February 2024 ,05 and send your receipt and a photo of your passport to the mail address disiliskiler@musiad.org.tr.

Prices Do Not Include Visa Fees.

Account Name
MÜSTAKİL SANAYİCİ VE İŞ ADAMLARI DERNEĞİ İKTİSADİ İİLETMESİ

Bank
KUVEYT TÜRK KATILIM BANKASI A.Ş.

Branch
MECİDİYEKÖY ŞUBESİ

IBAN
TR70 0020 5000 0083 6476 2001 01

Currency
DOLAR

Swift
KTEFTRISXXX

Account Number
8364762- 101

Only US dollars is accepted!
It will be invoiced according to the information participants declare after the event. after the event.

To participate in the 27th IBF International Business Forum Saudi Arabia program, you must first register from the link below. After completing the registration process, you must make the payment within the scope of the service package type you have selected. After completing your payment, you must send the receipt and ID or passport images to disiliskiler@musiad.org.tr e-mail address.

About Visa and Passport

Turkish citizens holding Diplomatic, Service, Special or Ordinary Passports are subject to a visa for their travels to Saudi Arabia. Ordinary and official passport holders who will go to Saudi Arabia will be able to obtain their e-visas for touristic purposes from the internet address shared below, from the e-visa booths at the airports upon their arrival in Saudi Arabia or from the resident representatives of the said country in Turkey for a stay of "90 days in 365 days" as "single entry" or "multiple entry". Our Trade and Labor Counsellors within our Embassy provide the necessary guidance to our businessmen and working citizens who want to do business in Saudi Arabia. The visa price is $150 in total.

“https://visa.visitsaudi.com”

NOTE: Passengers who will leave with a Turkish ID or passport must take their departure fee stamps (stamp fee 150 TL). They can get their stamps from Banks or Tax Oce desks at airports.

To participate in the 27th IBF International Business Forum Saudi Arabia program, you must first register from the link below. After completing the registration process, you must make the payment within the scope of the service package type you have selected. After completing your payment, you must send the receipt and ID or passport images to disiliskiler@musiad.org.tr e-mail address.