British commercial mission in Saudi Arabia
Saudi Arabia-UK, Business, 5/17/2000

Delegates of a mission from the British companies (16 companies) that are currently visiting Saudi Arabia till the 22nd of the current month are discussing contracting commercial transactions after the changes adopted by Saudi Arabia in the new foreign investment law which aims to to promote investment through several measures such as providing for complete foreign ownership of commercial entities.

The products and services which the mission promotes for are the food industry' thermal isolation, technical work, consultations, Internet services, air conditioning, wires, machines and financial services.

British former consul in Jeddah Lory Walker who heads the mission said that this is the right time to hold commercial transactions in Saudi Arabia due to the the economic changes which encourage companies to seek new opportunities in this market.

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