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Concluding Riyadh's cars fair 99 on Wednesday
Saudi Arabia, Economics, 12/6/1999
Riyadh's 1999 automotive fair is to conclude on Wednesday after being opened on Saturday.
The general manager of Riyadh's fairs company, Mohammed El-Husseini, said Saudi Arabia is the biggest automotive market in the Middle East, as statistics say that it will import 275,000 cars and trucks annually worth $11 billion, in addition to the spare parts market which is estimated at $2.16 billion.
He added that the Saudi market was the biggest Gulf market in the previous years, accounting for 46% of the Gulf market, and that there are 40 international automotive agencies in there.
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