Hong Kong start-ups find Saudi Arabia offers warm welcome, big opportunities

Quick Summary:

Executives in a recent delegation praise Saudi Arabia’s pace of modernisation and eagerness to do business.

That deal was one among dozens of partnerships and multimillion-dollar agreements secured by Hong Kong start-ups during the three-day summit, which Chan described as a “fruitful trip”.

Under its Saudi Vision 2030 plan, the country is aggressively modernising and diversifying its economy to reduce its reliance on oil.

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Article Details

Author / Journalist: Enoch Yiu

Category: Business

Markets: Hong KongChinaSaudi Arabia

Topics: Financial Summit Fjdynamics October Arabia Company Hong Kong Chan Zhang Saudi

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-10 @ 11:00:10 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 247 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 23568777

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