Seven companies from Belgium and Luxembourg specializing in health, events and horses exposed their investment potential and opportunities with the International Camel Organization and the Camel Club through a forum that includes Saudi businessmen, affiliates of the Chambers of Commerce and local camel owners, which is organized by the Camel Club.
The European-Saudi Trade Forum for investors in the camel sector, which will take place on Monday, March 14, 2022, will open options for work, cooperation, project creation and exchange of experiences within the framework of the official economic and trade mission to the Kingdom of Saudi Arabia organized by the Kingdom of Belgium and the Grand Duchy of Luxembourg.
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In turn, Chairman of the Board of Directors of the Camel Club and Chairman of the Board of Directors of the International Camel Organization Sheikh Fahd bin Falah bin Hathleen said that the camel sector is growing rapidly and achieving turnout rates in conjunction with the regulations and legislation enacted by the club in the areas of breed documentation, name ownership, species safety, and veterinary. He pointed out that the King Abdulaziz Camel Festival achieved popularity with the participation of more than two thousand camel owners, and it increased the buying and selling operations by about 30 percent over previous years, and fulfilled the desires of camel owners to compete and win huge prizes amounting to 250 million riyals annually.
The investment doors vary between training, marketing, building amateur academies, education and the formation of international breeds. A group of Saudi businessmen will be able to view the partnership climates, establish incubators based on local content in the camel sector, and increase European expertise in the field of establishing horse centers and the equestrian sports economy.
European companies will offer their expertise in developing existing networks, creating new links between stakeholders, creating a channel through which to intensify marketing and enhance special skills, and obtain support in key stages from research and development to marketing, both nationally and internationally. The European conglomerate will provide a complete device to allow the use of a full-body CT scanner for large animals, especially for horses or camels, a complete device that will compulsorily work with the CT scanner and the use of stem cells technology. In the field of bioenergy, the study, discovery and correction of energy in living systems, ideas, networks and skills to guide customers in brands will be introduced.
In the field of entertainment, the European side will present a comprehensive approach from strategy to event management to operations and production. The forum aims to develop partnerships between the Belgian and Saudi private sectors in various activities related to camels, which will be reflected in the development of the sector.