The EU-GCC Trade and Business Cooperation Facility runs from 2014-2017 and has held many events in this period. Please find ready to download material from the events in the list below.
- High-end Luxury Goods May '17
- ICT Regulations Event '17
- Second Business Forum January '17
- UAE Halal Round Table November'16
- Expert Meeting on FDI Issues in Riyadh '16
- First Business Forum May '16
- UAE Halal Round Table April '16
- ICT Workshop '16
- FDI Round Table November '15
- Knowledge Economy Round Table November '15
- Tourism and Food Security Round Table April '15
- Chemical Industry Round Table April '15
- Economic Diversification Round Table March '15
- Start Up MENA
Workshop and expert seminar on high-end luxury goods and integration of alternative materials into design and fashion
May 10-11, 2017 at the Art and Skills Institute, Riyadh, KSA
The GCC countries is encountering, like the rest of the world, a social, economic and cultural turnaround, albeit in its own particular way. The speed of this development makes it both challenging and exciting for many luxury brands. The GCC is no longer a frontier market. Many major luxury brands are now present in the market. According to Chalhoub Group, Youth & Luxury, the GCC benefits from a younger population with a great purchasing power. Yet the consumers are increasingly more educated more demanding.
Based on initial research, Saudi Arabian nationals are driven by strong contradictions. While they yearn for individual expression, 97% look for something unique when purchasing luxury products- they are strongly attracted to anchor labels and shop within a limited set of brands. According to Chalhoub Group, Saudi Arabia’s two main towns are markedly different: Riyadh consumers are more conservative and view luxury as “special to own” while Jeddah consumers are more fashion and trend oriented, with a huge influence from the media, fashion bloggers, TV stars and singers.
ICT industry’s considerations on the Gulf Technical Regulation (March 21, 2017) here
The EU-GCC Trade and Business Cooperation Facility together with DIGITALEUROPE would like to build on the success of the EU-GCC delegation in Riyadh in March 9, 2016, to address the issue of greatest concern to ensure smooth market access of products under the new legal framework in order to avoid any negative impacts of ICT product availability for consumer and customers in the region.
Please find material from the second Business Forum (January 9, 2017 in Riyadh, KSA) here
The EU-GCC Trade and Business Cooperation Facility is pleased to announce the second EU-GCC Business Forum to take place in Riyadh, Saudi Arabia on 9 January 2017, as a continuation of the first EU-GCC Business Forum held in May 2016 in Brussels. The Business Forum will focus on infrastructure development and investment, and PPP opportunities in the GCC. Prominent keynote political leaders and speakers from private and public organisations will be part of the programme. The conference will also include leading CEOs of EU and GCC multinational companies.
This second Business Forum will address the following topics:
•Enhancing EU-GCC trade relations
•Investment and FDI issues in the GCC Region
•PPP and Infrastructure investment opportunities in transportation utilities, energy, and urban planning projects
Please find material from the EU-GCC roundtable on the new UAE Halal Scheme (November 8, 2016 in Amsterdam) here. Harmonization of the GCC Halal standards and the consequences for European Union food industry and ingredients sector
The EU-GCC Trade and Business Cooperation Facility is pleased to welcome you to this 2nd Workshop and Roundtable on the implementation of the new GCC Halal Scheme and its consequences for the EU food and beverage industry. This workshop will bring together key stakeholders in the halal food industry from GCC countries and EU member states, as well as government representatives and experts to discuss the implementation of GCC Halal and in particular the UAE Halal standards.
Expert Meeting on FDI Issues in Riyadh, October 4th 2016
The purpose of the workshop is to 1) give EU companies in the KSA a platform to discuss business concerns with fellow peers 2) works towards a common set of recommendations addressing barriers to FDI 3) prioritization of these recommendations and next steps.
Please find material from the Business Forum (23-24 May, 2016 in Brussels) here
The Business Forum is organized by the partners of the EU-GCC Trade and Business Cooperation Facility: Federation of GCC Chambers (FGCCC), the Confederation of Danish Industry (DI) and BUSINESSEUROPE with the support of the European Economic and Social Committee Employers’ Group. It is funded by the European Commission.
The Business Forum will take stock of recent developments in EU and GCC economies and bilat-eral trade, explore opportunities and challenges for trade and investment, discuss specific sectoral opportunities that can support sustainable economic development, and lastly outline the private sector’s recommendations. These recommendations will feed into to the EU and GCC political leaders attending the 25th Joint Council and Ministerial Meeting of the Cooperation Council for the Arab States of the Gulf and the European Union.
Please find material from the EU-GCC roundtable on the new UAE Halal Scheme (April 13, 2016 in Amsterdam) here
The recent introduction of the new UAE scheme for Halal products introduced by the Emirates Authority for Standardisation and Metrology (ESMA) highlights the need for dialogue on how the new rules are to be implemented. A concern for the European food industry is the short transition period for implementing the new scheme, which will require rapid adoption not only by European food industry, but also for EU Halal certifying bodies. The importance of engaging in this dialogue is all the more important seeing that the standards has the potential to be adopted in the remaining GCC countries.
Please find material from the EU-GCC workshop on on the new Gulf Technical Regulation on Low Voltage Electrical Product (March 9, 2016 in Riyadh) here
Working to the theme “Impact of the New Gulf Technical Regulation on the ICT Industry in the GCC”, the workshop was organised in coordination with DIGITALEUROPE and attracted 40 participants from over 8 countries – including major ICT product manufacturers, GCC importers and agents of ICT products, GCC senior executives, representatives from the Gulf Standardisation Organisation and European trade councillors. Among the major companies that attended the workshop were representatives from Apple, Canon, Dell, HP and Epson. The first session of the workshop focused on clarifying the new requirements for manufacturers and importers under the legal framework and help determine and assess the impact of this regulation on the ICT market in the GCC.
The second session included a presentation and a Q&A debate with GSO experts followed by a highlevel meeting with the GSO Secretary General HE Nabil Molla. A separate meeting with SASO was arranged on the following day.
Please find material from the EU-GCC round table on strengthening Foreign Direct Investment in the GCC region (November 4, 2015 in Qatar) here
Despite the recent surge in FDI and the relative ease of doing business in the GCC, European companies face several barriers that limit their growth potential, hence to create local growth and jobs. These obstacles can be of different types, going from a fix number of licenses granted to foreign firms, to equity caps in foreign ownership, to restrictions in legal form or in the movement of high skilled personnel.
This round table focused on ways to support the development of the private sector through improving the business environment for FDIs in the region. In particular, the roundtable targeted ways to attract foreign investment in knowledge intensive service sectors, which can contribute to job creation, entrepreneurial activities and export diversification.
Please find material from the EU-GCC round table on Promoting Innovation, Entrepreneurship and the Knowledge Economy in the GCC (November 2, 2015 in Bahrain) here
When it comes to building the knowledge economy, the GCC is one of the most ambitious regions in the world. As part of their diversification strategies, GCC countries are investing heavily in the infrastructure necessary to create knowledge economies driven by innovation rather than hydrocarbon exports. Most GCC countries have impressive future-oriented national economic strategies that aim at building innovation clusters, enabling finance and venture capital, building R&D capacity and attract highly skilled foreign experts.
Please find material from the EU-GCC round table on Tourism and Food Security (April 15, 2015 in Oman) here
This roundtable had two main themes, Food Security and Opportunities for Strengthening EU-GCC trade in the Tourism Industry.
The first session focused on developing EU-GCC cooperation in the tourism industry. Given Oman’s position as one of the top tourist destinations in the GCC, with one of the strongest growth in the tourism sector worldwide and fastest in the MENA region, the roundtable was held at Oman Chamber of Commerce and Industry.
The second session dealth with food security as is an important issue in the GCC region due to the regions over-dependence on food imports, leaving it dangerously vulnerable to an increase in global food prices.
Please find material from the EU-GCC round table on Opportunities for Strengthening EU-GCC trade in the Chemical Industry (April 13, 2015 in Riyadh) here
Almost everything we use today needs chemical products to be manufactured or to function. The Chemical Industry is one of the most important industries in the modern world. Chemical products are involved in almost every industrial process and are essential in industries such as agriculture, automobile and construction sectors.
The roundtable explored how deepening trade relations with the EU can help diversify and widen GCC exports into downstream manufacturing industries and knowledge based products. It also looked into what policy issues that could help spur EU-GCC chemical trade such as export restrictions, rules of origin and dual pricing of feedstock.
Please find material from the EU-GCC round table on GCC Economic Diversification and EU-GCC trade and Food Safety (March 24, 2015 in Jeddah) here
The round table in Jeddah has two focal points, the Economic Diversification of the GCC region and food safety.
GCC countries have adopted ambitious strategies that aim at refocusing their growth models towards creating more diversified economies with less reliance on hydrocarbons. The aim is to boost the development of non-oil activities through a “knowledge economy” empowered by private sector, and in which nationals have the skills to enter high value-added private sector jobs.
The roundtable exploredpotential areas for advancing GCC economic diversification efforts. Furthermore, the need standardization in the food industry across the GCC and what can be done to support export from the GCC of processed food, drink and primary produce including fish was discussed. Therefore, the round table dealt with some of the real and percieved barriers to EU-GCC trade.
The Startup MENA project is completed. Please find the information on our Startup MENA project below.
Startup MENA EU-GCC is a series of premium workshops and match-making events between startups, SME’s and corporates in the EU and the GCC
The mission is to provide startups, SME’s and corporates with the missing links in order to become robust businesses, enhance trade and corporation as well as accelerate growth. Through strong partnerships with key institutions and organisations in both regions, Startup MENA can offer the potential to start a new chapter in a new market.
Throughout 2015 Startup MENA will facilitate workshops & events that provide knowledge and know-how on how to open up businesses in Europe and the GCC. We will also be running Startup Challenges for GCC startups in Bahrain, Qatar, UAE, Oman, Saudi Arabia and Kuwait. Furthermore we will match-make corporates and SMEs in the regions at two events in Dubai and London.
We are rolling out a series of ambitious workshops and matchmaking events for EU and GCC startups, SME’s and corporates in 6 GCC countries and 4 European cities.
We are engaging in 4 different ways, targeting both aspiring entreprenuers, startups, SMEs and corporates displayed in the below infographic: