On March 21, the Korea International Trade Association (KITA, Chairman Christopher KOO) held "Forum on Investment Environment and Opportunities in the UAE and Saudi Arabia” at the Trade Tower with the Korea-Arab Society (KAS), UAE Embassy in South Korea, Saudi Arabia Embassy in Korea and Korean Law Firm Hwawoo (also known as Yoon&Yang LLC). The forum was attended by 250 officials and business leaders, including UAE Ambassador to Korea Abdulla Saif Ali Slayem AlNuaimi and Saudi Arabian Ambassador to Korea Sami M. Alsadhan. Experts in various fields delivered useful presentations on investment and business opportunities to promote economic cooperation between two countries. As close partners of Korea, UAE has maintained a high ranking when it comes to Ease of Doing Business Index and Saudi Arabia has the world's largest oil reserves with a large local market driven by high purchasing power. |