Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Fatehelrahman Yousif

Saudi Arabia, Germany Seek to Promote Energy Dialogue and Hydrogen Alliance

Saudi Arabia is moving to expand reliance on renewable energy and hydrogen production. (Asharq Al-Awsat)

Dr. Dalia Samra-Rohte, Delegate of German Industry & Commerce for Saudi Arabia, Bahrain and Yemen, said that the German-Saudi Arabian Liaison Office for Economic Affairs (GESALO) sought to promote German-Saudi energy dialogue and the hydrogen alliance.

Saudi Arabia and Germany are seeking to strengthen economic and investment relations and increase trade exchange, on the sidelines of the visit of German Chancellor Olaf Scholz to the Kingdom.

Samra-Rohte said that Saudi Vision 2030 created additional opportunities to further develop relations, pointing to sustainability as a major focus in the Kingdom’s aspirations during the coming period.

Opportunities were identified in the areas of renewable energy, recycling, green hydrogen, as well as the water sector, she told Asharq Al-Awsat.

She also stressed that the German industry has contributed to health care developments, major infrastructure projects and digitization in Saudi Arabia.

The delegate of German Industry & Commerce for Saudi Arabia, Bahrain and Yemen revealed that her country was the Kingdom’s fourth largest trading partner, noting that most of Germany’s exports to Saudi Arabia were focused on chemical products and mechanical equipment.

She went on to say that the value of German exports to the Kingdom reached 5.6 billion euros ($5.4 billion), noting that her country’s companies enjoyed a strong trade relationship with their Saudi counterparts.

Over the past years, German industry has contributed to the general diversification and localization efforts in Saudi Arabia. In this regard, Samra-Rohte emphasized that with the increasing demand for local manpower, German companies have provided job opportunities for many Saudi citizens.

The GESALO office regularly organizes exchange programs and helps Saudi students, who complete their studies in Germany, to find suitable job opportunities, she concluded.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.