German-Saudi Business Magazine October 2011 German Investment in Saudi Arabia AHK Saudi Arabia Investment Trade German - Saudi Business Magazine Editorial Dear reader, Germany’s economy is the world market leader in many industrial branches. In 2010 German exports reached almost one trillion Euros and increased more than 20% compared to the previous year. The German economy was the second most important exporter worldwide. German exports to Saudi Arabia rose by 20% to almost 5.6 billion EUROs. This trend has continued in the first half of 2011 where goods worth 3.1 billion EUROs had been exported to Saudi Arabia. This was an increase of 17% compared to the first six month in 2010. These numbers prove that Saudi Arabia is Germany’s most important trading partner in the whole MENA-Region. This partnership remains not only on trade but also on investments German companies make since decades. Andreas Hergenröther Delegate of German Industry & Commerce for Saudi Arabia and Yemen Due to the fact that Saudi Arabia has been by far the biggest economy and market in the MENA-Region, German companies’ engagement in the kingdom has grown rapidly during the last ten years. By now more than 700 German companies are established in Saudi Arabia. Most of them built up sustainable business partnerships with Saudi Arabian enterprises. Yet the market still offers many opportunities for companies in various fields. Low costs for energy, the easy access to fossil resources combined with large and prudent investments by the Saudi government for instance in the country’s infrastructure and education system create best conditions for companies who are interested in doing business with the Middle East, North Africa and Asia. Because of its outstanding location as chain between the Mediterranean Levant, the Red Sea and the Arabian Gulf Saudi Arabia can be seen as a bridge between Europe, Asia and the East African coast. German enterprises have successfully contributed to the economic development in Saudi Arabia by investing, training local expertise and transferring technologies and know-how. German companies like Siemens, Mercedes or Henkel are well known for their work in Saudi Arabia but also small and medium-sized companies (SME) like Bischoff+Klein, V-Line or Zeppelin are doing well in the market. By creating jobs and interacting with local enterprises these companies make a contribution to the positive development of the Saudi economy since years. The German Delegation of German Industry and Commerce (AHK Saudi Arabia) is officially charged to promote German-Saudi business relations. As the official representation of German economy in Saudi Arabia we assist Saudi and German companies regarding their investments and business in Saudi Arabia and Germany. To create a better awareness of the tight German-Saudi business relations we would like to present existing German investments in Saudi Arabia, important players and information regarding the bilateral trade and finally the work of AHK Saudi Arabia. We believe successful cooperation always starts with the knowledge of the opportunities. Andreas Hergenröther AHK German - Saudi Arabia - www.saudiarabien.ahk.de 5 Contents 6 50 13 22 Editorial 05 V-Line MRO on the Move 32 German-Saudi business relations 06 MAN Trucks 34 AHK Saudi Arabia 06 Mercedes (NAI) 36 Investments in Saudi Arabia 08 Allianz Saudi Fransi 38 Siemens 10 Deutsche Bank 40 Merck Serono 12 German Trade to Saudi Arabia 42 Draeger Arabia 14 DHL 43 Bischof+Klein 16 Kuehne+Nagel 44 SIG Combibloc Obeikan 18 45 The Linde Group 20 Testing, Inspection and Certification Zeppelin Gulf Co. 22 SAP 47 ThyssenKrupp 24 AHK Services 49 Henkel Arabia 26 51 Evonik 27 Your contact persons at AHK Saudi Arabia Cassidian 28 Detecon Al Saudia 30 27 34 367 43 25 Published by: 18 26 www.fawazadvertising.com In accorance with a (GESALO) Disclaimer: German–Saudi Business Magazine (GSBM), Issue October 2011 Editor-in-Chief Andreas Hergenröther Frontpage Photograph Source: Bundesbildstelle Responsible for Printing AHK Saudi Arabia © Copyright GSBM 2011. All rights reserved. Head of Public Relations Florian Mader No part of this magazine may be reproduced without GSBM’s written permission. The opinions expressed in GSBM do not necessarily reflect the views of the German Delegation of Industry and Commerce for Saudi Arabia and Yemen (AHK Saudi Arabia). GSBM is not responsible for the validity of contents in articles written by external authors. German - Saudi Business Magazine HISTORY German-Saudi business relations German-Saudi economic relations have a long tradition. German global players like Siemens or Mercedes have been active in the Kingdom since more than 75 years. The transfer of know-how and technology has also been supported as an expression of political and economic partnership by government representatives in both countries. For instance the first President of the Federal Republic of Germany, Theodor Heuss, met with Saudi Arabia’s King Saud ibn Abd al-Aziz during his term in office. German chancellors like Helmut Schmidt or today’s chancellor Angela Merkel followed suit and tried to express Germany’s close relation to Saudi Arabia. AHK Saudi Arabia has been established as a bridge between Germany and Saudi Arabia and in the meantime it is part of the German foreign trade policy. The foreign trade policy system of Germany has a very unique structure. Beside the economic sections of the embassies and Germany Trade and Invest Source: Bundesbildstelle Chancellor Helmut Schmidt hosts King Khalid bin Abdul-Aziz Al Saud in 1980 the AHK network, consisting of the Chambers and Delegations of Industry and Commerce abroad, is officially assigned to promote German economic relations outside of Germany. With the additional support of the German Federal Ministry of Economics and Technology this makes AHKs the official representation of German economy abroad. AHK Saudi Arabia The official representation of the German economy in Saudi Arabia The Delegation of German Industry & Commerce for Saudi Arabia and Yemen (AHK Saudi Arabia) has been founded in 1978 under the name of German-Saudi Arabian Liaison Office for Economic Affairs (GESALO). AHK Saudi Arabia is part of the German Chamber Network. With 120 locations in 80 countries around the world, the members of the German Chamber Network (AHKs) offer their experience, connections and services to German and foreign companies. AHKs are located in all countries of particular importance to German companies. With a staff of 18 permanent employees, AHK Saudi Arabia supports Saudi and German companies with its services. 6 AHKs are closely connected to the Chambers of Industry and Commerce (IHKs) in Germany. Together, they support German companies with building up and extending their business relations to foreign countries representing in total 3.6 million companies in Germany. The umbrella organization of the IHKs is the German Association of Chambers of Industry and Commerce (DIHK), which also coordinates and supports the AHKs. Furthermore, the cooperation with various German trade associations strengthens the link from AHKs to business and markets. The Delegation of German Industry and Commerce for Saudi Arabia and Yemen is the official representation of the German economy in Saudi Arabia and carries out the tasks of an AHK in Saudi Arabia and Yemen. business relations. These members give them the authority needed when interacting with politics, business and administration in terms of promoting the bilateral business relations. 3. Service Providers to Companies Under the brand “DE international” AHKs provide services to companies both from Germany and their host countries in order to support their foreign business activities. These services include conducting market studies and providing 1. Official Representation of German sector information, matchmaking, Companies business consulting, organisation and AHKs are the key players of German representation of trade shows, issuing foreign business development on behalf business publications, legal information of the Federal Republic of Germany. They and vocational training, etc. represent German business interests abroad and they inform about and The AHK – being officially acknowledged promote Germany and the partner as an instrument of German foreign trade country as a business location. policy - has of course also a pivotal role in terms of advocacy and dialogue with the 2. Member Organizations government in its endeavour to improve AHKs are member organizations for and strengthen the terms of business, companies actively involved in bilateral investment and commerce. German - Saudi Business Magazine HISTORY AHK Saudi Arabia – More than 30 years of experience German-Saudi Arabian business relations follow a long tradition In 1978 the Joint German-Saudi Economic Committee composed by representatives of the German Ministry for Economics and the Saudi Ministry of Finance decided to establish a German foreign trade commission in Saudi Arabia. On August 22nd 1978 was the inauguration of the first office for German–Saudi economic relations, which has been established by Royal Decree. The first years AHK Saudi Arabia shared the office with the German consulate in Riyadh – since in 1985 the German embassy moved from Jeddah to Riyadh. First Delegate of German Industry and Commerce in Saudi Arabia was Dr. Gerhard Fischer (1978-82), who had at that time just one employee – his secretary. His successor Marc Landau (1982-86) shaped the name German Saudi Arabian Liaison Office for Economic Affairs and his short form GESALO. From the beginning the office was not just responsible for Saudi Arabia but also for the economic relations to Bahrain, Kuwait, Qatar and Yemen. Delegate Dieter Mankowski (1986-1991) intensified the work of AHK Saudi Arabia in the Kingdom. As trade fairs are crucial instruments in foreign trade promotion and Germany is the world’s number one venue for organizing international trade fairs it was a logical step to found an own trade fair department. Saudi businessmen are informed about the opportunities. Establishing AHK-Services His successor Dr. Rainer Herret (19911998) put the focus on a second issue, which is of high importance for the bilateral economic relations: With the implementation of a legal department AHK Saudi Arabia was able to assist German companies regarding legal questions like customs regulations, taxes and the legal framework of launching branches, founding a Joint Venture with a Saudi company or establishing a liaison office. Since then Saudi businessmen are able to get assistance in the visa process for Germany via the AHK office when they are to visit or exhibit on trade fairs or need to travel for business trips. AHK Germany’s Federal Minister of Transport, Building and Urban Development, Peter Ramsauer in a meeting with a delegation of Saudi businessmen in Munich 2011 Saudi Arabia acts also as a mediator in cases of commercial disputes between German and Saudi business partners with the aim to solve disputes without harming the long term business relations. Under the lead of Michael Tockuss (1998-2001) AHK Saudi Arabia ameliorated its services for German companies in the region. Since then today’s longest tenured employee, Mohammed Faleel, is in charge for the promotion of business to business development. Due to his knowledge about the market and his connection to Saudi decision makers AHK Saudi Arabia was able to create an infrastructure to provide German companies services like market information, address research, business partner research and the organization of business trips. In the time of Mr. Tockuss a second branch in Jeddah has been opened to serve the companies based in the former capital. For delegate Manfred Rothgänger (2001-2005) the times were difficult as the Kingdom faced terrorist attacks against governmental institutions as well as foreigners in the country. The Jeddah office had to get closed again due to the uncertain circumstances. Nevertheless Saudia Arabia recovered and paved its way to participate in the World Trade Organization (WTO), which can be seen as a great success. In the term in office of Delegate Gerd Doepner (20052010) the boom in the United Arab Emirates and the foundation of the German Emirati Joint Council for Industry & Commerce (AHK UAE) led to restructuring the market. Since 2009 German business relations with Bahrain, Kuwait and Qatar is organized by AHK UAE. New Challenges: Year one for Andreas Hergenröther Since October 2010 Andreas Hergenröther is the new Delegate of German Industry and Commerce for Saudi Arabia and Yemen. Under his lead the German-Saudi business relations tightened within one year even more and many projects are one the way to go to deepen these relations. In December 2010 the first German-Saudi Arabia Desk has been established at the Bielefeld Chamber of Industry and Commerce. It functions as an information platform about Saudi Arabia for all German companies. Besides the reopening of the branch in Jeddah it is planned to establish a German-Saudi Business Council as a member organization that will serve the member companies for more efficient and sustainable cooperation in order to develop a strong German-Saudi business network. Especially the Saudi private sector shall benefit from the network AHK Saudi Arabia is offering. Under the lead of Mr. Hergenröther more than 30 events in Germany and Saudi Arabia has been organized by AHK Saudi Arabia in order to promote German-Saudi business relations. With its services for German and Saudi companies AHK Saudi Arabia is in a key position for the bilateral economic relations. Every businessman, who is interested in doing business in Saudi Arabia or in Germany will find an individual concept of entering the market, promoting its business through trade fairs and find the perfect business partner from the other country. AHK German - Saudi Arabia - www.saudiarabien.ahk.de 7 German - Saudi Business Magazine German - Saudi Business Magazine Investment in Saudi Arabia The Kingdom of Saudi Non-oil Sector Arabia offers investors a The government’s economic diversification is beginning to yield good results. highly competitive invest- plan Non-oil GDP reported a 3.7% growth in ment environment and a 2010. The growth was the effect of Saudi strategy of attracting foreign destination with vast invest- Arabia’s investment and encouraging the private ment opportunities. sector. Investment Opportunities in SaudiArabia • The IFC’s “Doing Business 2011” report ranks Saudi Arabia as the 11th best country worldwide for doing business, the best in the region, and ahead of several European countries such as Spain, Portugal and Italy. • Saudi Arabia occupies 6th rank for ease of paying taxes, the number of taxes to be paid and the tax rate on profit. • It is 1st best for ease of registering property, the top performer in this category. • Saudi Arabia remains the most lucrative Arab economy for foreign companies with over US$ 624 billion worth of planned projects until 2020. An Economic Boom Saudi Arabia’s oil boom in the seventies, when revenues from oil exports peaked, laid the groundwork for one of the most economically dynamic regions of modern times. The Kingdom of Saudi Arabia is now the largest free market economy in the Middle East holding 25 per cent share of total Arab GDP. It has a continuously expanding domestic market which is benefiting from a young and consuming population. High oil prices, coupled with the government’s commitment to enhancing the non-oil sector contribution have sparked a second renaissance for Saudi Arabia. Real GDP growth is estimated to be at 6.5% in 2011, much higher than the 3.7% growth of the previous year, as per the International Monetary Fund. Continued strong activity brought along inflationary pressures, yet the Saudi Arabian Monetary Authority (SAMA) successfully countered all odds, brought inflation rate, although slightly progressing to a low rate, compared to the Kingdom’s Gulf neighbors’. Oil Sector 8 The Kingdom is a world leader not only in terms of oil reserves, but also in terms of production, exports and refining capacity. Oil revenues reached $ 153 billion in 2010, and a predicted $ 324 billion for 2011. The Kingdoms significant investments in the oil sector reflect a determination to maintain a vital role in supporting the global economy. Driven by the need for job creation and a diversification of the economy, authorities have gradually reduced the number of industries previously barred to foreign investors and are making great strides in improving the regulatory environment and reforming the tax system. The new investment environment in the Kingdom’s Foreign Investment Law allows 100 percent foreign ownership of projects and real estate in most industries. Saudi Arabia’s recent accession to the WTO carries a confident message to investors signaling the Kingdoms commitment to a strong multilateral trading system guaranteeing a level playing field to foreign investors hence insuring the same treatment, protection and incentives accorded to national capital. This, together with the Kingdom’s infrastructure, sets the stage for a promising investment dynamic. Saudi Arabian General Investment Authority (SAGIA) The Saudi Arabian General Investment Authority (SAGIA) was created by the Saudi Government on April 10, 2000 as part of a series of measures geared towards formalizing the process of economic liberalization. SAGIA is responsible for managing the investment environment in the Kingdom with the aim of achieving rapid and sustainable economic growth by creating a pro-business environment, providing comprehensive services to investors and fostering investment opportunities in key sectors of the economy including energy, transportation, ICT and know-ledge-based industries. In pursuit of this mission, SAGIA has embarked on an ambitious program to raise competitiveness, “10 X 10”. The program aims to place Saudi Arabia among the world’s top 10 competitive investment destinations. SAGIA has institutionalized this process by creating the National Competitiveness Center, which benchmarks the performance of Saudi Arabia’s investment environment to more than 300 indicators as measured by global competitiveness publications such as the World Bank’s “Doing Business” report, the World Economic Forum’s “Global Competitiveness Report”, and the IMD’s “World Competitiveness Yearbook”. Moreover, at the heart of the drive towards achieving the goals of competitiveness, job creation Saudi Arabia’s competitive advantage as the energy capital and its strategic location as a major hub between East and West. The Economic Cities will offer investors an unrivalled businessfriendly environment with globally competitive regulatory framework and incentive and incentives offering and economic diversification offered in the “Economic Cities”. The Economic Cities In developing the Economic Cities concept, over a thousand of the world’s free zones were surveyed. The sixty most successful zones were selected and studied to determine key success factors. The result is the Economic Cities concept. An ultimate innovation in Public-PrivatePartnership (PPP), the Economic Cities are comprehensive, fully integrated developments featuring a “live, work and play” design. They are cities and not zones. The objectives of the Economic Cities are to: - Promote balanced regional - Achieve economic diversification - Upgrade competitiveness development - Create jobs SAGIA, under the direction of the Custodian of the Two Holy Mosques and the Crown Prince, has launched a total of four integrated Economic Cities, one each in Rabigh (King Abdullah Economic City), Hail (Prince AbdulAziz bin Mousaed Economic City), Madinah (Knowledge Economic City) and Jazan (Jazan Economic City). Specifically, SAGIA’s vision for the Economic Cities is to contribute between a quarter and a third of the aspired national growth rate, to create over a million jobs, and to become home to 4 to 5 million residents by 2020. The Pillars of Global Competitiveness To achieve these ambitious aspirations, the Economic Cities were strategically designed around nine “pillars of competitiveness”. Together, these ten strategic pillars will complement one another to en-sure that investors have what it takes to succeed and that the Economic Cities achieve rapid and sustainable growth in line with the economic scale and targets set by SAGIA. AHK German - Saudi Arabia - www.saudiarabien.ahk.de 9 German - Saudi Business Magazine German - Saudi Business Magazine Energy Sector The world’s largest greenfield integrated state-of-the-art water and power project, the Shuaibah Project near Jeddah, utilizes one of Siemens’ cleanest steam power plants to generate power and desalinate water for the region of Makkah, Taif, and Jeddah. Siemens recently completed a project for Saudi Electricity Company (SEC) to provide harmonized grid solutions for a major substation in Saudi Arabia. The 380-kV substation adds 1,000 MVA of secure power transmission capacity to the Saudi Arabian grid, helping the country keep pace with the rapidly growing demand for power. As the project’s turnkey partner, Siemens provided technical solutions at all stages of the construction, installation, testing and commissioning of the substation. “We are dedicated and remain committed to continue our contribution to the development of infrastructure and human capital in Saudi Arabia.” Arja Talakar, President & CEO, Siemens Saudi Arabia. For more than 75 years, Siemens has been active in Saudi Arabia, where it’s Industry, Energy and Healthcare Sectors hold leading positions. Siemens currently has about 1,800 employees in Saudi Arabia. Siemens in Saudi Arabia has scored major successes in all three Sectors: Industry Sector Siemens Mobility Division contributed to the automation of the railway line between 10 the port city of Dammam and the capital Riyadh by providing cutting-edge signaling and telecommunications technology. The 449-km-long section of the line reserved for passenger service was equipped with the European Train Control System (ETCS), marking the first-ever use of this technology in the Arab world. The installed hardware was adapted to the extreme temperature conditions in Saudi Arabia. Furthermore, Siemens completed Phase I of the Mashaaer Mugaddassah Metro Project (MMMP), a rail transportation solution allowing pilgrims to significantly reduce the travel times between the holy sites during Hajj. Siemens has delivered the whole power supply system, traction substations and the entire overhead cable system. Siemens’ Industry Solutions Division has received an order to provide demineralization and condensate polishing equipment for the new Marafiq Yanbu power plant in Yanbu. The new plant will allow Marafiq to increase its power generation capacity to better serve industries based in the cities of Yanbu and Jubail. The multi-million-dollar water treatment systems are scheduled for start-up in 2011. We have traditionally and continuously maintained a strong relationship with large local companies and government institutions. Recently, a strategic procurement agreement was signed with Saudi Aramco to strengthen the cooperation between the two companies and give them access to our Oil and Gas Division’s rotating equipment and services. This will in turn lead to more cost efficiency for both companies due to reduced project times. Siemens has signed one of the largest orders recorded by Siemens Energy in the Middle East. The order is worth over US $ 1 billion and we will supply the Ras Al Khair power plant near the Jubail area with twelve gas turbines, five steam turbines and many other components. Healthcare Sector Siemens in Saudi Arabia is committed to supporting the careers of young Saudis through targeted professional recruitment programs. Our global program, Siemens Caring Hands, provides socio-economic support to under-privileged communities. The Siemens Generation21 program strongly supports educational activities with its innovative Discovery Box initiative aimed to inspire tomorrow’s young Siemens provides more than 50% of MRI scientists, engineers and doctors. systems and Lithotripters to hospitals in Saudi Arabia. Almost every hospital in the country uses Siemens medical equipment. Siemens’ Healthcare Sector executed a turnkey project for the King Faisal Specialist Hospital & Research Centre in Jeddah. The renovation and upgrade of the complete radiology department required various Siemens medical products, systems and solutions that enable the hospital to optimize its workflows and improve the efficiency and quality of patient care. In terms of one of the most significant projects in the Kingdom, together with our partner E.A. Juffali & Brothers we are going to establish a manufacturing facility in the Eastern province. The factory will enable the local production of gas turbines and rotating equipment for the Saudi Arabian market. The factory will be both a job machine and a center of excellence for engineering. AHK German - Saudi Arabia - www.saudiarabien.ahk.de 11 MERCK German - Saudi Business Magazine Merck Serono Living science, transforming lives Saudi market is the ultimate playground for successful businesses… Sheikh Yasser Al-Naghi: "Our focus is on development of national talent and expertise to meet the growing demand in the industry" Merck Serono Moves Closer to Saudi Arabia… “Great places to Work” …. In 2010 Merck Serono was awarded the No.1 position amongst pharmaceutical companies in the Middle East. Jeddah, Saudi Arabia, 21 June 2011 - The pharmaceutical field, as well as the Saudi market, in Jeddah, celebrates the inauguration of the new offices of Merck Serono a biopharmaceutical division of Merck KGaA, Darmstadt, Germany, a global pharmaceutical and chemical company. On the 21st of June, 2011, Merck Serono commemorated the opening of its new offices in Jeddah under the venerable supervision of Mr. Wayne Paterson, the Senior Vice President of Emerging Markets, Executive Member of the Board and Head of Cardio Metabolic Care Business Unit, attending on behalf of Merck family, with the presence of MS Saudi partner Sheikh Yasser Al-Naghi, President of Cigalah Group, and his Excellency Mr. Ulrich Maier, Consul of 12 Federal Republic of Germany, in addition to representatives of Saudi media and press. After welcoming attendees, Mr. Yasser Tawfik, the Managing Director of Merck Serono in Saudi Arabia explained: "This occasion marks the inauguration of our new offices in Jeddah as part of Merck Serono's intercontinental platform and boosting our presence in the kingdom, which has been lasting for 30 years.” He added: "This important step aims at offering greater focus on KSA specific issues and needs, being closer to our patients and healthcare professionals and providing smoother supply of medicines to the Kingdom. Through locally manufacturing in Saudi Arabia we are also aiming to build and train national expertise and talents in the field, to provide best in class medications for chronic regional diseases, and to build long term partnerships with the Ministry of Health, the Saudi Food and Drug Authority (SFDA), and other healthcare bodies". Sheikh Yasser Al-Naghi, President of Cigalah Group, commented: "We were very pleased with our long-lasting partnership with Merck Serono in KSA in providing best in class patient care and we will continue to invest in the development of our systems to match and surpass the global standards for pharmaceutical distribution within our partnership with the Ministry of Health and other authorities in providing complete, world-class healthcare solutions to patients in KSA". Mr. Karim Smaira, Vice President of Merck Serono Intercontinental Region, highlighted that Merck Serono has moved the regional office from Geneva to Dubai for providing greater focus on the region. He added: "The aim is to continue to address regional healthcare issues, identify and capitalize on synergies in the region especially Saudi Arabia being the largest country in the Middle East.” He continued: "Part of Merck Serono's commitment to society is healthcare professionals’ education, which can be seen by Merck Serono’s founding of "Serono International Foundation" a not-for-profit organization that coordinates and accredits medical education around the globe". Mr. Wayne Paterson has confirmed that MerckSerono's presence in Saudi Arabia shows that Merck Serono will continue to invest and partner with local stakeholders to enhance the medical services provided to the Saudi people. He added: "Merck Serono's products are commercialized in 150 countries around the globe and we are part of Merck Group, which operates in four divisions, Pharmaceuticals, Performance Materials, and Merck Millipore and Consumer Health. Our vision is to focus our expertise around one enduring commitment; to transform medical science into breakthrough solutions that make a difference to people’s lives, while showing our great awareness of our responsibility towards society and environment. We partner with different German - Saudi Business Magazine global authorities and bodies, such as WHO, United Nations Global Compact to ensure access to treatment in developing countries, fight counterfeit medicines, promote and enforce fundamental values in human rights, fair labor relations, environment and fight against corruption". The importance of such an event lies in the international grandeur of Merck Serono and its insistence on centralizing in the Saudi market. Indeed, this reflects not only the overwhelming growth of business in Saudi Arabia, but also the beneficial investment as it is targeted on health and welfare. About Merck Serono Merck Serono is the biopharmaceutical division of Merck KGaA, Darmstadt, Germany, a global pharmaceutical and chemical company. Headquartered in Geneva, Switzerland, Merck Serono discovers, develops, manufactures and markets prescription medicines of both chemical and biological origin in specialist indications. In the United States and Canada, EMD Serono operates as a separately incorporated affiliate of Merck Serono. Merck Serono has leading brands serving patients with cancer (Erbitux®, cetuximab), multiple sclerosis (Rebif®, interferon beta-1a), infertility (Gonal-f®, follitropin alfa), endocrine and metabolic disorders (Saizen® and Serostim®, somatropin), (Kuvan®, sapropterin dihydrochloride), (Egrifta™, tesamorelin), as well as cardiometabolic diseases (Glucophage®, metformin), (Concor®, bisoprolol), (Euthyrox®, levothyroxine). Not all products are available in all markets. With an annual R&D expenditure of over € 1bn, Merck Serono is committed to growing its business in specialist-focused therapeutic areas including neurodegenerative diseases, oncology, fertility and endocrinology, as well as new areas potentially arising out of research and development in rheumatology. About Merck Merck is a global pharmaceutical and chemical company with total revenues of € 9.3 billion in 2010, a history that began in 1668, and a future shaped by more than 40,000 employees in 67 countries. Its success is characterized by innovations from entrepreneurial employees. Merck's operating activities come under the umbrella of Merck KGaA, in which the Merck family holds an approximately 70% interest and free shareholders own the remaining approximately 30%. In 1917 the U.S. subsidiary Merck & Co. was expropriated and has been an independent company ever since. For more information, please visit: www.merckserono.com or www.merck.de AHK German - Saudi Arabia - www.saudiarabien.ahk.de 13 German - Saudi Business Magazine Dräger Dräger Patient monitoring in anesthesia: One look at the display and the anesthetist is informed about numerous parametres and their development. One system next to the other: In a special area the systems are submitted to a stress test. 14 Technology For Life Dräger is an international leader in the fields of medical and safety technology. The family-owned company was founded in Lübeck, Germany, in 1889. Over the past five generations, Dräger has evolved into a publicly traded, worldwide group. The company’s long-term success is based on the four key strengths of its value-driven culture: customer intimacy, professional employees, continuous innovation and a commitment to outstanding quality. “Technology for Life” is the guiding philosophy. Whether in the operating room, in intensive care or emergency response services, Dräger products protect, support and save lives. Dräger offers its customers anaesthesia workstations, medical ventilation, patient monitoring as well as neonatal care for premature babies and newborns. With ceiling supply units, IT solutions for the OR, and gas management systems the company is at the customer’s side throughout the entire hospital. Emergency response services, law and regulatory enforcement and the industry trust in Dräger’s integrated hazard management, in particular for personal protection and plant safety. This includes: respiratory protection equipment, stationary and portable gas detection systems, professional diving equipment and systems, as well as alcohol and drug impairment detection. In collaboration with its customers Dräger develops customized solutions, such as entire fire training systems, training concepts and workshops. Draeger Arabia Co. Ltd., based in Riyadh was founded in 1999. Around 80 employees work in life cycle solutions and infra structure projects for the hospitals of Saudi Arabia. Draeger Arabia has three branch offices in Riyadh, Jeddah and Dammam. Service engineers are located in all Provinces and Cities of the Kingdom. Draeger Arabia Co. Ltd. and her partners offer medical technology products for hospitals and doctor’s offices. That is, for Emergency Rooms mobile ventilators, in the Operating Theatres anesthesia systems and consumables like ventilator masks as well as OR-lights and Boom arm Systems. In Intensive Care our company offers units for the monitoring and ventilation of patients. For neonates we provide incubators and specially developed ventilators supporting their ventilation. Draeger Arabia and her partners work as a solution provider for governmental and private hospitals. Dräger has about 11,300 employees worldwide and is currently present in more than 190 countries. The company has sales and service subsidiaries in over 40 countries. Its development and production facilities are based in Germany, Great Britain, Sweden, South Africa, the USA, Brazil, the Czech Republic and China. Bischof + Klein German - Saudi Business Magazine Bischof + Klein B+K MEC Joint Venture In the Arabian Peninsula region, B+K MEC is assuming a leading role in the plastic industrial packaging market. For over ten years now, the successful joint venture undertaken by German fam-ily-owned company Bischof + Klein and the two Saudi family-owned companies H. A. Al-Zamil & Bros. Co. and Al-Rajhi House Enterprises plus Ahmed A. M. Al-Ohali has been producing FFS packaging solutions on the basis of co-extruded films as well as stretch hood and shrink films. The company is based in Al-Khobar, not far from the Al Jubail industrial complex near to Dammam. A second plant is being planned in the Rabigh petrochemicals complex. "We are profiting from the petrochemicals industry's strong growth and our outstanding reputation in the region", explains Dr. Volker Pfennig, managing director of the B+K-GROUP. "Co-operation with the Saudi companies is outstanding. We are extremely satisfied." Abdulaziz Al Zamil, the former chairman of the Royal Commission and one of the leading lights of the Kingdom's industrialisation, is an honorary mem-ber of B+K MEC's advisory board. Since Saudi Arabia took the decision not only to extract its raw materials but also to further process them itself, the petrochemicals industry within the country has been booming. B+K MEC's biggest customer is SABIC (Saudi Basic Industries Corporation), which boasts various production locations. In addition to Saudi companies, B+K MEC also supplies numerous companies in the neighbouring states. So far, B+K MEC has carried out production on nine FFS lines and two machines for the Smart-Flex® stretch hood range. At the end of October 2011, two additional FFS film lines will enter op-eration. The company's annual capacity will then amount to 24,500 tonnes of FFS films and 5,400 tonnes of stretch films according to B+K MEC's managing director, Yousif Al-Suwailem. 30% of the regular workforce come from Saudi Arabia; their colleagues are Lebanese, 16 B+K MEC offers the most state-of-the-art film production in the region Filipinos, Indians, Bangladeshi, Egyptians and Sudanese. Freddie de Mey has been head of production since 2010. The Belgian national was previously employed as technical director at B+K France in Pont Audemer. However, he was already very familiar with the region thanks to working at B+K MEC from 2002 to 2004. In 2001, B+K MEC began producing printed tubular films for automatically packaging PE granules plus pallet protection films with 35 employees. To date, the plant offers the most state-of-the-art film production in the region. In addition, B+K MEC is the only local producer of stretch hood film. The B+K-GROUP is a leading European full-service supplier of flexible plastic and paper packag-ing and technical films which boasts a strong worldwide network. In 2010, B+K employed a total of around 2,400 staff at six production plants in Germany, France, the United Kingdom, Poland and Saudi Arabia. The company generated turnover of around 450 million Euros. The B+K-GROUP'S product range encompasses the entire range of flexible packaging from traditional industrial packaging and consumer packaging to special films for technical applications. Bischof + Klein manufactures its products using the latest systems for mono/ co-extrusion, gra-vure/flexographic printing, solvent-based/solvent-free lamination and coating as well as for extru-sion lamination and coating. Highly-developed conversion technology with product-specific facili-ties for sealed, welded and adhesive designs enable individual production according to customers' wishes. Bischof + Klein enjoys outstanding relationships with all customers within the local petrochemicals industry and is anticipating further growth. Dr. Volker Pfennig: "The region is developing into a crucial location for the production of PE granules. We wish to continue participating in this growth. At the same time, we are contributing towards the creation of jobs for the young, up-and-coming generation." About Bischof + Klein Bischof + Klein (2010: 2,400 employees, turnover approx. €450m) is one of Europe's leading full-service suppliers of flexible plastic and paper packaging and technical films. The B+K-GROUP manufactures at six production plants in Germany, France, the United Kingdom, Poland and Saudi Arabia, and has a worldwide network of sales offices. B+K's product range encompasses the entire range of flexible packaging and technical films - from traditional industrial packaging and consumer packaging to special films for technical applications. If you have any further questions, please contact: Gudula Benning Kommunikation Tel. +49 (0) 54 81/9 20 - 1 99 Fax +49 (0) 54 81/9 20 - 98 1 99 gudula.benning@bk-packaging.de TÜV Rheinland Arabia LLC Member of TÜV Rheinland Group Tel: +966-02-657-1416 Fax: +966-02-651-4281 Al-Ruwais Dist., Al-Andalus Street P.O. Box 11488, Jeddah 21453 E-mail: info@sa.tuv.com Web: www.tuv.com German - Saudi Business Magazine SIG Combibloc Obeikan A decade of success in the Middle East SIG Combibloc Obeikan Joint venture enjoys continued growth Every day, millions of people all over the world quench their thirst with drinks out of carton packs from SIG Combibloc. As one of the world’s leading system manufacturers of carton packs and filling machines for beverages and food, SIG Combibloc is a preferred partner in the food industry. SIG Combibloc can look back on ten years of successful co-operation with the Obeikan Investment Group of Saudi Arabia in their “SIG Combibloc Obeikan” joint venture. From an initial figure of 362 million carton packs in 2001, SIG Combibloc’s sales in the region have grown to 2.8 billion packs in 2010. In 2001, SIG Combibloc and the Obeikan Investment Group entered into a joint venture to market aseptic carton packs and the filling machines for long-life beverages and food. The Obeikan Investment Group is a major player in the printing, packaging and publishing industries starting in 1982. The group has more than 3,000 employees and more than 15 representation offices in the Middle and Far East and Africa. Obeikan Investment Group of Saudi Arabia and SIG Combibloc can look back on ten years of successful co-operation in their joint venture “SIG Combibloc Obeikan”, and are looking forward to a very promising future. The joint venture supplies aseptic carton packs and filling machines for long-life food for customers in the market area represented by the Gulf Cooperation Council (GCC) states (Saudi Arabia, Kuwait, the United Arab Emirates, Bahrain, Oman and Qatar), the Levant region, Africa and South Asia. 18 Dr. Franz-Josef C ollin, now Managing Director of SIG International Services GmbH: “The very first talks with Obeikan were extremely valuable for both future partners in the joint venture. At the ANUGA FoodTec trade fair in 2000, we jointly worked out the key points for the framework agreement for a joint venture, and just a year later we kicked off our partnership with a 50:50 joint venture”. Both partners recognised the growing trend among the region's consumers to look for foods packaged for long life – aspects of quality, hygiene and convenience played a key role here. For both partners, the partnership between the Obeikan Investment Group of Saudi Arabia and SIG Combibloc meant regional market entry with aseptic carton packs and additional growth in the Middle East region. German - Saudi Business Magazine SIG Combibloc Obeikan The partnership began initially in sales and distribution and was later expanded to include production activities, with the building of a packaging materials plant in Riyadh. SIG Combibloc now employs 222 staff in Saudi Arabia. The establishment of a local packaging production was evidence of the positive market development in the region, and provided a fresh spur to push ahead with further development. The company invested more than USD 37 million in the new production plant. The new plant has a production area of 45,000 square metres. By manufacturing locally, the company is able to respond more rapidly to customer needs, improve its service offer and substantially reduce delivery times. More than six million packaging sleeves are now produced in the local production plant every day – mainly the small formats combiblocMini and combiblocSmall. The screw cap combiSwift has also been produced in Riyadh since 2009, with daily output of about a million units. Plans are already in place to further expand this capacity. “For us, a successful business strategy principally means being there for the customer,” says Abdallah Obeikan, CEO of SIG Combibloc Obeikan. “By having a presence on the spot in the Middle East and Africa, SIG Combibloc Obeikan is close to its customers. Personal and direct contact is an important precondition for successful cooperation.” The joint venture has been charting successes in the strong-growth markets of the Middle East ever since it was founded. The market comprises all of the Gulf Cooperation Council (GCC) states (Saudi Arabia, Kuwait, the United Arab Emirates, Bahrain, Oman and Qatar), the Levant region, Africa and parts of South Asia. The joint venture currently looks after 71 countries. It has sales and service offices in Riyadh and Jeddah (Saudi Arabia), Cairo (Egypt), Tunis (Tunisia),Casablanca (Morocco), Tripoli (Libya), Tehran (Iran) and Istanbul (Turkey). In 2010, these were joined by branches in Cape Town (South Africa) and Lagos (Nigeria). SIG Combibloc Obeikan opened an additional branch in Algiers (Algeria) in February 2011. SIG Combibloc is one of the world’s leading system suppliers of carton packaging and filling machines for beverages and food. Closer to the market, quicker to the customer. A particular decisive step for the joint venture was the start of its cooperation with food manufacturer Almarai in 2005. For this company, the largest producer and exporter of milk and milk products in the Middle East, SIG Combibloc Obeikan provided complete filling and downstream solutions for a newly established production facility in Riyadh. The flexibility offered by the new filling machines enabled the entire range of the company’s milk and juice products to be re-launched in various packaging formats from SIG Combibloc. In the meantime, ten SIG Combibloc filling machines are in operation for Almarai, some allowing an output of 24,000 packs per hour. Very promising outlook At the outset, in 2001, there were a total of 29 SIG Combibloc filling machines in use in the region; this figure has grown in the meantime to 110. The outlook for further growth in the markets of the Middle East and Africa is very promising: more and more customers are putting their trust in SIG Combibloc’s flexible filling technology. Thus, Juhayna, Egypt’s leading manufacturer of juices and milk products, installed a CFA 124 high-speed filling machine in 2009 to aseptically fill products into combiblocMini. This was the first high-speed filling machine in the region, operating at a rate of 24,000 packs per hour. In 2010, SIG Combibloc Obeikan made an important advance into the South African market with its customer DairyBelle, South Africa’s oldest and most well known dairy cooperative. SIG Combibloc is consolidating its position in Africa further with Nigerian food manufacturer Dansa. In 2011, the Saudi Arabian company Aujan, a long-established supplier of the brands Vimto, Barbecan and Rani, decided to fill its products in carton packs from SIG Combibloc. New concepts The new product concept drinksplus is also meeting with major approval in the region: With drinksplus milk drinks and non-carbonated juices, smoothies and fruit juice drinks with up to ten per cent natural particulate content can be aseptically filled into carton packs using standard SIG Combibloc filling machines for liquid dairy and NCSD products. The first drinksplus pro-ducts worldwide have been launched in Iran just recently and will be filled and launched in Saudi-Arabia in the near future, as well. Every day, millions of people all over the world quench their thirst with drinks out of carton packs from SIG Combibloc. As one of the world’s leading system manufacturers of carton packs and filling machines for beverages and food, SIG Combibloc is a preferred partner in the food industry. AHK German - Saudi Arabia - www.saudiarabien.ahk.de 19 German - Saudi Business Magazine The Linde Group The Linde Group A success story that began with the separation of air. The Linde Group is a world leading supplier of industrial, process and speciality gases and is one of the most profitable engineering companies. Linde products and services can be found in nearly every industry, in more than 100 countries. The Group comprises three Divisions: Gases and Engineering (the two core Divisions) and Gist (logistics services). Gases Division The Linde Group is a world leader in the international gases market. We offer a wide range of compressed and liquefied gases as well as chemicals, which makes us an important and reliable partner for a huge variety of industries . Our gases are used, for example, in the energy sector, steel production, chemical processing, environmental protection, and welding, as well as in food processing, glass production and electronics. We are also investing in the expansion of our fast-growing Healthcare business, i.e. medical gases, and we are a leading global player in the development of environmentally friendly hydrogen technology. Engineering Division Our Engineering Division is successful throughout the world. It focuses on promising market segments such as olefin plants, natural gas plants and air separation plants, as well as hydrogen and synthesis gas plants. In contrast to virtually all our competitors, we are able to call on our own extensive 20 process engineering expertise in the planning, project development and construction of turnkey industrial plants. Linde plants are used in a wide variety of fields: in the petrochemical and chemical industries, in refineries, fertiliser plants and in the pharmaceutical industry. Linde also constructs plants to recover air gases, produce hydrogen and synthesis gases and treat natural gas. Linde in Saudi Arabia : SIGAS The Linde Group has acquired in the year 2008 51 percent of the shares in the familyowned industrial gases company SIGAS (Saudi Industrial Gas Co. ltd.). “We are delighted to be entering into this partnership with one of the leading industrial gas companies of the dynamic Saudi Arabian market”, explained Dr Aldo Belloni, member of the Executive Board of Linde AG. “This geographical expansion of our gases business combined with the strong presence of our Engineering Division in the whole Arabian Peninsula will fundamentally strengthen our position in a highly attractive region and demonstrates our commitment to the area.” Linde-SIGAS, which employs about 400 people, is the second biggest industrial gases company in Saudi Arabia and achieved sales of around 40 million euro in the 2010 financial year. The industrial gases market in Saudi Arabia is expected to grow by more than 10 percent per annum. Established in 1955, Saudi Industrial Gas Co. Ltd. (SIGAS) is the first industrial gases company to be set-up in the Kingdom of Saudi Arabia. Today, Linde-SIGAS is the leading manufacturer of all Bulk, Industrial, Medical and Specialty gases for the growing needs of the Kingdom, with operational and Sales outlets spread throughout major cities of Saudi Arabia. The Specialty Gases Division (SGD) of Linde-SIGAS manufactures Ultra High Purity and Carrier Grade pure gases having purity of 99.9999%; mixture gases including Calibration gas mixture, Medical gas mixture, Environmental gas mixture and welding gas mixture using highly reliable and gravimetric technology. Our Specialty gas products are of international standards and traceable to NIST - USA (National Institute of Standards & Technology) standard. The Projects Division has developed in-house expertise in building and settingup of Piped Medical & Industrial Gases Supply Systems. Linde-SIGAS supplies Refrigeration gases of various grades under the brand SIGRON. Imported brands SOLKANE manufactured by SOLVAY FLOUR(Germany), GENETRON – manufactured by HONEYWELL (USA), FORANE manufactured by ARKEMA (France) in addition to Linde brand which is filled by leading manufacturers, SIGAS has the ability to supply in various packing - ISO tanks, 1-ton tanks, refillable and disposable cylinders. The Linde Group Linde-SIGAS provides value addition to its customers through a wide product range of hardgoods which include welding consumables, oxy-fuel equipments, accessories and safety products imported from leading manufacturers around the world. The company has expanded its reach, through active export to other GCC countries, Syria, Egypt, Yemen, and other parts of Middle-east, currently export business represents considerable share of total turnover and includes all the product range. Linde-SIGAS is an ISO 9001:2008 organization and our products meet international standards. This is achieved through highly sophisticated process monitoring, Quality Control & Assurance procedures and systems and a trained workforce. Over the years, the company has been catering to the changing needs of the customers Kingdom wide from a spectrum of industries – Oil & Gas Exploration, Refineries, Defense, Petrochemicals, Energy, Water Conversion, Steel, Power Plants, Telecom, Dairy, Chemical, Aerospace, Glass, Plastic, Aluminum, Fire Fighting, Refrigeration & AirConditioning, Cement, Agriculture, Construction, Process industries, Food & Beverage, Health care, Research Institutes and others. Linde-SIGAS is recognized as a market leader in their chosen business, it has achieved this recognition through Customer Service, Cost Leadership, Innovation, and Technology Enhancement, accomplished by a professional business team totally dedicated to SIGAS' vision. Mr. Thamer Radwan, MD of LindeSIGAS gives an insight into the core values of the company: German - Saudi Business Magazine “The statement of Vision and Mission for Linde-SIGAS is a product of the thoughts of the people who work here. Our Values reflect some of the principles which guide the management behaviour. Our actions are based on the ethics and heritage of the company spanning more than 50 years of service to industry and people. Business integrity and customer service are considered to be two of the Value pillars at the foundation of management behaviour towards customers and shareholders. Linde-SIGAS’s commitment to act by the rules and regulations of the country in which we operate is the third pillar of VALUE system. Linde-SIGAS manages expenses and investments in a way that stimulates growth and is aware of the fact that shareholders money is spent. This forms the fourth pillar of our VALUE system. Linde-SIGAS believes that customer satisfaction should exceed expectations both internally as well as externally in transactions that promote business that take us beyond the goals. In order to achieve this, the Quality Policy helps develop thinking within the company to do right things, all the time. Our Safety Policy is to lead by example – both within and beyond company walls. We are equally committed to the health and occupational safety of our employees and environmental protection at large. Putting Safety, Health& the Environment first is our goal and we also actively support our partners and customers in achieving this, SIGAS has been warded certification from Presidency of Meteorology andEnvironment of operating with compliance to the kingdom environmental regulations. company. Our employees are considered to be our prime assets and their development core to our values. We see People Excellence as a great opportunity for us as company and for every individual: our people that are ready to take upon new challenges are the heart and soul of a successful business, especially in the demanding and fast changing world in which we operate. While shaping our destiny we also focus on products and gases applications that help the Environment that we live in. For building the future of the world, we make changes in the products and services that help sustain the Nature.“ The Linde Group is a world-leading gases and engineering company with around 49,100 employees working in more than 100 countries worldwide. In the 2010 financial year, it achieved sales of EUR 12.868 bn. The strategy of The Linde Group is geared towards long-term profitable growth and focuses on the expansion of its international business with forward-looking products and services. Linde acts responsibly towards its shareholders, business partners, employees, society and the environment – in every one of its business areas, regions and locations across the globe. Linde is committed to technologies and products that unite the goals of customer value and sustainable development. For more information, see The Linde Group online at: www.linde.com or see SIGAS at www.linde-gas.com.sa Linde-SIGAS Management Philosophy is involving the people who represent the AHK German - Saudi Arabia - www.saudiarabien.ahk.de 21 German - Saudi Business Magazine ZEPPELIN The ZEPPELIN Group is a company with more than 100 years of tradition. The roots go back to the founder of the Airship Technology Ferdinand Count Zeppelin. Today the Zeppelin Group employs more than 6000 people at 190 locations worldwide and achieved sales of Euro 2.0 billion in the financial year 2010. Zeppelin is the provider of leading technology products in the markets served, and of the best service for these products. Zeppelin delivers to its customers the highest added value in the industry, enabling them to reinforce their own competitive strength. ZEEPELIN Systems is the world market leader in the development, production and construction of systems for handling (storage, conveying, mixing, dosing and weighing) – of high value bulk materials. Headquarter is located in Friedrichshafen Germany with approx. 1100 employees, working out of 19 subsidiaries worldwide. Zeppelin Systems supplies plants to the Polymer-, Plastics Processing-, Rubber and Tire-, Foodand Liquids Processing Industry. The GCC countries especially Saudi Arabia is an important market for Zeppelin Systems to supply bulk material handling plants. One of the main products supplied 22 Zeppelin Gulf GULF COMPANY LTD. with this plants are large Aluminum Silos and Blenders to store bulk materials such as polymer powders and pellets, general chemicals as well as raw materials for the Food Industry. In the past the silos had to be built directly on the customer site because the silos were shipped in parts and welded together on site. Already in 2006 Zeppelin Systems decided to execute an order containing more than 50 large silos and 20 km of piping not on customer site. For this project Zeppelin Systems established a manufacturing facility directly in Saudi Arabia along the Dammam – Jubail Highway to build the large silos and do the pipe prefabrication. This set up was appreciated by the local industry in Jubail area and orders for new projects where secured. Systems and Silo – Technology including Erection Work. To ensure reliable operation of the supplied plants Zeppelin Gulf provides local Service and Maintenance to the customers. A range of spare parts are kept on stock. In 2008 ZEPPELIN GULF COMPANY Ltd. was founded and German management established. The production facility has been continuously developed and is the only state of the art production plant for aluminum silos and pipe prefabrication in Saudi Arabia and the GCC countries of its kind. The next steps will be entering into the Industrial Service sector. With its broad knowledge in welding and non destructive testing Zeppelin Gulf will start to provide these services to the local industry. Today Zeppelin Gulf has extended its services to supply complete Bulk Material Handling Systems, Pneumatic Conveying The reference list includes Sabic and its affiliates, Tasnee, APC, Sahara Petrochemicals, Aljabr - Talke, Natpet and also customers in other GCC countries. In total Zeppelin Gulf has produced more than 200 silos and blenders the largest 2000 m³ and supplied successfully to the customers. In addition to that several thousand pipe spools where prefabricated in accordance to isometric drawings and erected in the field. Contact: Zeppelin Gulf Company Limited P.O. Box 1495 Al – Jubail 31951 Kingdom of Saudi Arabia E-mail: holger.stein@zeppelin-gulf.com German - Saudi Business Magazine German - Saudi Business Magazine ThyssenKrupp building across all floors. This innovative solution has been installed in the CMA Tower. In our Business Area Plant Technology, which includes the planning and construction of chemical plants, refineries and other industrial plants, equipment for the cement and minerals industry, machinery, plant and systems for the mining, processing, handling and transportation of raw materials and minerals. ThyssenKrupp Polysius is a strong partner of the cement and minerals industry, offering project elaboration, engineering and design, shipment, field assembly and commissioning, as well as comprehensive service activities, for complete production lines, individual products, plant conversions and upgrades. Numerous cement producers in Saudi Arabia, Yamama Cement Co. and Eastern Province Cement Co. now rely on our technology and innovative solutions. The experience of ThyssenKrupp Foerdertechnik in the mining, materials handling and mineral processing industries makes us the partner of choice from planning to operation. Numerous plants have been engineered, supplied and installed at sites of Riyadh Cement Co., Al Safwa Cement Co., Southern Province Cement Co., Saudi Cement Co. and Yamama Cement Co. ThyssenKrupp in Saudi Arabia ThyssenKrupp AG is a diversified industrial group. It employs around 180,000 employees in over 80 countries developing ideas and innovations into solutions for sustainable progress. In the fiscal year 2009/2010 ThyssenKrupp generated sales of more than €42 billion. For us innovations and technical progress are key factors in managing global growth and using finite resources in a sustainable way. With our engineering expertise, we enable our customers to gain an edge in the global market and manufacture innovative products in a cost and resource efficient manner. Since more than 6 decades, ThyssenKrupp has been active in Saudi Arabia with own subsidiaries and branches in Riyadh, Jeddah, Al Khobar. 24 Our Steel, Stainless Steel and Materials Business Areas serve our customers with a wide range of material solutions, ranging from carbon- and stainless steel, tubes and pipes to nonferrous metals and plastics. Combining project management expertise, global connections, specific market knowledge and comprehensive services, our Materials Services/ThyssenKrupp Materials International supplies customers throughout the world with metals, alloys, minerals, industrial gases and coke. We also provide innovative technical and infrastructure services in railway equipment, civil engineering, port construction, plant and steel mill services covering all aspects of industrial production. A recent reference here is the supply of material and equipment for the North-South Railway project. Our portfolio also includes consultancy and planning services, equipment hire, customer and spare parts services as well as installation, maintenance and repair of machinery, plant and technical structures. Our Elevator Technology Business Area is active in the area of passenger. transportation systems. Its range includes passenger and freight elevators, stationary and mobile escalators, moving walks, passenger boarding bridges as well as stair and platform lifts. In addition to systems for the volume market, the portfolio also includes custom solutions as well as service, maintenance and modernization packages precisely tailored to customer requirements. Some recent references are the Mecca Clock Tower, Al Haramain Train Station, VIP Mobile Escalators for SaudiAirlines, Princess Nora University, Unite Towers and The Nation Tower. Our innovative TWIN is the first elevator system to have two cabs running independently one above the other in the same shaft. This technology has many advantages over conventional elevator systems, including the fact that waiting and travel times are reduced to a minimum – thanks in part to the use of an intelligent destination selection control system. In addition, the higher capacity allows the number of shafts needed to be reduced by up to a third, freeing up additional useful space in the With the construction of the world’s two largest ammonia plants for our customers Safco and Ma’aden, ThyssenKrupp Uhde has succeeded in improving its clients’ reputation with their as yet unbeaten capacity record. Furthermore, it is represented in the Saudi Arabian market with proprietary technologies (polyester, electrolysis, ethylene dichloride) and other products. In addition, ThyssenKrupp Uhde has also invested in yet more on-site competence in the form of local organisations and international partnerships which enable us to keep up with the ever-increasing number of customers on the world market. Depending on the project and the requirements of the customer, we find tailor-made solution for collaboration with local and international suppliers and engineering partners. These services cover our entire range from the initial concept drafting, process orientation, and basic and detail engineering packages to turnkey completion of the plant. As a process-oriented company, we combine the technical expertise from our Uhde wide range of processes with innovation and value engineering. Our special brand of corporate performance and efficiency is based on the fact that the company can offer complete process chains in many technological fields and has consequently accumulated a wealth of experience in dealing with process-related tasks. As an experienced plant construction company, ThyssenKrupp Plant Technology is well equipped to ensure success and can rely on the extensive competence of its diverse technical divisions and our local organisations to provide intelligent solutions. Moreover, the team spirit of our motivated, highly qualified employees guarantees optimum service for our customers in Saudi Arabia. AHK German - Saudi Arabia - www.saudiarabien.ahk.de 25 German - Saudi Business Magazine Henkel Arabia HENKEL Arabia Henkel, a German based fortune 500 company and one of the top names in brands and technologies, both in the personal care and industrial-commercial products, entered the Saudi market by establishing Henkel Detergents Saudi Arabia in 1998 and has since then grown rapidly. Today, Henkel employs more than 300 people in KSA with a strong local and multinational work force and has also established itself as the no.2 player in the Home Care category. It operates a large factory in Riyadh, Saudi Arabia, producing Laundry and Home care products which it also export to neighboring countries. Furthermore, Henkel has a joint venture company in the eastern province for the Adhesive Technologies business sector. This mix of German technology and local talents led last year to Henkel Arabia being awarded one of the top innovative companies in the Kingdom of Saudi Arabia – a prestigious recognition among some of the top brands in the country. 26 A German based, FORTUNE 500 COMPANY Saudi Arabia is becoming more and more significant to Henkel as a whole and this was highlighted during a recent visit by Henkel CEO Kasper Rorsted and Henkel members of the management board to the region. Henkel operates worldwide with leading brands and technologies in three business areas: Laundry & Home Care, Cosmetics/Toiletries and Adhesive Technologies. Laundry & Home Care has always played an important role for Henkel: The Company’s success story started with a product from this business sector. For consumers around the world, Henkel brand names have become an integral part of their daily lives. In the markets of relevance to Henkel, the Laundry & Home Care business sector enjoys leading positions on a worldwide scale. Henkel's cosmetic division also holds a leading market position in all of theinternational market segments. Schwarzkopf & Henkel stands for brand-name products in the fields of hair colorants, hair styling hair care and form, toiletries, skin EVONIK INDUSTRIES care, oral hygiene and fragrances. Schwarzkopf Professional is among the world’s four leading suppliers of hair salon products. Evonik Industries, Tasnee and Sahara sign joint venture agreement to produce superabsorbents in Jubail, Saudi Arabia Henkel is the world market leader in adhesives, sealants and surface treatments for consumers, craftsmen and industrial applications. August 17, 2011. • Scheduled capacity of 80,000 metric tons p.a. • Start-up planned for late 2013. • Efficient sourcing of raw materials assured. • Patrik Wohlhauser, member of the Evonik Executive Board: "This is an important step for Evonik in the Middle East growth market." Henkel has a long tradition and a well-balanced portfolio of international, regional and local brands. Henkel offers a multitude of applications to satisfy the needs of different target groups – consumers as well as craftsmen and industrial businesses. Finally, Henkel is committed to satisfying the Saudi market demand for its products, which complies with international standards and specifications for quality and it continues to progress in this field. All the three business sectors have made their plans for further growth in Saudi Arabia and to take advantage of the stability this market enjoys especially after the global economic crisis and the political unrest in the region since the beginning of 2011. German - Saudi Business Magazine Evonik Essen/Riyadh. Evonik Industries and Saudi Acrylic Acid Company (SAAC) have established a joint venture called Saudi Acrylic Polymers Company (SAPCo) for the production of superabsorbents. SAAC is a joint venture of the Saudi companies National Industrialization Company (Tasnee) and Sahara Petrochemicals. The production facility with an annual capacity of 80,000 metric tons is scheduled to begin production in late 2013. The total investment will be in the triple-digit million Euro range. The SAPCo superabsorbent production is part of a new acrylic acid and derivative complex on the Tasnee premises of the Al Jubail chemical park in Saudi Arabia and will benefit from favorably priced propylene from the adjacent cracking facility operated jointly by Tasnee, Sahara, and Lyondell Basell. The EPC-contract will be assigned to Fluor. Patrik Wohlhauser, the Evonik Executive Board member responsible for the Consumer, Health & Nutrition reporting segment, and Dr. Moayyed I. Al-Qurtas, Deputy Chairman of the Supervisory Board and CEO of Tasnee, signed the corresponding joint venture agreement in Riyadh today. "This is an important step for our Group in the Middle East growth market and will significantly boost our leading position for superabsorbents," said Wohlhauser. Evonik is a leading global producer of superabsorbents, a key basic material for the manufacture of diapers and feminine hygiene products. The joint venture will be equipped with state-of-the-art Evonik superabsorbent technology and will benefit from the advantageous local source materials supply. The acrylic acid for the production of superabsorbents will come from an adjoining SAMCO facility. SAMCO is a joint venture of SAAC and Dow Chemicals. "This is the first superabsorbent production plant in the region. We will provide our customers with our usual high-quality, up-to-date technology to serve the growing market of the Middle East. Together with our Saudi partners, we are closing the supply chain from oil to diaper production in Saudi Arabia," noted Claus Rettig, the Head of the Evonik Consumer Specialties Business Unit. Company information Evonik is the creative industrial group from Germany. In our core business of specialty chemicals, we are a global leader. In addition, it has energy and residential real estate operations. Our performance is shaped by creativity, specialization, reliability and continuous self-renewal. Evonik is active in over 100 countries around the world. In fiscal 2010 more than 34,000 employees generated sales of around €13.3 billion and an operating profit (EBITDA) of about €2.4 billion. AHK German - Saudi Arabia - www.saudiarabien.ahk.de 27 German - Saudi Business Magazine Cassidian CASSIDIAN partner of the Kingdom of Saudi Arabia Cassidian, an EADS company, is a worldwide leader in global security solutions and systems, providing Lead Systems Integration and value-added products and services to civil and military customers around the globe: air systems (aircraft and unmanned aerial systems), land, naval and joint systems, intelligence and surveillance, cyber security, secure communications, test systems, missiles, services and support solutions. In 2010, Cassidian – with around 28,000 employees – achieved revenues of € 5.9 billion. EADS is a global leader in aerospace, defence and related services. In 2010, the Group – comprising Airbus, Astrium, Cassidian and Eurocopter – generated revenues of € 45.8 billion and employed a workforce of more than 121,000. Cassidian activities cover the following sectors: - Nationwide Security (intelligence and surveillance, command and control systems, secure communications, system simulation and integration, border security) - Security of Deployed Forces (intelligence and surveillance, land and joint systems, mobile support systems, deployed test systems, missiles and air defence) - Security of Critical Infrastructure and Natural Assets (intelligence and surveillance, air systems, secure communciations, critical infrastructure and site protection, maritime security, coastal surveillance) - Major Event Security (intelligence and surveillance, secure communication, system inegration and simulation) - Communication Network Security (control room solutions, cyber security, professionnal mobile radio, mobile data applications) 28 - Advanced Cyber Security and IT Infrastructure Protection (cryptographic solutions, identity management, secure exchange gateways, consulting and training) - Through-life Services (consulting and auditing, system integration and simulation, training, logistic support, in-service support, managed services and outsourcing) Combining the know-how to design, develop and implement overall systems, Cassidian has been able to position itself as leading security systems integrator. The company has unrivalled experience in securing today's world class events. Among Cassidian's track records are the G8/G2 summit, Formula 1 Grand Prix, the Olympic Games and the 2010 Soccer World Cup. Cassidian supports its partners and customers in Saudi Arabia in fulfilling their critical mission to protect their people, borders, infrastructures and deployed forces. Cassidian has commited to provide advanced defense and security solutions in Saudi Arabia through long-lasting partnerships. The company is working to establish its corporate citizenship and is commited to becoming an attractive employer, building on national talents. Cassidian is proud to deliver the security programme covering all of Saudi Arabia's borders. Having been under contract for the Northern border security, Cassidian has been awarded (as a prime contrator) the border security program covering the full borders of the Kingdom of Saudi Arabia. This contract will be excuted in the next five years and is the largest contract ever competed worldwide as a full solution. The project has been strongly competed through an international competition for several years. The Saudi border guard will benefit from a leading edge solution, providing visibility and operational awareness for about 9,000 km of borderline (mountains, deserts and sea borders). The solution will ensure border coverage is visible and managed at the sector level, whilst simultaneously providing situational awareness at the regional and national level. The EADS Group in the Middle East EADS, a global leader in aerospace, defence and related services, has representative offices in the United Arab Emirates (UAE), Saudi Arabia, Egypt, Oman, Qatar and Libya. The founding companies of EADS have had a presence in The Gulf region since the 1970s. EADS has been a long-standing partner of the Gulf Cooperation Council States and plans to develop its partnership policy further for future programmes. The Middle East is playing an ever important role in international business and is already a key regional market for EADS. The region generated €3.9 billion in revenues during 2009 - or 9% of the group total - with an order intake of € 4.9 billion. (2010 figures are not yet available). EADS is aiming to be a highly-valued long term strategic partner in the region. German - Saudi Business Magazine DETECON Al Saudia Co. Ltd. Detecon Al Saudia Co. Ltd. was established within the Kingdom of Saudi Arabia in 1982. Today Detecon Al Saudia (Detasad)is a joint venture between the Saudi FAL Group and Detecon International. Detecon Al Saudia acts as the representative of Detecon International (Deutsche Telekom Consulting – Part of the Deutsche Telekom Group) in Saudi Arabia. Under the lead of a German senior management group Detecon Al Saudia currently employs a total multinational base of around 1.500 employees and can offer a 29-year, long-standing reputation as a reliable telecommunications, VSAT and ICT service provider within Saudi Arabia. Detecon Al Saudia is the first satellite service provider in the Kingdom of Saudi Arabia to introduce a geo-redundant satellite services platform for high availability IP connectivity. Further Detecon Al Saudia has built in the first German 30 TUVIT certified data center fulfilling the very demanding “Trusted Infrastructure Site Level 3” specification. The data center officially launched operation in February 2010 and serves as a secure collocation and disaster recovery facility for important international banks, international airlines as well as the oil & gas industry. Since July 2011 Detecon Al Saudia is also capable to provide premium cloud computing application services from its data center in Riyadh (Microsoft Exchange 2011, Microsoft Office Communication Sever 2010, Microsoft SharePoint 2010 and Microsoft Dynamics CRM 2011), which can be individually customized according to our customers requirements. Continuous 24/7/365 support operations as well as a dedicated approach towards quality and delivery are major points of how Detecon Al Saudia differentiates itself from the competition in the market. Thus, Detecon Al Saudia secured multiple key medium to large enterprise VSAT clients from various business sectors such as telecommunications, banking, oil & gas, agricultural and manufacturing as well as governmental institutions. Please visit: www.detasad.com.sa www.cloudex.sa German - Saudi Business Magazine V-LINE MRO on the Move Outsourcing maintenance, repair and operation? V-LINE MRO on the Move How is V-LINE transferring this MRO supply & services knowledge? Since V-LINE Saudi Arabia was formed, V-LINE has been looking for strategic alliances and has inquired new licenses to adopt new services. Andreas Hergenröther and Jörg Bode, Minister for Economics, Labor and Traffic of the German Federal state of Lower Saxony, on their visit to the V-Line plant in Jubail. The V-LINE Group of companies, is a worldwide specialist for procurement of maintenance, repair and spare parts of all types for the maintenance of large industrial facilities. The entity V-LINE SAUDI ARABIA LTD. has been established on 1st October 2008."This important step was done at the right time" says Detlev Daues, Group Managing Partner. "The establishment of this 100% subsidiary was a crucial achievement in the business relationships with the Kingdom, which have been on-going for more than 30 years. V-LINE SAUDIA ARABIA set up its headquarters in Al Jubail where the most of the industry is concentrated - quickly following with branches in Riyadh and Jeddah. A branch in Mecca is coming soon. The expansion of the local presence enables V-LINE to provide valuable new services to customers who want to outsource their services. These new services offer reduction of the customers total procurement costs, including inventory, without compromising reliability or operational performance. Custom-designed solutions for a growing market with a promising future 32 “With V-LINE SAUDI ARABIA LTD. we are also able to offer international industrial and technology manufacturers and suppliers custom-designed supply chain solutions for their sustainable participation in the growth taking place in the Near and Middle East” – this is how Daues describes the Group's involvement in the Middle East markets. What does providing MRO services mean in the future? Managing Complexity! The world of maintenance, repair and operation (MRO) is changing from pure parts delivery and execution of services to comprehensive planning and coordination. These latter services are performed by integrated MRO service providers that often take on additional responsibilities such as coordinating multiple parts and service categories and assuming responsibility for equipment performance. Such highly integrated service providers may take over responsibility for manufacturers’ inventories, existing working processes, the human resources for operations and for implementing IT solutions to monitor the flow of MRO products and services. Besides selected manufacturer and supply chain management alliances, there has been a focus on the transfer of knowledge and building a strong Saudi team. This has led to establishing a relationship with the Deutsche Management Academy (DMAN), including an acquisition of shares. Founded in 1989, DMAN offers practice-oriented knowledge transfer that qualifies managers for management in international markets. DMAN is successful in Germany, Middle and Eastern Europe and Asia. Through our manufacturer alliances V-LINE SAUDI ARABIA started organizing technical seminars for the petrochemical industry, with topics such as “Latest Mixing Technology for Petrochemical, Polymer and Chemical Processes”. The mixing seminars have been presented by alliance partner the EKATO GROUP, who is specialized in mixing technology and in manufacturing agitator systems at their plant in Schopfheim, Germany. In addition, full-service contracts often include meeting previously defined total cost reductions in processes and purchased parts. Essentially, integrated MRO service providers have to master the complexity of their clients‘ overall maintenance services and parts requirements. During the past year Detlev Daues could see that new trends were taking hold globally to manage MRO’s complexity in a more efficient way. According to the report ‘MRO on the Move’ by the Chicago-based global management consulting firm A.T. Kearney, many leading industrial manufacturing organizations are shifting from a ‘do-it-all internally MRO’ –strategy to building networks of best product and service suppliers with capabilities to deliver cost effective and sustainable performance on an outsourcing basis. This is where Daues sees MRO heading today. “With this clear vision we are preparing V-LINE to keep the pole position in MRO Supply” says Shahzad Haider GM of V-LINE SAUDI ARABIA LTD. “We studied North America and could see that services there are more mature than even in European markets. At the moment our development team is in the process of converting those best practices for deployment in the Middle East. “From my point of view – forward looking industrial plant owners, original equipment manufacturers and parts manufacturers and suppliers will increasingly adapt to this new way of thinking” Daues says. “V-LINE SAUDI ARABIA sees part of its role as a cross-border supply specialist as being a catalyst in the transfer of MRO global best practices to the MRO industry in the Middle East region.” GSBM 37 German - Saudi Business Magazine MANTRUCKS MAN Trucks A plant and 1,000 MAN trucks for Saudi Arabia (completely knocked down) vehicles. CKD means disassembling a vehicle in order to ship it to another site for final assembly. MAN sees the “Truck in the Box” concept as a logistical service because the complete vehicle is commissioned for shipment and components that are relevant to safety, such as the brake system, for example, are already pre-assembled. The vehicles of the TGS-WW series are prepared for shipping at MAN’s plant in Germany. The MAN Group is one of Europe’s leading industrial players in transport-related engineering, with revenue of approximately €15 billion in 2010. As a supplier of trucks, buses, diesel engines, turbomachinery, and special gear units, MAN employs more than 50,000 people worldwide. Its divisions hold leading positions in their respective markets. The MAN Group's roots go back to 1758, making it one of Europe’s oldest industrial companies. In 1897, Rudolf Diesel built the world's first functioning Diesel engine at what was then known as the Maschinenfabrik Augsburg AG, a predecessor company to MAN. The delivery of the 1000th truck with Ali Alireza, Managing Director of HHA, and David Van Gran, Managing Director of MAN Middle East 34 MAN Truck & Bus AG is the largest MAN Group company and is a leading supplier of commercial vehicles and transportation solutions. This compromises trucks, city and intercity buses as well as coaches. The Company is linked to the Middle East region through a long-standing tradition and is facing an even greater future. MAN’s foothold in the Middle East is displayed by its strong presence in the individual countries. In the Kingdom of Saudi Arabia alone, MAN has been active for more than 25 years. The strong growth in Saudi Arabia is of the greatest importance for MAN. In 2010, MAN's retail market share in the Kingdom for trucks over 16 tons was approximately 25%. In January 2009, MAN and its long-standing Saudi Arabian importer Haji Husein Alireza & Co. Ltd. opened a truck assembly plant in Jeddah. The plant, run by Haji Husein Alireza’s commercial vehicle production company Saudi Automotive Manufacturing Co. Ltd. (SAMCO), assembles MAN TGS-WW trucks and semi-trailer tractors. It meets the requirements of advanced truck assembly and is equipped in accordance with MAN international standards. The plant layout follows the “Truck in the Box” scheme, MAN’s concept for CKD It only took one year to construct the plant: even before the opening in early 2009, the first 150 MAN vehicles had already rolled off the new plant's assembly line. In December 2010, SAMCO commemorated the completion of its 1000th Saudi Arabian MAN truck. At a ceremony held at its Janubia plant, Sheikh Ali Alireza complimented the small team of dedicated professionals whose lean and lateral thinking were responsible for bringing the new company through this initial phase. He went on to say that thanks to the high construction quality, these locally built trucks were completely accepted by the discerning fleet owners who were already placing repeat orders. Mr. Dave van Graan, Vice President of Sales and Marketing and Head of MAN Centre Middle East, thanked Sheikh Ali Alireza and Haji Husein Alireza Co. Ltd. for the successful relationship the two companies had enjoyed for the past 25 years and for the important role that SAMCO staff had assumed in both building their premium product trucks and highlighting the strategic importance of the companies in the Middle East. Mr. van Graan also acknowledged that SAMCO’s assembly procedures and internal standards were the same as those prescribed by MAN; their German audit team having awarded the Jeddah built vehicles an excellent A-1 status. German - Saudi Business Magazine Mercedes Benz NATIONAL AUTO MOBILE INDUSTRY (NAI) Assembling Mercedes-Benz Commercial Vehicles since 1977 Mercedes Benz In 1977, a vision for the future, shared by E.A. Juffali & Brothers and Daimler AG, led to the establishment of their highly successful joint venture company, the National Automobile Industry (NAI). This pioneering company based in Jeddah, which assembles medium and heavy-duty Mercedes-Benz trucks, is a symbol of Saudi Arabia's impressive growth and economic diversification. The company presently assembles many different versions of the well known Mercedes-Benz “Actros” truck, ranging from Tractor units to Tippers, Concrete mixers and Off-road trucks. Built on an area of 92,035 sqm it has a built-up area of 28,636 sqm comprising of an Assembly Hall, Storage Hall, Admin building, Canteen and Support facilities. NAI has about 200 employees, comprising of 11 nationalities, of which Saudis represent the highest number. Intensive quality control is implemented at every stage of the production process. Over 450 individual checks take place during the assembly of each truck. Random audit checks take place, as well as thorough final inspections. These measures ensure that trucks built by NAI are not only specially engineered to meet the tough climatic and working conditions in the Gulf, but also guarantee superb quality and maximum efficiency along with safety and comfort. Perhaps that's why customers call Mercedes-Benz Actros trucks out of NAI production trucks built by NAI the 'Conquerors of the Desert'. NAI's performance has earned recognition by Mercedes-Benz as one of its best assembly plants worldwide. Some important milestones in NAI’s development have been: 1974 - E. A. Juffali & Bros. and DaimlerBenz AG. initiated the project. 1977 - First locally assembled truck left the line. 1978 - Official inauguration by HM King Khalid and HRH Crown Prince Fahad. 1982 - Highest annual production with 7,839 units. 1994 - Quality Certificate ISO 9002. 1999 - Start of ACTROS assembly 2010 - 75,000th vehicle assembled in NAI NAI was chosen to receive the King Khaled Award for the Ideal Factory because of the clean, spacious and modern facilities that entitle NAI to Saudi Government Class A Status. In addition, NAI is dedicated to maintaining an 36 environmental program. safety and awareness Mercedes-Benz commercial vehicles are distributed throughout Saudi Arabia by the Juffali Industrial Products Company (JIPCO). Juffali has built a strong reputation for providing quality service in the three major areas of after-sales service, service maintenance and spare parts availability. The company has subsidiaries in Jeddah, Riyadh, Dammam, Abha and Hofuf. Contact National Automobile Industry (NAI) Ltd. Madinah Road, Kilo 14 P.O. Box 5938, Jeddah 21432 Tel: (02) 682-2000 Kingdom of Saudi Arabia GSBM 41 German - Saudi Business Magazine Allianz Saudi Fransi Allianz Saudi Fransi The insurance market in Saudi Arabia has been witnessing vigorous growth and improvement over the past few years. Widespread communication of the impact of recurring natural disasters e.g. floods, earthquakes, tsunamis etc. is creating higher public awareness and acceptability of financial protection using Insurance. Support from Government and Regulators by mandating certain kinds of Insurance viz. Health and Motor has also paved the road for highlighting the role insurance plays in societies especially when it comes to protection and provision. All this has helped create a competitive market in KSA with over 30 players vying to provide Products and services in all major lines of Insurance business to the customers. In 2010, Gross Written Premiums (GWP) in the Saudi insurance market reached SR 16.4 Billion, up from SR 14.6 Billion in 2009. Health Insurance contributed 53% while General Insurance formed 41% of the market with the balance 6% coming from Protection & Savings (P&S).* Allianz Saudi Fransi Cooperative Insurance Company was established in 2007 as a joint venture between Banque Saudi Fransi and Allianz Group. The Company provides comprehensive insurance solutions to corporate and individual customers in all lines of business namely Health, Motor, Property & Casualty, Protection & Savings (P&S) and Employee Benefits. Within P&S our major individual products include Retirement & Education plans. Founded in Germany in 1890, Allianz Group is today one of the leading global services providers in Insurance and Asset Management. With over 151,000 employees worldwide, Allianz Group serves more than 75 million customers in more than 70 countries. On the insurance side, Allianz is the market leader in Europe and worldwide. With more than 120 years of experience and an outstanding pool of knowledge enabling it to develop customized solutions, Allianz knows how to best manage the risks and opportunities of its clients. Banque Saudi Fransi (BSF) is a Saudi Arabian Joint Stock company established in 1977. BSF is affiliated with Calyon, a full-fledged member of the Crédit Agricole Group, the second largest bank in France, and seventh amongst banks of the Euroland by total equity. As one of the leading banks in Saudi Arabia, BSF provides all types of commercial banking service to both domestic and international customers. Allianz Saudi Fransi Mission Statement is to “Create Trust - Deliver Excellence from A to z.” Our Vision is “To be amongst top Saudi Insurers with global expertise and local insight, Providing world class products and services in all lines of business, With nationwide reach using diverse channels of distribution, Through highly trained and motivated employees.” Our Values are “Expertise, Integrity and Sustainability.” Allianz Saudi Fransi’s philosophy is clear and customer centric. We provide “The Right Insurance Solutions for our Customers’ Needs” through tailor made products that will allow them to plan ahead for their future. We aspire to be amongst top insurers in the Kingdom of Saudi Arabia by combining strong local insights of Banque Saudi Fransi with the global expertise of the Allianz Group. We are fully committed to ensuring customer satisfaction and sustainable development within the Saudi Insurance market. We invest strongly in our new recruits, who receive ongoing training from our in-house team of professionals with a strong focus on Customer Service and Satisfaction. * According to the Saudi Insurance Market Report 2010 - SAMA 38 . German - Saudi Business Magazine Deutsche Bank Deutsche Bank Deutsche Bank in the Kingdom: A Strong Commitment and a Lasting Partnership By Jamal AlKishi The move by Deutsche Bank into Saudi Arabia came as a concrete translation of an historically long and strong commitment to the Kingdom, and as a clear manifestation of our confidence in its economy. Ranked as one of the top 15 places for ease of doing business by the World Bank, the Kingdom’s financial markets are of high strategic importance to Deutsche Bank, by virtue of being one of the world’s largest economies, and as the largest recipient of foreign direct investments in the GCC. In 2006, Deutsche Bank was among the first of ten foreign banks licensed to operate in the Kingdom by the Saudi Arabian Monetary Agency ("SAMA"). Shortly thereafter, Deutsche Bank became the first global broker on the Kingdom’s stock exchange. 2007 saw the establishment of its investment banking and brokerage arm, Deutsche Securities Saudi Arabia ("DSSA"). As such, Deutsche Bank Group presently owns fully and operates two legal entities in the Kingdom: Deutsche Bank AG Riyadh Branch regulated by SAMA and DSSA regulated by the Capital Market Authority ("CMA"). 40 market products and services, mergers and acquisitions advice and financing, corporate loans and debt capital market financings, foreign exchange, risk hedging products in relation to commodities, foreign exchange and interest rates and a wide array of asset yield enhancement products. In addition, the Bank offers global transaction banking services, such as trust services, cash management, trade finance and custody services. Through DSSA Deutsche also offers private wealth management products and services to a select group of ultra-high-networth individuals and family offices, and asset management services to large institutions and corporates. A key point to note is that Deutsche Bank Riyadh Branch and DSSA have unfettered access to and are seamlessly integrated into Deutsche Bank's best global capabilities in industry knowledge, financial products, structuring, trading and risk hedging and distribution. And therefore a client of Riyadh Branch or DSSA can be assured of the highest levels of service and product technology that Deutsche offers anywhere in the world. In addition to the two entities referred to above, Deutsche Bank is a 40% shareholder in Deutsche Gulf Finance, a Saudi-registered residential mortgage finance company. Deutsche Bank led the establishment of this company in large measure to help in the development of the Saudi mortgage market. In April 2011 Deutsche Bank completed the installation of an advanced banking system in Deutsche Bank Riyadh Branch that will enable greatly enhanced delivery of its various products and services. Deutsche decided to deploy this cutting edge system in Saudi before it's rolled out to other DB operations globally, signifying the weight Deutsche places on Saudi and its belief in the market's potential. Through its SAMA-licensed branch and CMA-licensed DSSA, Deutsche Bank in the Kingdom offers: corporate and investment banking services covering the whole spectrum from Initial Public Offerings (IPO) and other equity capital Furthermore, in 2011 Deutsche Bank Group decided to increase the capital of its Saudi-based securities firm DSSA to SAR 500 million to enable the company to underwrite large capital market issues in the Kingdom. Deutsche Bank has invested heavily in its enterprise in the Kingdom, and will continue to do so out of our strong conviction in the strength and resilience of this market. We also have an unwavering commitment to the development of Saudi investment banking talent and local capital markets. In the span of 5 years we have grown our presence tremendously and have introduced products and services that offer our clients access to the Saudi and international markets through Deutsche Bank’s global platform, and we plan to broaden and complement these services further. Since starting our Saudi operations, we have marked a few significant milestones. In 2009, we celebrated 50 years in the Middle East, which were preceded by six long decades of cooperation kicked-started by our financing of the Hijaz railway project at the end of the 19th century. During the same year, Deutsche Bank launched its research coverage of Saudi listed companies. In 2008, DSSA was one of the first brokers to transact a total return swap agreement with a foreign investor on a Saudi listed stock. We were also the first to take a Saudi private sector issuer to the US debt capital markets and lead the first project sukuk in Saudi Arabia. Overall, Deutsche Bank continues to be extremely positive in its outlook for Saudi Arabia, not only due to the macro-economic elements, but also due to the continued focus of the government on public spending and infrastructure projects. The Saudi stock market dominates those of the region, with a capitalization that was almost 50% of the total GCC market capitalization in 2010. Jamal A. Al Kishi Deutsche Securities Saudi Arabia Phone: +966 1 273 9725 Mobile: +966 50 411 3406 German - Saudi Business Magazine German Trade German Trade to Saudi Arabia The German economy developed well during the last year and especially the exporting industry profited of the economic relief of economies around the globe. Volker Treier, Head of the Foreign Business Affairs Department of the Association of German Chambers of Industry and Commerce (DIHK), expects German exports to reach a new historical peak this year. According to the numbers of the German Federal Statistics Office goods in the value of 98.3 billion Euros have been sold in March 2011. Not only was it a surplus of 15.8 percent compared to March 2010 but it also beat the peak of April 2008 by 10 billion Euros. Right now the Head of the Foreign Business Affairs Department expects a new record “One trillion will be reached for the first time this year”. 42 Regarding this prognosis Saudi Arabia plays a key role for German trade in the Middle East and North Africa (MENAregion). In the first half of 2011 about one fourth of all German exports to Arabian states were destined for Saudi Arabia, which means that more than 18% of all German exports to the MENA-region went to the Kingdom. These figures would be higher if one takes into account the large amount of goods “Made in Germany”, which are transferred to Saudi Arabia by trading companies based in the United Arab Emirates (UAE). In summary one can say Saudi Arabia is Germany’s most important trading partner in the region. Compared to 2010 the amount of both, imported and exported goods has risen significantly. With exports worth 3.1 billion Euros from January to June 2011 the total exports grew about 17% compared to the year before. During the first six months the numbers of exports to Saudi Arabia were constantly higher than those to the United Arab Emirates (UAE), which therefore only places second in the list of the most important trading partners in the MENAregion. The imports in the time of January until June 2011 reached a total worth of 326 Mio. Euros and the market for Saudi Arabian imports has grown by 26.8% in comparison to last year. Like Germany and the European Union, Saudi Arabia also has distinct regulations regarding the import of goods. The Saudi Drug and Food Authority (SFDA) is in charge for drugs and food standards as well as registering products and giving a licenses for trading in Saudi Arabia. The import of all other goods is regulated by the Saudi Arabian Standard Organization (SASO). SASO defines mandatory standards for products regarding the safety, consistence and product characteristics. International norms like DIN, EN, and ISO/EIC serve as an orientation to the SASO standards. Importers to Saudi Arabia have to prove that their goods apply to these standards. This can be done either by SASO and its laboratories directly or by distinct companies in Germany as TUV, SGS, Intertek, Bureau Veritas and many more. The government investments in the infrastructure and the diversification of the domestic economy created a positive economic environment, which is attractive to all kinds of businesses. Additionally, the country’s ideal location as a link between the Levant, the Red Sea and the Arabian Gulf makes Saudi Arabia an ideal hub for any logistic company. This is why German global players in the field of logistics like DHL and Kuehne+Nagel decided to launch their businesses in Saudi Arabia. These companies have a lot of experience in moving goods from all over the world to the biggest economy in the MENA-region. They are not only in charge for importing goods but also for the transfer of goods, warehousing and value added services within the Kingdom. By focusing on the bilateral trade and the related industries one can see once more the tight relations between the German and the Saudi economy. DHL DHL One of three emerging triangles of trade identified by DHL, the Middle East is a vast and diverse region with logistics requirements to match its cultural and economic intricacies. In order to access the growing opportunities, companies need both a unique entry point and a logistics specialist with first-mover knowledge, expertise and experience: that’s why Saudi Arabia and DHL make the perfect partnership. At the heart of the Middle East, Saudi Arabia supports diverse business development, with growth driven by the oil industry, petrochemicals, telecommunications, power generation – and logistics. Saudi Arabia possesses 20% of the world’s overall oil reserve, ranks the largest exporter of petroleum, and plays a dominant leading role in OPEC. Saudi Arabia has been a member of the World Trade Organization (WTO) since 2005, and the government has begun establishing six Economic Cities in different regions of the country to promote foreign investment and plans to spend $373 billion between 2010 and 2014 on social development and infrastructure projects to advance Saudi Arabia's economic development. Perched on both the Arabian Gulf and the Red Sea, Saudi Arabia has the region’s best German - Saudi Business Magazine The Deutsche Post covers Kingdom transport links, providing great leverage on shipping. And through the King Fahad Causeway, the Middle East Regional Hub in Bahrain is only a 27 kilometer drive away from Khobar City and 4 hours away from the capital city of Riyadh. The causeway serves as a major contributor to Saudi Arabia’s status as a business destination for surrounding regional markets. As part of the Deutsche Post DHL group, DHL is a global logistics leader with local market knowledge and expertise. Leading as the world’s number one express company with a presence in over 220 countries and territories and a specialist staff of about 300,000 people, DHL has been operating in Saudi Arabia since 1976, pioneering the development of the logistics industry in the Kingdom and 19 countries in the greater region. Today, DHL operates 40 facilities throughout the Kingdom and employs over 1,000 employees, of which 40% are Saudi citizens, thus, contributing to the development of local human resources. DHL capabilities include an extensive domestic network in Saudi Arabia, allowing the delivery to more than 300 locations, with five Transported Asset Protection Association (TAPA) “A” certified facilities. DHL has the largest lion share in both inbound and outbound volumes, playing a vital role in the growth and development of the Saudi Arabian economy. As a result of its long experience, established connections and expertise, DHL leverages every advantage that Saudi Arabia offers for access to the Kingdom and the region including free transit areas, free trade zone with duty free access to neighbouring GCC countries. DHL offers market-leading customs clearance capabilities, express services and transit times. A variety of Time Definite and Day Definite International products ensures DHL has the right solution to meet every customer need. Through DHL’s global network and dynamic partnership with local authorities in Saudi Arabia, companies have unparalleled access to Saudi Arabia and the Gulf region, and a seamless conduit to the global market place. As a result and despite the recession, over the past three years, DHL’s Middle East Hub has seen steady growth in shipment weight. With Saudi Arabia as our strategic partner in the Middle East, we know that this is just the beginning. AHK German - Saudi Arabia - www.saudiarabien.ahk.de 43 German - Saudi Business Magazine Kuehne + Nagel German - Saudi Business Magazine Testing, Inspection and Certification Conformity certification in the Kingdom of Saudi Arabia KUEHNE + NAGEL Over 30 Years of Experience in Saudi Arabia In Saudi Arabia, Schindellegi/Switzerland based Kuehne + Nagel International AG has its own offices in Jeddah, Riyadh and Dammam. Having entered the market with a joint venture back in 1977, the company now offers its customers a wide range of forwarding and logistics services. Kuehne + Nagel started operations in Saudi Arabia in 1977 as a joint venture with the leading trading company E.A. Juffalli & Bros. Trading successfully under the name of Orient Transport Company, the jointly owned firm developed steadily. In 2007, Kuehne + Nagel had the opportunity to acquire 100% of the shares and thus became the first global logistics provider to operate a wholly-owned subsidiary in this country. Since then the national company has been registered in Saudi Arabia as Kuehne + Nagel Ltd. With the new ownership, the company is fully connected to both the global transport network and IT-systems of the Kuehne + Nagel Group, generates significant advantages for the customers in Saudi Arabia. Well established since 1977 Kuehne + Nagel Saudi Arabia offers its customers a wide range of local and global services, from seafreight over airfreight to warehousing & value added services, overland & regional distribution, customs brokerage and international project forwarding. Furthermore, the company provides a portfolio of sophisticated contract logistics services. As a neutral, non-asset-based provider, Kuehne + Nagel 44 can select and manage suitable carriers, depending on the customers’ individual requirements. To name just a few, the company offers contract negotiations and contract management, tracking & tracing, domestic and regional distribution, express and shuttle services as well as contract domestic transportation. Special know-how and industry expertise Jeddah, Riyadh and Dammam are fully operational seafreight and airfreight set-ups, cooperating with well established preferred carriers. Next to import and export services, they have acquired special expertise in handling cargo for customers from industries such as aerospace, automotive, pharmaceutical and healthcare. Another important pillar of the product portfolio is the handling of perishable goods. A dedicated team of experts is responsible for the management and execution of industrial project shipments. This includes the flexibility to adjust immediately to changing requirements during all stages of the project process, in-depth expertise of all local rules and regulations and the know-how to safely transport heavy lift cargo and out-of-gauge shipments. With some 100 employees, Kuehne + Nagel has a well-established position in the Saudi Arabian market. To cater for the increasing customer demand, the company has started providing services to the Oil & Gas industry. In the field of contract logistics, a modern warehouse in Jeddah has been acquired, and there are plans to gain additional storage and logistics space in both the Dammam and Riyadh area. With over 60,000 employees at 900 locations in over 100 countries, the Kuehne + Nagel Group is one of the world’s leading logistics companies. Its strong market position lies in the seafreight, airfreight, contract logistics and overland businesses, with a clear focus on providing IT-based lead logistics solutions. For further information please visit www.kuehne-nagel.com In June 2006 the Ministry of Commerce and Industry issued a notice advising the implementation of the Ministerial Resolution No. 6386 regarding the International Conformity Certificate Programme (ICCP). Under the new scheme all consignments are subject to the conformity certification during the import to Saudi Arabia. Conformity certificates may be issued by approved inspection bodies like Bureau Veritas. Bureau Veritas in Riyadh, The exporting company should present documents showing the conformity of their products in accordance with the specific standards. The verification of conformity service involves physical inspection and checking whether the goods comply with the required SASO-Standard. This programme is intended to provide safety for citizens of the Kingdom of Saudi Arabia and improve environmental health protection. The verification programme facilitates customs transactions during the importing process. It minimizes further inspection and testing on arrival, thereby reducing overall costs and possible delay of customs release as well as the risk to be forced to re-export the goods due to a lack of conformity. Bureau Veritas Germany will carry out shipment inspections in the exporting country to verify the conformity of goods. Exporting companies may contact Bureau Veritas Industry Services – Division Governmental Services in Hamburg or the buyer / importing company should contact The verification of conformity aims to improve product safety and quality, simplifies customs clearance, prevent unfair competition and detect counterfeit goods. Governments today give high priority to promote international trade while TUV Rheinland Arabia TUV Rheinland Arabia – a member of TUV Rheinland Group – started offering testing, inspection and certification services for various sectors of business and industry in the Kingdom of Saudi Arabia in 2005. Our market access services help importers, exporter, manufactures and trading companies understand and fulfill regulatory requirements of the markets of their interests. One such service is the Certificate of Conformity (CoC) for products imported to Saudi Arabia. The Certificate of Conformity (CoC) is a mandatory requirement for each shipment of consumer products. Any consignment not accompanied by a CoC or that with a CoC issued by a non-approved body will be subject to mandatory inspection and samples will be taken for testing at local laboratories. With its vast global network of accredited offices and laboratories, TUV Rheinland group is eligible to issue CoC and all the steps including document review, registration, testing, pre shipment inspection (PSI) and certification are handled within TUV Rheinland group. Examples of the products covered: - Electrical and electronic equipment, appliances, tools, components and accessories - Toys, child care and playground equipment - Mechanical products and machinery - Sports and recreational equipment - Cosmetics, hygienic products, textiles, and chemical products for consumers’ use. - New motor vehicles Special Saudi requirements There are some specific requirements that need to be considered for the products to be exported to Saudi Arabia: • Products need to comply with Saudi Arabian Standards Organization (SASO) standards or in absence of SASO stand ards, GSO / IEC / EN / ISO or equivalent standards. protecting consumer health, safety and environment. The governments call for an intervention of independent third-party companies as a way to maintain full control on goods entering the domestic market. Bureau Veritas is member of IFIA (International Federation of Inspection Agencies) and is accredited by national bodies in more than 60 countries around the world. In addition to Saudi Arabia Bureau Veritas has earned the trust of other governments in the Middle East and operates similar programs in Egypt, Iran, Iraq, Kuwait and Lebanon. Bureau Veritas is one of the world’s leading providers of conformity assessment and inspection services. With a network of 47000 people working in 1000 offices in more than 140 countries Bureau Veritas can offer a tailormade and professional service in close proximity to your production plants. • Electrical ratings on the products intended to be operated from AC mains supply should include AC 127V or 220V / 60 Hz. • The power plug configuration for nonindustrial use products should comply with SASO 2203 (for 220V, similar to BS 1363) or SASO 2204 (for 127V, similar to NEMA 5-15P or NEMA 1-15P). • Equipment used outdoors should comply with requirements for tropical climate conditions. • For most of the electrical products, rating marking in Arabic or English is required. For some products (e.g. cosmetics) marking in Arabic or both Arabic and English languages is required. • Instruction manual is required in both Arabic and English languages for consumer end products. • Any pictures, text or objects that are offensive to the Islamic religion should not be used. For detailed information about Saudi Arabia Certificate of Conformity regulations and requirements, please visit our website (www.tuv.com) or contact the nearest TUV Rheinland office. AHK German - Saudi Arabia - www.saudiarabien.ahk.de 45 German - Saudi Business Magazine Testing, Inspection and Certification SGS WHEN YOU NEED TO BE SURE Product Conformity Assessment of goods to be exported to the Some countries like Saudi Arabia have Kingdom of Saudi Arabia Imports to Saudi Arabia exporters and make sure their shipments conform with applicable requirements. provisions that products to be introduced to each market must comply with national or international standards. In Saudi Arabia these are e.g. SASO (Saudi Arabian Standards Organization) or GSO (Standardization Organization for GCC). The evidence of maintaining these standards requires a product conformity assessment by an independent testing company. SGS is authorized by the Ministry of Commerce and Industry in the Kingdom of Saudi Arabia to implement audits and issue the required certificates. SGS – the company Conformity Assessment provides confidence that products match with the regulations and accepted standards of the importing country. The program avoids importation of dangerous and inferior goods to protect the consumer and also the use of unfair practices and reduces the risk of flooding local markets with counterfeit products. Its extensive experience in managing Conformity Assessment Programs around the world enables SGS to offer efficient, comprehensive and tailored solutions to provide assistance to the PRODUCT The Kingdom of Saudi Arabia has implemented a Product Conformity Programme for exports to the country. All products require a Certificate of Conformity also referred to as a SASO CoC to be cleared through Customs. Intertek supports The Ministry of Commerce and Industry (MoCI) in Saudi Arabia by being a service provider for its Product Conformity Programme. 46 The Saudi Arabia Product Conformity Programme, which covers all goods, has a number of key objectives: Protection of public health Consumer safety National security Protection of religious and public morals Protection of environment Prevention of deceptive practices Every consignment of imported goods must be accompanied by a Conformity Certificate from an authorised inspection agency. Intertek is authorised to issue the Certificates of Conformity (CoC). They are needed to ensure customs clearance of shipments and confirm that the products comply with the relevant Saudi technical Inspecting, testing, verifying and certifying – the SGS Group is the worldwide leading company in these areas. Founded in 1878, the service provider with its headquarters in Geneva now sets globally recognized criteria for the highest standards. In Germany SGS exists since 1920. The head office is in Taunusstein near Frankfurt on the Main – from north to south, from east to west SGS has a nationwide presence. Round about 2,900 employees are working in 37 offices and laboratories. Conformity Programme for exports to Saudi Arabia regulations and national, regional or international standards. All imported consignments must bear a non-removable indication of origin. Those that do not will be held by Saudi Customs and the Importer will be asked to take corrective action or provide an undertaking that the offence will not be repeated. Failure to do so could result in a fine or goods being returned to their country of origin. For full details, read the complete Circular by Saudi Customs on Country of Origin Marking. Exporting New Vehicles to Saudi Arabia? Saudi Customs have recently confirmed that they will be reinforcing the requirement for the Certificate of Conformity (CoC) as per the MoCI decree 6386 for clearing shipments of new vehicles. Exporters who have been previously issuing self Certificates of Conformity to clear their shipments will no longer be able to do so. Instead it will be mandatory for exporters to obtain CoCs for new vehicles. CoCs issued by Intertek are considered by Customs, MoCI and SASO as being compliant and accepted for Customs clearance. Vehicles not covered by a CoC will be held for further inspection and the exporter liable for the additional costs of inspection and storage of the vehicle and face significant delays in clearance. Exporting Cosmetics and Perfumes to Saudia Arabia? Intertek have been appointed by the Saudi Food and Drug Authority to provide Conformity Assessment Services for exports of these products to the Kingdom. Intertek is authorised to issue the mandatory Certificate of Conformity which is required for Customs Clearance. Intertek has operated the Saudi Arabian programme for over twelve years, issuing over 1.5 million certificates and test reports we have also issued nearly 3.5 million CoCs for vehicles entering the Kingdom as well as registered thousands of manufacturers. Contact us to see how Intertek can help your organization with Product Conformity Programme for Exports to Saudi Arabia: www.intertek.com/government/ product-conformity/ exports/saudi-arabia/ SAP German - Saudi Business Magazine SAP SAP helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device, SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. We do this by extending the availability of software across on-premise installations, on-demand deployments, and mobile devices. We believe that the power of our people, products, and partners unleashes growth and creates significant new value for our customers, SAP, and, ultimately, entire industries and the economy at large. Our mission is to help companies of all sizes and industries to run better. Our vision is to help the world run better. About SAP Headquartered in Walldorf, Germany, SAP is the market leader in enterprise application software. Founded in 1972, SAP (which stands for "Systems, Applications, and Products in Data Processing") has a rich history of innovation and growth as a true industry leader. SAP applications and services enable more than 172,000 customers worldwide across over 25 industries to operate profitably, adapt continuously, and grow sustainably. With revenue (IFRS) of €12.5 billion for the year 2010, SAP has more than 54,000 employees and sales and development locations in more than 75 countries worldwide. SAP is listed on several exchanges, including the Frankfurt stock exchange and NYSE, under the symbol "SAP." SAP dominates the EAS market globally and has 30% - 100% penetration of the Forbes 2000 list for any given industry. Its dominance in the global market and close interaction with the leading customers has enabled SAP to gather industry know-how and to transfer the knowledge into its software products. In 2009, SAP invested €1.6 billion in research and development for business software solutions. SAP further employs ~15,000 people people in software development centers across 11 countries. The largest of these SAP Labs is in Walldorf, Germany, followed by Bangalore, India, and Palo Alto, California, in the United States. With the integration of SAP Business Objects development centers, SAP now has three new development centers in Canada, Ireland; and France. customers, partners, SAP researchers and developers to experiment with technological research in real-world, hands-on settings, turning ideas into real solutions. SAP further has a strong history of co-innovation where the company has been a forerunner in building a vibrant ecosystem, supporting an open platform and fostering communities of customers, partners and individuals that collaborate to solve industry specific business issues for customers. SAP MENA has recently delivered its fourth quarter of consecutive growth in Q2 2011 and today signs an average of 2-3 new customers per week. The company has over 275 employees, 2100+ consultants and 75+ partners, covering 16 countries across the MENA region. In November 2010, SAP MENA announced it would double its resources within the next two years, with the majority of headcount focused on the delivery of solutions. The SAP Co-Innovation Labs offer a hands-on environment for SAP, independent software vendors, system integrators, and technology partners, to work together with customers around current and future technologies, and to showcase how customers can increase competitive advantage and improve efficiencies by transforming their business networks with enterprise service-oriented architecture. SAP Research, its global research organization, identifies and shapes emerging IT trends and generates breakthrough technologies through applied research. Its findings significantly contribute to our product portfolio and help us to maintain our technological edge. Each SAP Research center is collocated with either a partner university or an SAP development center, creating a solid foundation for collaborative research. SAP further supports 7 development labs, and 15 research centers, also including our Living Research Labs, which serve as collaboration platforms for open innovation. They bring together SAP in MENA SAP Middle East & North Africa (MENA) is recognized as one of the fastest growing markets for SAP globally and is a key investment area for the company. SAP in MENA is considered one of the key technology players in the region and has last year received the ‘Software Vendor of the Year’ award by CPI, one of the region’s leading publishing firms. IDC further recently recognized SAP as the number one Enterprise Application Software market player in MENA. The company’s dedication to promoting the interest of the region and up-skilling local talent is part of SAP’s Education offerings and Academies which have been developed to fast-track enablement and deepen SAP expertise for new graduates and professionals respectively. SAP MENA today has over 20 universities from across the region that are part of its University Alliances program, which provides university faculty members with the tools and resources needed to teach students how technology can enable integrated business processes and strategic thinking – and gives students the skills to add immediate value to the market place. AHK German - Saudi Arabia - www.saudiarabien.ahk.de 47 German - Saudi Business Magazine AHK Services Services of AHK Saudi Arabia Small and medium-sized companies are particularly supported by experienced partners to enter foreign markets. DE international is present in 120 offices of the Chamber of Commerce abroad, delegations and representations of the German economy. We offer German companies services to assist them in the market entry and Saudi companies to get in touch with German businessmen. Important sectors like health care, infrastructure, construction, petro chemistry, metallurgical mills and plants, food industry as well as energy related topics are covered by one of our employees, who are specialized in these fields. Market Entry 1. Individual Market Advice The individual market advice is our most successful service. In a close dialogue with German companies and on the basis of the documents and product samples they provide, we identify business and product specific advantages on the Saudi market and analyze their market opportunities. 48 2. Business Partner Search Within the context of the business partner search we take on the search for the right and appropriate business partners. 3. Address Research The AHK for Saudi Arabia and Yemen offers a verified research of sectoral and address information to simplify the establishment of contacts with Saudi companies. 4. Direct Mailing Services We offer individual support in the search for interested business partners and we will take care of establishing initial contacts. 5. Business-Trips DEinternational offers German companies the possibility to take part in business trips of different industrial sectors to Saudi Arabia. During 3 to 4 days stay in Saudi Arabia the aim of these business trips is to give a first impression of the country and the market and to make first contact with Saudi businessmen. The main focus of an AHK-business trip lies on business to business meetings (B2B). Saudi businessmen who are interested in cooperation with German companies are cordially invited to contact us. 6. Catalogue Show - Exhibition AHK Saudi Arabia and Yemen presents German companies in the most important trade- and industrial centers in Saudi Arabia. Saudi companies have the unique opportunity to see a wide range of high quality products “Made in Germany” at one spot. The Catalogue Show is usually combined with the German breakfast. Traditionally high ranking representatives of Saudi and German economy attend the breakfast and enjoy Germany’s delicious food and beverages. Market Information Knowledge about the Saudi Arabian market and characteristics of its society and culture are essential for a successful market entry. Regarding this, AHK Saudi Arabia offers Quick Market Checks and Market Surveys. In cooperation with our partner Germany Trade & Invest, we also help Saudi companies, who are interested in business in Germany. Legal Information and Support 1. Legal Information In order to enter a market successfully, the legal aspects should be considered carefully. For this reason it is our pleasure to provide German companies with the needed legal services in diverse business-related aspects reaching from customs and taxes to AHK German - Saudi Arabia - www.saudiarabien.ahk.de 49 German - Saudi Business Magazine AHK Services AHK Saudi Arabia Contact German - Saudi Business Magazine Your contact persons at AHK Saudi Arabia Management Andreas Hergenröther Delegate of the German Economy for Saudi Arabia and Yemen hergenroether@ahk-arabia.com Tel.: + 966 (0) 1 405 02 01 Benjamin Godel Deputy Delegate of the German Economy for Saudi Arabia and Yemen godel@ahk-arabia.com Tel.: + 966 (0) 1 405 02 01 Ext.115 Legal Affairs Omar Hassan Hamza Assistant Delegate & Head of Legal Affairs, Andreas Hergenröther and Faisal Al Fadl, Secretary General of Saudi Green Buildings Forum, sign the "Official Supporting Partners" agreement investment, import and export regulation, etc In addition, we offer extrajudicial mediation and offer our help when contacts to public authorities and/or law firms are required. is to solve disputes without harming the long term business relations. 2. Health Treatment in Germany To help Saudi companies and businessmen with the visa application process we offer to provide exhibitors and visitors to trade fairs in Germany with a letter of recommendation to the German consulate/embassy. AHK Saudi Arabia assists German companies and businessmen in visa issues. We support business travelers who stay temporarily in the Kingdom in offering to act as the sponsor during their stay. AHK Saudi Arabia requests the so called E-Number at the Ministry of Foreign Affairs and is the responsible institution during the time of the visit. AHK Saudi Arabia assists Saudi Arabian patients who wish to make use of health treatment in Germany. 3. Debt Collection Long experiences with debt collection show that extrajudicial proceedings offer faster and more promising solutions than court proceedings by civil law. AHK Saudi Arabia's experts with long term experience in the country can also help you to dissolve and avoid misunderstandings due to different perceptions of trade and business caused by cultural differences or customs. Sustainable damage of long year business partnerships can easily be avoided by the debt collection through AHK Saudi Arabia. 4. Mediation AHK Saudi Arabia acts as a mediator in cases of commercial disputes between the German and the Saudi business partner. Our objective 50 5. Visa Service 6. Translation Services We offer translations of letters, documents, company profiles etc. in the following languages: • German <> Arabic • German <> English • English <> Arabic We also offer interpreting-services German <> Arabic during AHKEvents and delegations. hamza@ahk-arabia.com Tel.: +966 (0) 1 405 02 01 Ext. 106 Trade Fair Services AHK Saudi Arabia is the official representative of the Deutsche Messe AG, Messe Munich, Koelnmesse International and Spielwarenmesse eG in our region. Exclusively for Saudi and Yemeni clients we offer a wide range of services as we take care of their preparation for trade fair participation as an exhibitor or visitor. These services includes selecting the suitable trade fair, according to their company profile, preparation of the application form, booth rental, etc. for exhibitors. For visitors, we are providing the admission ticket, issuing the recommendation letter for the visa process, providing info on visa application, flight and hotel booking, etc. For further information to the services of AHK Saudi Arabia please contact: German-Saudi Arabian Liaison Office for Economic Affairs (GESALO) P.O. Box 61965, Riyadh 11575, Kingdom of Saudi Arabia Tel.: 00966 1 4050201 Fax: 00966 1 4031232, Email: info@ahk-arabia.com www.saudiarabien.ahk.de Trade Fairs Yousef Nahhas Head of Trade Fair and Export Promotion nahhas@ahk-arabia.com Tel.: +966 (0) 1 405 02 01 Ext. 110 Asif Iqbal Ansari Trade Fair Officer / Trade Fair Coordinator for Visitors ansari@ahk-arabia.com Tel.: + 966 (0) 1 405 02 01 Ext. 112 DEinternational Mohammed Faleel Mohamed Trad Head of Business to Business Affairs Director Energy and Environment faleel@ahk-arabia.com Tel.: +966 (0) 1 405 02 01 Ext. 105 trad@ahk-arabia.com Tel.: +966 (0) 1 405 02 01 Ext. 101 Kariem El-Ali Mohamed Saleh Director Infrastructure and Consumer Goods el-ali@ahk-arabia.com Tel.: +966 (0) 1 405 02 01 Ext. 109 Eng. Med. Consultant saleh@ahk-arabia.com Tel.: +966 (0) 1 405 02 01 Ext. 113 AHK German - Saudi Arabia - www.saudiarabien.ahk.de 51 German - Saudi Business Magazine AHK Saudi Arabia Contact Your contact persons at AHK Saudi Arabia Public Relations & IT Florian Mader Mohammed Akbar mader@ahk-arabia.com Tel.: +966 (0) 1 405 02 01 Ext. 107 akbar@ahk-arabia.com Tel.: +966 (0) 1 405 02 01 Ext. 114 Head of Public Relations IT System Administration Accountancy Mushtaq Ahmed Mohammed Khusro Administration Accountancy khusro@ahk-arabia.com Tel.: +966 (0) 1 405 02 01 Ext. 111 mushtaq@ahk-arabia.com Tel.: +966 (0) 1 405 02 01 Ext. 102 At your Service Farook Hameed Faisal Nalpurakkal hameed@ahk-arabia.com Tel.: +966 (0) 1 405 02 01 Ext. 100 faisal@ahk-arabia.com Tel.: +966 (0) 1 405 02 01 Ext. 100 Address research / Front Desk Administration / Front Desk Delegation der Deutschen Wirtschaft für Saudi-Arabien und Jemen (AHK Saudi-Arabien) German-Saudi Arabian Liaison Office for Economic Affairs (AHK Saudi Arabia) 52 Futuro Tower, 4th Floor, Al Ma'ather Street P.O.Box: 61695 Riyadh: 11575 Königreich Saudi-Arabien / Kingdom of Saudi Arabia Phone: 009-661-4050201 Fax: 009-661-4031232 Mail: info@ahk-arabia.com Web: http://saudiarabien.ahk.de/