The 10th Arab-China Business Conference concludes with the launch of the Riyadh Declaration
The 10th Arab-China Business Conference concludes with the launch of the Riyadh Declaration

The 10th Arab-China Business Conference, the largest of its kind to date, has concluded under the patronage of His Royal Highness Prince Mohammed bin Salman Al Saud, Crown Prince and Prime Minister. Saudi Arabia signed 30 agreements and deals worth more than $10 billion (SAR 37.5 billion) across a range of sectors, including technology, renewable energy, agriculture, real estate, minerals, supply chains, tourism and healthcare. It is the first edition of the conference to be hosted by the Kingdom.

In his opening address, Dr. Fahd bin Abdullah Al-Semmari, Secretary-General of the King Salman Center for Entrepreneurship, said the Kingdom's ambitious Vision 2030 is built on empowering and supporting entrepreneurs and small investors. He noted that the center is working through its platforms and programs to realize this vision by building an entrepreneurial ecosystem in the Kingdom that inspires the world.

The Secretary-General added that the conference offers a platform for dialogue that brings together experts and investors from multiple countries to exchange experience and share global best practices in business development and entrepreneurship. He said the center aims, through this initiative, to raise the skills of Saudi entrepreneurs and equip them with the tools they need to build successful, sustainable companies.

He stressed that the center is always keen to draw on the expertise of international partners to provide Saudi entrepreneurs and investors with the best knowledge and skills in entrepreneurship, helping to accelerate the growth of the sector in the Kingdom.

The program included themed sessions titled "Challenges Facing International Business Development," "Creating a Scalable Business Model" and "Building the Company of the Future," as well as interactive panel discussions among participants.

The forum brought together business development experts and public- and private-sector leaders from the United States, Canada, the UAE and Egypt, along with successful Saudi entrepreneurs.