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

Saudi Arabia is moving to expand reliance on renewable energy and hydrogen production. (Asharq Al-Awsat)
Saudi Arabia is moving to expand reliance on renewable energy and hydrogen production. (Asharq Al-Awsat)
TT
20

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

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

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

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

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

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

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

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

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

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

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



Saudi Arabia, Indonesia Boost Cooperation in Mining Sector

File photo of the Saudi capital Riyadh - File/AAWSAT
File photo of the Saudi capital Riyadh - File/AAWSAT
TT
20

Saudi Arabia, Indonesia Boost Cooperation in Mining Sector

File photo of the Saudi capital Riyadh - File/AAWSAT
File photo of the Saudi capital Riyadh - File/AAWSAT

Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef signed in Jakarta a memorandum of understanding with Minister of Energy and Mineral Resources of Indonesia Bahlil Lahadalia to boost strategic cooperation and facilitate the exchange of expertise between the two countries in the mining and minerals sector.

The MoU aims to transfer knowledge in the field of mining, mineral production and processing, mining exploration, geological surveys, and sustainable mining practices, SPA reported.
The signing of the MoU takes place during Alkhorayef's official visit to Indonesia, where he is leading a high-level delegation from the industry and mining sector to strengthen economic ties, attract quality investments to the Kingdom, and explore mutual investment opportunities across the mining, food, pharmaceuticals, and automotive sectors.