OVERVIEW

Revisiting the Middle East for Cooperation, Seeking Win-Win and Writing a New Chapter - Summary of the Middle East Trip by the Sino-International Entrepreneurs Federation (SIEF)

From May 14th to 20th, the Sino-International Entrepreneurs Federation (SIEF) led a delegation of over 80 renowned entrepreneurs from China and abroad to visit Abu Dhabi, Dubai, and Riyadh.

Three Major Forums

The 2024 China-Arab Entrepreneurs Summit

Over 200 representatives from Chinese and Arab political and business circles gathered in Abu Dhabi, UAE. The conference was jointly organized by the Sino-International Entrepreneurs Federation (SIEF) and the Abu Dhabi Chamber of Commerce, with Southern Fund and HSBC as the main partners of the event. The summit, themed "Seizing New Opportunities for China-Arab Cooperation," focused on hot industries such as green innovation, energy security, technological innovation, financial investment, and digital transformation in the education sector, and pragmatically promoted the "Eight Major Joint Actions" for deepening China-Arab cooperation. Mr. Long Yongtu, former Vice Minister of Foreign Trade and Economic Cooperation of China, Chief Representative of China's WTO Accession Negotiations, and Co-Chairman of the Sino-International Entrepreneurs Federation (SIEF) , His Excellency Zhang Yiming, Chinese Ambassador to the UAE, and His Excellency Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, were invited to deliver speeches at the opening ceremony.

The attendees witnessed the signing of a strategic cooperation agreement between 'Royal Strategic Solutions LLC' and 'Hongrun Qingyuan (Beijing) Technology Co., Ltd.' In the future, the two parties will cooperate in the fields of air-to-water technology and new materials, aiming to achieve new and greater development together. Dr. Saif Saleh Al Sayari, former chairman of the UAE's Ministry of Electricity and Water, current advisor to the king, and CEO of Royal Strategic Solutions, and Dr. Lin Tengyu, founder and CEO of Hongrun Qingyuan, signed the agreement on behalf of their respective parties.

At the same time, Mohammed Al Ameri, Vice President of Jebel Ali Free Zone Trader Market Development and Operation FZCO, and Shi Jihong, Chairman of the Board of Xinxiu Group, signed an agreement on the cooperation project for the Yiwu Market in Dubai, aiming to jointly build a China-Arab trade platform.

At the summit, the guests engaged in in-depth dialogue and discussions on the cooperation potential in the areas of 'financial institutions working together to support China-Arab cooperation' and 'renewable energy and sustainable development'

The conference also featured a roadshow of Chinese cooperation projects, covering a variety of products and projects in fields such as education, consumer goods, culture and tourism, sports, bio-medicine, and aerospace technology.

The 2024 China-Dubai Entrepreneurs Forum

This event is an important part of the Sino-International Entrepreneurs Federation’s (SIEF) Middle East tour, with more than a hundred representatives from Chinese and Dubai entrepreneurs attending the forum to discuss China-Dubai trade cooperation. At the forum, Dong Bin, the Chief Representative of the Sino-International Entrepreneurs Federation (SIEF), and Marwan Al Murri, the person in charge of the Asian region of the Dubai Chamber of Commerce, delivered welcome speeches on behalf of the organizers and partners, respectively. Subsequently, the guests made presentations on 'Investment Opportunities in Dubai' and 'Global Trade and Logistics Solutions'. They provided a detailed analysis of Dubai's advantages in terms of geographical location, tax incentives, business ecosystem, and financial system, and also introduced the global network and rich platform activities of the Dubai Chamber of Commerce.

The 2024 China-Saudi Entrepreneurs Seminar

On the morning of May 19, the 2024 China-Saudi Entrepreneurs Seminar was successfully held at the Riyadh Marriott Hotel. Mr. Eng Saleh Al-Khabti, Deputy Minister of Investment of Saudi Arabia, and Dong Bin, Chief Representative of the Sino-International Entrepreneurs Federation , respectively represented the hosting organizations to deliver welcome speeches. Dr. Zohair A. Nawab, former Deputy Minister of Industry and Mineral Resources and former Director of the Saudi Geological Survey, Ms. Reem M. Nakiyah from the Saudi Ministry of Investment, Bayan H. Mortada, Business Development Officer of the Investment Development Department of the Ministry of Investment, and Abdulrahman ElKhereiji, Director of the Renewable Energy and Nuclear Energy Department of the Ministry of Investment, made keynote speeches and presentations on behalf of Saudi Arabia. Liu Lei, Deputy General Manager of China Geological Mining Corporation and General Manager of the Saudi Branch, and Fawaz Alshaalan, Deputy General Manager of the Industrial and Commercial Bank of China in Riyadh, shared the business experience of Chinese-funded enterprises in Saudi Arabia in their speeches. During the signing session, Chinese and Saudi guests witnessed the signing of two important strategic cooperation agreements. These include the tripartite strategic cooperation agreement signed by the Sino-International Entrepreneurs Federation  (SIEF), the Green Finance 60 Forum (GF60), and Access KSA (AKSA), as well as the cooperation agreement between UNITED SANDS and Haisida Technology (Saudi) Company.

Five Visits of Key Institutions

MASDAR City: Zero-Carbon Park Cooperation

DIFC: China-Arab Cooperation Gateway for Implementation.

First Abu Dhabi Bank: The Largest Bank in the UAE

Nasdaq Dubai: New Path for Companies to List on the Stock Exchange

Garage：Saudi Arabia's Largest Technology Innovation Center and Business Accelerator

Comprehensive Coverage by Mainstream Media in China and Middle East

Mainstream media in China and the Middle East, including The National News, Al Watan, the Emirates News Agency (WAM), Al Fajr News, Ajman News, China-Arab Satellite TV, CCTV News, Reference News, China Daily, The Paper, People's Network, Xinhua Net, and Phoenix Satellite TV, provided comprehensive coverage of this summit through video, print, and online media.

The China-Arab Entrepreneurs Summit is the fourth international high-end communication platform established by the organizer, the Sino-International Entrepreneurs Federation, following the China-Europe Entrepreneurs Summit, China-Australia Entrepreneurs Summit, and China-Africa Entrepreneurs Summit. The first China-Arab Entrepreneurs Summit, held in 2023, achieved good results through the joint efforts of relevant institutions and personnel from both sides, and was highly regarded and affirmed by leaders and entrepreneurs of both governments. It attracted comprehensive coverage from more than ten overseas mainstream media, dozens of Chinese media outlets, 1,488 related communication messages, eight on-site roadshows, and two projects that were successfully implemented. The positive international impact of the first China-Arab Entrepreneurs Summit has played an active role in promoting China-Arab cooperation. We believe that the second China-Arab Summit in 2024 will yield even more fruitful results and continue to promote broader and deeper cooperation between China and Arab countries.

The Sino-International Entrepreneurs Federation is a comprehensive business platform that gathers global business elites, national leaders, and opinion leaders. It is committed to promoting interconnection, mutual trust, and cooperation among Chinese and foreign entrepreneurs, enhancing the positive image of Chinese enterprises, and optimizing the global business environment. By organizing large-scale domestic and international summits, seminars, training sessions, study tours, and networking events, it helps Chinese and foreign enterprises to engage in practical dialogues, identify business opportunities, and implement significant projects, thereby strengthening international cooperation.