![Enterprise Greece: Supported the Greek participation in “BIG 5 SAUDI 2023”](https://www.ot.gr/wp-content/uploads/2021/12/epe1.jpg)
With the participation of twenty (20) companies in the Greek national pavilion organized and supported by the Hellenic Investment and Foreign Trade Company (Enterprise Greece), the “BIG 5 SAUDI” international construction materials exhibition, which took place in Riyadh from February 18 to 21, 2023, wound down. At the same time, apart from the national stand, an additional seven (7) Greek companies participated in separate stands, through their representatives in the region.
It is the most important exhibition in the construction sector in Saudi Arabia and in the wider region, which was held in the new Riyadh Front Exhibition & Conference Center (RFECC), with a total area of 40,000 sq.m. where 850 companies from 40 countries were hosted. The products presented came from the construction and services sector, such as building materials, electrical equipment, air conditioning systems, airport equipment, marble & marble processing materials, cables, aluminum products, paints – varnishes – insulation, electrical machinery, water technology & environment, residential and commercial air conditioning technology, software for construction companies, cleaning and maintenance machinery, metallurgy and glass products, bathrooms, wood products, etc.
The big projects
It is noted that the major projects that have been announced by the government of Saudi Arabia until 2030 and the very good relations with Greece, contribute to the increasing participation of Greek companies from the field of construction materials and services and the conclusion of important agreements during the exhibition.
The Ambassador of Greece in Riyadh, Mr. Alexis Konstantopoulos, who attended the opening of the exhibition, welcomed the Deputy Minister of Energy and Industry of Saudi Arabia to the Greek stand. UN, Eng. Osama bin Abdulaziz Al-Zamil, while everyone together, had the opportunity to meet with representatives of Greek companies.
The relations between the two countries
The Authorized Advisor and Executive Member of the Board of Directors of Enterprise Greece, Mrs. Betty Alexandropoulou, noted that Greece’s relations with Saudi Arabia are at the best level in recent years and Greek construction companies produce highly innovative products and services and can capture their fair share of this promising growing market. She also noted that Enterprise Greece, recognizing the strategic importance of this market, will continue to provide the support required by strengthening the extroversion of Greek companies in the sector.
For his part, the Ambassador, Mr. Alexis Konstantopoulos, noted the embassy’s contibution in facilitating meetings between Greek businesses with the local market.
![ot.gr](/wp-content/themes/whsk_otgr/common/imgs/fav.ico/favicon-32x32.png)
![ot.gr](/wp-content/themes/whsk_otgr/common/imgs/fav.ico/favicon-32x32.png)
Latest News
![ELSTAT: Building Permits Increased by 40.1% in Greece](https://www.ot.gr/wp-content/uploads/2024/07/oikod1-600x380.png)
ELSTAT: Building Permits Increased by 40.1% in Greece
Focusing on Private Construction Activity during this period, there was a 41.8% increase in building permits nationwide, a 40.2% rise in the area, and a 26.8% expansion in volume
![Greek Economy: Bankers’ Insights on Investments and Reforms](https://www.ot.gr/wp-content/uploads/2024/03/ot_bankers4-600x352.png)
Greek Economy: Bankers’ Insights on Investments and Reforms
He also noted that the Recovery and Resilience Fund has seen over 50% of its funds absorbed, with more than 20% having been directed into the real economy.
![Greece: Airbnb Occupancy Hits 40% in June](https://www.ot.gr/wp-content/uploads/2024/05/airbnb-1-600x400.jpg)
Greece: Airbnb Occupancy Hits 40% in June
This growth, averaging about 20,000 new units per month, pushed the total number of accommodations to 224,860 by June, up from 204,578 the previous year.
![Fraport: Greece’s Regional Airports See 5.9% June Surge](https://www.ot.gr/wp-content/uploads/2024/07/ot_airport_affixeis-1-1-600x352.png)
Fraport: Greece’s Regional Airports See 5.9% June Surge
Overall, during the first half of 2024, Fraport Greece's airports achieved remarkable results, handling more than 12.7 million passengers, a 7.8% increase compared to 2023.
![SFEE: Just 1 in 5 New Pharmaceutical Drugs Reach Greece](https://www.ot.gr/wp-content/uploads/2024/07/ΦΑΡΜΑΚΑ-shutterstock_1467910202-2048x1365-1-600x400.jpg)
SFEE: Just 1 in 5 New Pharmaceutical Drugs Reach Greece
Greece spends 70% less than the European average on pharmaceuticals, and Greek patients face significant challenges accessing pharmaceutical drugs and treatments that are available in the country
![Attica Bank: Merger Process With Pancreta Commences](https://www.ot.gr/wp-content/uploads/2024/07/attica-bank-2048x1288-1-600x377.jpg)
Attica Bank: Merger Process With Pancreta Commences
A relevant announcement said the merger with Pancreta is expected to be completed by mid September
![Crete’s Heraklion Port Concession Deal Approved](https://www.ot.gr/wp-content/uploads/2021/10/heraklion-port2-1-600x369.jpg)
Crete’s Heraklion Port Concession Deal Approved
Owner of Minoan Lines Grimaldi Group acquired a 67% share of the port for a total price of 80 million euros
![Santorini Warning of Cruise Passenger Influx Causes Uproar](https://www.ot.gr/wp-content/uploads/2024/07/santorini1-600x400.jpg)
Santorini Warning of Cruise Passenger Influx Causes Uproar
A Santorini councilman urged locals to stay put and limit their activities during the arrival of cruise ships due to overtourism
![European Commission Approves Fourth 2.3 Billion Loan Payment to Greece Under RRF](https://www.ot.gr/wp-content/uploads/2024/04/european_commission_hq-flags_web-3-600x375.jpg)
European Commission Approves Fourth 2.3 Billion Loan Payment to Greece Under RRF
The Commission's preliminary assessment of Greece's request, completed on June 14, 2024, was positive, reflecting Greece's successful implementation of its recovery and resilience plan
![Greek Tourism: Projects Shaping the Landscape](https://www.ot.gr/wp-content/uploads/2023/08/Mandarin-Oriental-Costa-Navarino-Ormos-Beach-Club-1024x767-1-600x449.jpg)
Greek Tourism: Projects Shaping the Landscape
In Vonitsa, Aetolia-Acarnania, the Varko Bay resort is emerging as the first ultra-luxury retreat by Banyan Tree in Europe