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Newsletter | 12/14/2018

MiSK Internship Program in partnership with GESALO - Apply here

The Prince Mohammed Bin Salman Bin Abdulaziz Foundation “MiSK” joins forces with the German-Saudi Liaison Office for Economic Affairs (GESALO) to offer various sponsored training opportunities for excellent Saudi university students. The program will commence on June 25, 2018, for 10 weeks, it's aim is to provide students with modern skills and practices in the fields of engineering, business management, and information technology as well as offering valuable on-the-job training in a culturally diverse environment to become attractive candidates in the labor market.

تنضم مؤسسة الأمير محمد بن سلمان بن عبد العزيز “مسك” إلى مكتب الاتصال الألماني-السعودي للشؤون الاقتصادية (جيسالو) لتقدم العديد من فرص التدريب المدعومة لطلاب الجامعات السعودية المتميزون. سيبدأ البرنامج في 25 يونيو 2018 لمدة 10 أسابيع و هدف هذا البرنامج هو تزويد الطلاب بالمهارات والممارسات الحديثة في مجالات الهندسة وإدارة الأعمال، وتكنولوجيا المعلومات، بالإضافة إلى توفير تدريب قيم في بيئة عمل متنوعة ثقافيا ليصبحوا مرشحين مميزين في سوق العمل
Apply now


German-Saudi Startup Competition - Deadline: March 5

Final call for Saudi startups: Register now for the pitch event in Riyadh on March 22 and win your trip to Berlin!

النداء النهائي للشركات الناشئة السعودية: سجل الآن لحضور المسابقة في الرياض يوم 22 مارس وفز برحلتك إلى برلين!
Register here

GESALO welcomes Messe Düsseldorf as new trade fair partner

During a press conference in Riyadh on February 13, Dr. Clemens Schütte presented opportunities for Saudi businesses and visitors at German trade fairs. 

خلال المؤتمر الصحفي الذي عقد في الرياض يوم 13 فبراير / شباط، قدم الدكتور كليمنس شوت فرص للشركات السعودية والمشاركين في المعارض التجارية الألمانية.
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New German Online Courses

Would you like to take a German course, but a class with set dates doesn’t fit into your schedule? Do you live too far away from a Goethe-Institut? The new online courses from the Goethe-Institut will start on March 11.

هل تريد أن تأخذ دورة اللغة الألمانية، ولكن فئة مع تواريخ محددة لا تناسب الجدول الزمني الخاص بك؟ هل تعيش بعيدا جدا عن معهد جوته؟ ستبدأ الدورات الجديدة على الانترنت من معهد جوته يوم 11 مارس.
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Saudi Arabia introduced a Value-added Tax

Starting from Jan 1, Saudi Arabia, together with the United Arab Emirates, pioneers the introduction of a VAT within the Gulf Cooperation Council. For German (and European) exporters in a nutshell:
  • The VAT value is 5 %.
  • All local companies were obliged to register with the General Authority for Zakat and Tax (gazt.gov.sa) until mid-December 2017, hence should have a VAT number and a corresponding certificate.
  • The VAT scheme is pretty much similar to ‘our’ European model: the importer is liable to pay the tax, not the exporter - provided the terms of delivery are agreed upon accordingly.
  • In case imported goods are re-sold locally the import VAT can be deducted as an input tax/VAT.
  • Important for German firms which are taxable locally, such as service providers: all non-resident taxable persons must have one Tax Representative. He will be jointly liable for payment of taxes/VAT due by the taxable person. GAZT is currently qualifying Tax Representatives.
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German-Saudi Business News

February 26, 2018 | Arabian Business
Linkicon  Deutsche Bank on hiring spree in Saudi Arabia, UAE
February 23, 2018 | Arab News
Linkicon  Foreign Trade propels German growth
February 23, 2018 | Arab News
Linkicon  Bahrain will introduce VAT by end of 2018
February 22 , 2018 | Saudi Gazette
Linkicon  In rural Germany, 'mobile banking' means a Bank on a truck 
February 18, 2018 | The Telegraph
Linkicon  Saudi reform continues as women given freedom to open businesses
February 14, 2018 | Arabian Business
Linkicon  Siemens to double airport logistics workforce in Dubai by 2020
More News

Upcoming Events in 2018

March 06-08, 2018 | King Fahd Civic Center, Yanbu
Linkicon  Saudi Downstream Forum 2018
March 22, 2018 | Rosh Rayhaan by Rotana, Riyadh 
Linkicon  1st German-Saudi Startup Competition 
April 08-11, 2018 | Riyadh/Dammam
Linkicon  Baden-Wuerttemberg Delegation
April/May, 2018 | Riyadh, Dammam, Manama, Jeddah
Linkicon  German Breakfast & Catalog Show 2018
All Events

Trade fairs

IFAT logo

April 23-27, Hannover

From individual components to the complete intelligent factory, as well as topical trends such as energy efficiency, lightweight construction and addi-tive manufacturing – at HANNOVER MESSE you’ll get a complete picture of the industrial value-adding chain under one roof.

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May 14-18, Munich

At IFAT, over 3,100 exhibitors showcase all aspects of water supply and disposal alongside specialists in waste treatment and recycling. The focus is on innovative concepts for recovering secondary raw materials as well as sustainable ways of handling resources.

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GESALO Premium Partners 2018

GESALO Gold Partners 2018

German-Saudi Business Magazine

  • Saudi Business News: thyssenkrupp - Executing Major Projects with unique experience

  • New Faces: Hans-Christian Freiherr von Reibnitz: Germany fully supports Saudi Vision 2030

  • Cover Story: Healthy Life & Healthcare:

  • GESALO News: Anniversary: 40 years GESALO

Contact person

Fabian Zittlau
PR & Communications Manager


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Fabian Zittlau
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11575 Riyadh
Saudi Arabia

+966-92 000 5863