Czech – European Affairs Magazine

Inaugural intersec Saudi Arabia opens amid burgeoning market

4 Maggio 2017 BreakingNews @en di

The inaugural event of Intersec Saudi Arabia opened on Tuesday in Jiddah, which is a fair of global innovations in security, in safety and in fire protection. This event will be available until 4th May at Jeddah International for Forum and International Events Convention. The impressive opportunities are underlined by the participation of manufacturers and suppliers eager to boost their business opportunities. There is an impressive and huge international participation – about 73%- more than 500 brands and three countries pavilions (China, India and Czech Republic) and an enlightening three day conference program. Jointly organized by Messe Frankfurt Middle-East and Al-Harithy Company for Exhibitions, Intersec Saudi Arabia is held under patronage of Prince al-Faisal, advisor to the custodian of two holy Mosques King Salman and the governor of Makkah Region. Ahmed Pauwels, CEO of Frankfurt Messe Middle-East has declared: “We’ve been building our portfolio of worldclass exhibitions in Saudi, and we’re delighted to add Intersec Saudi Arabia to the mix, bringing the Kingdom’s security market to the doorsteps of key stakeholders, where international players can increase their market share, and Saudi visitors can keep up-to-date with the latest technologies and services available in the market”. It will be the first security exhibition in the Kingdom. This three day Conference will be helpful and useful to find solutions regarding security, fire protection and safety, offering a wide range of opportunities and systems to prevent from those problems. Intersec Saudi Arabia is officially supported by the Saudi Ministry of Health and the Saudi Safety & Security Department, Jeddah Police and Jeddah Civil Defense These is the second conference of its kind, after Intersec in Dubai.

The Czech Republic "free itself" from the euro

The Czech National Bank has decided to drop the national currency, the crown, from the euro. The reference rate of 27 Czech crowns per euro has been fixed for three years. Observers are wondering alarmed if the Czech Republic, a small country but highly industrialized and closely integrated with the major Eurozone economies, even think to give up his goal so far dichiatato to join the single currency. So far the minimum exchange had been adopted to prevent that remittances and investments of Czechs living abroad would become too expensive and that inflation rate, already high, would increase again. At the moment the Euro has depreciated because of the Czech reverse course but it remain stable on the dollar. It’s feared that this step might also portend a political estrangement.