Siemens is a major contractor for the government of Saudi Arabia and is building, inter alia, the subway in the capital, Riyadh. By 2030, the Munich-based company, which has 2,000 employees in the country, sees opportunities for new orders worth $ 30 billion. Despite international criticism of Saudi Arabia, Siemens CEO Joe Kaeser will appear on Monday at a Saudi Aramco conference.
A spokesman for the Munich-based industrial group confirmed Kaeser's participation in the "In-Kingdom Total Value Add (iktva)" conference for Saudi Aramco's suppliers in Dammam in the Persian Gulf on Sunday.
Kaeser met in Saudi Arabia with only company representatives. He will not meet government officials. Kaeser is on a trip to the Middle East anyway, where he will also serve customers and business partners in the United Arab Emirates. The head of Swiss rival ABB, Ulrich Spiesshofer, will also attend the conference.
Four weeks ago, Kaeser had canceled his trip to a state-led investor conference at the last minute. Shortly before, after weeks of refusal, Saudi Arabia admitted that anti-government journalist Jamal Khashoggi had been killed at the Kingdom consulate in Istanbul. Her backtrack was "the cleanest decision, but not the bravest one," Kaeser wrote at the time on LinkedIn's career portal. He had been struggling for a long time to address the Khashoggi issue at the conference.