(MENAFN - Arab News) Riyadh Gov. Prince Khaled bin Bandar will open the three-day Riyadh Economic Forum here on Monday evening. A large number of economists and decision-makers will be among those attending the forum to discuss ways and means of further boosting the Kingdom's economy.
Ala Ismail Al-Kahloot, information and resources development coordinator of the forum, stated that the sixth edition of the forum is divided into five sessions with studies on national and strategic dimensions.
The first session will focus on a study on the administrative and financial corruption, its status quo and methods on how to curb it. The second session will be on the issues of the construction sector and methods of addressing them. The third one will be on the labor policy and Saudization of job slots in the private sector. The fourth session will be on water as a major economic resource: A prerequisite for sustainable development. The fifth session on the final day, Dec. 11, will focus on the enhancement of SMEs role in the national economy.
Participants will be involved in brainstorming sessions to achieve the Kingdom's economic goals and objectives, as well as obstacles and challenges encountered and developments.
Earlier, highlighting the significance of the forum, Prince Turki bin Salman, chairman of Saudi Research and Marketing Group (SRMG), said it would play a major role in strengthening the Kingdom's economy. He exuded confidence that the forum to be attended by prominent personalities and business leaders from the Kingdom and abroad would come up with solutions for economic issues in order to achieve the desired growth.
SRMG is the diamond partner of the forum organized by Riyadh Chamber of Commerce and Industry (RCCI) with the support of Custodian of the Two Holy Mosques King Abdullah, chairman of the Supreme Economic Council.
The forum enjoys international attention because of its high-level of participation and discussion of important research papers on the growing economy of the Kingdom.
The participation of local companies would be helpful to achieve the objectives of the forum and draw its future strategy, realizing the interests of the national economy and companies, a RCCI official said.