Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Frederik Willem de Klerk Brings Curtain Down on a Highly Successful GCF 2014  Join our daily free Newsletter

MENAFN Press - 21/01/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN Press) Former South African President, Frederik Willem de Klerk brought the seventh Global Competitiveness Forum to a close, with his thoughts on building competitive partnerships, in the context of South Africa's transition to a non-constitutional, constitutional democracy.



Conjecturing whether the phrase 'competitive-partnerships' is a contradiction in terms, de Klerk went on to say: "Competition is essential, but requires strong co-operative institutions to control it - which is why competitiveness is needed to build a stable and successful society."



The second working day of the Forum had begun with a keynote speech from Andrew Liveris, President and CEO of the Dow Chemical Company, who was also a panelist discussing 'Building a new era of 'Made in Saudi' '. According to Liveris, the world is rediscovering the old truth that a healthy manufacturing sector leads to overall economic strength, and is the most effective agent of economic recovery.



Saudi Arabia is particularly well-placed to profit from the development of a smart-manufacturing sector - specializing in hi-tech and biotech products, for example. What is needed, he said, is a smart policy framework to enable this, and further investment in infrastructure, education and training, together with the promotion of open trade.



The great progress made in the Kingdom's tourism industry was also on the agenda, with a keynote address from HRH Prince Sultan bin Salman bin Abdul Aziz, President of the Saudi Commission for Tourism and Antiquities, who remarked that tourism offers Saudi Arabia a greater potential for job creation than any other sector.



The day also saw the signing of two important agreements that will have a significant effect on Saudi society and business.



SAGIA and the Ministry of Health signed an agreement that will double the level of investment in the health sector, and help develop a local pharmaceutical and medical manufacturing sector, while a new framework for promoting good corporate governance was also announced. SAGIA, Al Faisal University and the Board Directors Institute used the Forum to launch the Corporate Governance Index, a new framework for rating governance performance of share-issuing Saudi companies.



Founded in 2006 by the Saudi Arabian General Investment Authority (SAGIA), the GCF has grown into one of the largest and most important annual gatherings of academics, business leaders, politicians and journalists in the region.



For more information, go to: http://www.gcf.org.sa



Contact: Nick Cash, gcfe@alefinternational.com( mailto:gcfe@alefinternational.com ), 966-(0)114623632

SOURCE Global Competitiveness Forum (GCF)


About GCF
GCF

 


MENAFN Press




  MENA News Headlines
 Sep 20 2014 - Syrian Kurds fleeing to Turkey pass 45000-markArab News
(MENAFN - Arab News) SURUC Turkey: Tens of thousands of Syrian Kurds have crossed into Turkey in the past 24 hours fleeing an advance by Islamic State fighters who have seized dozens of villages ...

 Sep 20 2014 - Yemen TV building on fire as clashes continue in capitalArab News
(MENAFN - Arab News) SANAA: Yemen's state-run television building caught fire after a three-day mortar attack by Shiite rebels who are protesting against the government residents and a TV employee ...

 Sep 20 2014 - Saudi- Jubail airport handles first civilian flightArab News
(MENAFN - Arab News) The first civilian aircraft landed at Jubail airport on Thursday morning marking its transformation from a purely military facility.The General Authority of Civil Aviation (GACA) ...

 Sep 20 2014 - Saudi- Four held for stealing money carsArab News
(MENAFN - Arab News) Jubail police have arrested four young men who stole money from a company's safe and four vehicles from a car rental firm. They used the cars for drifting.Col. Ziad Al-Ruqaiti ...

 Sep 20 2014 - Saudi- Factories ignore safety rulesArab News
(MENAFN - Arab News) Many factories and workshops in the Kingdom do not abide by safety and security standards to protect their buildings against fires. Such factories also do not maintain their air ...

 Sep 20 2014 - Saudi- Preparations for pilgrims in Madinah completeArab News
(MENAFN - Arab News) Madinah Mayor Khaled Taher said that the municipality's preparations for this year's Haj have been completed as scheduled. The municipality's action plan aims at offering ...

 Sep 20 2014 - Saudi- 1000 Mozambicans to arrive next weekArab News
(MENAFN - Arab News) Some 1000 pilgrims from Mozambique will arrive in Jeddah for this year's Haj in three separate groups according to Mozambican Ambassador Cesar Gouveia.'I'll be traveling to ...

 Sep 20 2014 - Saudi- Security agencies ready for any situation during HajArab News
(MENAFN - Arab News) Security and government agencies responsible for pilgrims' welfare during Haj are fully equipped to tackle any disaster including a helicopter ambulance and doctors linked with ...

 Sep 20 2014 - Saudi- Women investors beat men in stock marketArab News
(MENAFN - Arab News) The number of Saudi women investors in the stock market has grown by 5 percent while men investors increased by 2 percent over the first half of this year.There are now 892900 ...

 Sep 20 2014 - With 4.2m links 47m clips IS rules cyberspaceArab News
(MENAFN - Arab News) A 44-page search result by the search engine Google has revealed 4.2 million links and counting of Arabic websites newspapers and social networking sites in reference to ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help