Make MENAFN My Home Page
 
  Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Dr Al-Sada: GCC Countries Have Succeeded In Maintaining Their Export Growth  Join our daily free Newsletter

MENAFN - Qatar News Agency - 31/03/2014
No. of Ratings : 0
Add to Mixx!


(MENAFN - #Qatar News Agency) HE Minister of Energy and Industry Dr. Mohammed bin Saleh Al-Sada confirmed that the member states of the Gulf Cooperation Council (GCC) have succeeded in continuing their efforts for industrial verifications and in maintaining export growth despite the global economic crisis. HE the Minister cited the statistics issued recently by the Gulf Organization for Industrial Consulting (GOIC), showing an increase in industrial exports from 160 billion in 2008 to about 257 billion in 2012, for an annual growth of about 13%. "It is a great and interesting to note that the annual growth of total Gulf exports increased by 10% during the same period," HE Dr. Al-Sada added. His Excellency's statements came during the sessions of the 14th GCC Industrialists Conference, which is currently being held in Muscat, Oman. HE Dr. Al-Sada stressed that the "challenges facing the industrial sector in the Arabian Gulf prompt us to make continuous reviews and updates of the laws and legislations, which would pave the way to further raise export levels and open up access to world markets." HE Dr. Al- Sada has called for creating fertile grounds to face these challenges by providing incubators for new industries, encouraging leadership in industril operations, optimizing the use of new technologies, improving marketing tools and mechanisms, networking with importers around the world, and by facilitating access to financial and credit facilities. In addition, HE Dr. Al-Sada called for creating and stimulating the proper environment for industrial growth in new fields to develop the export potential and competitiveness of GCC products, to encourage investments in export industries, to promote the development of products with high added value, and to accelerate knowledge transfer in industries. The session was attended by industry ministers from GCC countries and Yemen, by the GCC Secretary General, as well as by top executives and experts in the industrial sectors in GCC countries, international organizations, development and export promotion organizations, chambers of commerce and industries, industrial companies and establishments, funding agencies, and private sector organizations. The participants reviewed the joint GCC action in the industrial field and a number of issues pertinent to the industrial sector in GCC countries, the recommendations related to the export industries in the concerned countries, legalizations and their impacts on industrial exports, and investment policies

 
 


Qatar News Agency




Tesla to pay sales head USD700,000 on meeting targets, ,8/24/2017 9:53:22 AM



(MENAFN) Electric giant carmaker Tesla Inc. will pay around USD700,000 to its sales and service president, Jon McNeill, if he reached planned targets for 2017.After revealing its least pricey ...


UAE Central Bank handles USD241bn cheques in 7 months, ,8/24/2017 9:49:31 AM



(MENAFN) A whole of 17.815mn cheques worth Dh886.7bn have been handled by the Cheque Clearing System amid the Jan-July period of the year.Meanwhile, number of cheques cleared amid July reached ...


Mexico's govt. to apply new plan for inflation in 2018, ,8/24/2017 9:47:15 AM



(MENAFN) Mexico's statistics agency (INEGI) said that government will introduce new methodology to handle inflation in H2 of 2018 which will include measures from more cities and towns with a large ...


Empower saves 5.2pct energy in second month, ,8/24/2017 9:46:38 AM



(MENAFN) Emirates Central Cooling Systems Corp. (Empower) has proclaimed energy savings of 5.2 percent in the second month of its summer campaign compared to the same period of 2016."At Empower, we ...


U.S. News & World Report Reveals the 2017-18 Best Romantic Getaways, ,8/24/2017 1:15:32 AM



(MENAFN Editorial) WASHINGTON, Aug. 24, 2017 /PRNewswire-USNewswire/ --U.S. News & World Report, publisher of and , today released its rankings of the . The annual rankings highlight 12 ...


Indonesia's surprise interest rate cut follows weak growth, ,8/24/2017 1:18:39 AM



(MENAFN - Asia Times) Indonesia stocks, which have lagged the region and the broader MSCI Emerging Markets Index with a 12% advance through July, revved up briefly after the central bank ...


Audi's board to announce reshuffle on Monday, ,8/24/2017 9:39:22 AM



(MENAFN) Volkswagen's supervisory board for premium carmaker Audi will meet on Monday to decide on a management reshuffle which will result in leaves of four to seven executives.People familiar with ...


Dubai-based DP World posts 9.6pct increase in H1 revenues, ,8/24/2017 9:33:32 AM



(MENAFN) Dubai-based DP World proclaimed an USD2.29bn for the Jan-June period of this year, an increase of 9.6 percent on reported and 3 percent on like-for-like basis.In addition, the revenue ...


Current account surplus in Kuwait narrows in Q1, ,8/24/2017 9:27:17 AM



(MENAFN) Kuwait's recent account surplus dropped in the Jan-March period of the year, narrowing from USD1.98bn in Q4 of 2016 to KD300mn in Q1 this year.Furthermore, the drop was on the back of ...


Hershey Trust to sell 4.5 mln shares of Hershey Co., ,8/24/2017 9:26:13 AM



(MENAFN) Hershey Trust Co. to sell 4.5 mln shares of its unit Hershey Co. of Hershey's common stock.The trust said it will sell 3 million shares of Hershey to Morgan Stanely and an additional 1.5mln ...




 





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

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

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
Economic Calendar
Financial Glossary


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


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help