Quotes: US 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 industrial 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




  MENA News Headlines
 Sep 22 2014 - Ban appreciates Kuwait contributions to Iraq, SyriaKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Nations Secretary-General Ban Ki-moon on Sunday thanked Kuwait for its generous support to the United Nations and its humanitarian effort in Iraq and Syria.During ...

 Sep 22 2014 - Syrian regime culpable in chlorine attacks - KerryKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The recent report of the Fact-Finding Mission of the Organization for the Prohibition of Chemical Weapons (OPCW) on chlorine use in Syria strongly points to ...

 Sep 22 2014 - Kuwait- Al-Jarrallah arrives in Tehran for joint cmte meetingKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Undersecretary of the Kuwaiti Foreign Ministry Khaled Suleiman Al-Jarrallah arrived here on Sunday leading a delegation to the first meeting of the ...

 Sep 22 2014 - Kuwait- US dollar remains supported at 14-month high - NBKKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The US dollar maintained its strength against its major counterparts as demand for the currency remained intact despite disappointing data, the weekly report of ...

 Sep 22 2014 - Kuwait looking forward to Mexican President's visit - FMKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) First Deputy Prime Minister and Foreign Minister Sheikh Sabah Khaled Al-Hamad Al-Sabah said Sunday he discussed with Mexican Foreign Minister Jose Antonio Maade ...

 Sep 22 2014 - Arab Parliament chief condemns terrorist bombing near Egyptian Foreign MinistryKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) President of Arab Parliament Ahmad Al-Jarwan condemned on Sunday the terrorist bombing near Egyptian Foreign Ministry where two police officers were killed and ...

 Sep 22 2014 - Yemeni Presidency denies resignation of PM BassindwaKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Yemeni President Abd-Rabbu Mansour Hadi has not so far received the resignation of Prime Minister Mohammed Salem Bassindwa, a presidential statement said ...

 Sep 22 2014 - US weighs if Iran could contribute to anti-ISIL campaignKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The United States is waiting to hear "whether Iran thinks it has a constructive role to play" in the effort to counter the Islamic State in Iraq and the Levant ...

 Sep 22 2014 - Kuwait- His Highness Amir's Representative, Ban discuss terrorism, climate change, EbolaKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah's Representative, His Highness Prime Minister Sheikh Jaber Mubarak Al-Hamad Al-Sabah discussed with ...

 Sep 22 2014 - Kerry to highlight threats to cultural heritage in Iraq, SyriaKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) US Secretary of State John Kerry will highlight the destruction of "irreplaceable cultural heritage taking place in Iraq and Syria at the hands of violent ...

more...


 






Google

Click to Apply

 
 

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