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

'GCC maintains export growth'  Join our daily free Newsletter

MENAFN - The Peninsula - 31/03/2014
No. of Ratings : 0
Add to Mixx!


(MENAFN - The Peninsula) The Minister of Energy and Industry, H E 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.



The Minister cited the statistics issued recently by the Gulf Organisation for Industrial Consulting, showing an increase in industrial exports from 160bn in 2008 to about 257bn in 2012, for an annual growth of about 13 percent. "It is a great and interesting to note that the annual growth of total Gulf exports increased by 10 percent during the same period," Dr Al Sada said



His statements came during the sessions of the 14th GCC Industrialists Conference, which is currently being held in Muscat



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 legslations, which would pave the way to further raise export levels and open up access to world markets.




Al Sada has called for creating fertile grounds to face these challenges by providing incubators for new industries, encouraging leadership in industrial operations, optimising 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, 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, GCC Secretary General, as well as top executives and experts in the industrial

 
 


The Peninsula




Loading, Please wait....


 





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