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

'GCC must diversify income sources'  Join our daily free Newsletter

MENAFN - Arab Times - 07/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab Times) The Gulf Cooperation Council (GCC) Committee of Undersecretaries of Planning and Development Ministries and institutions convened its 30th meeting here, Sunday, in preparation of the 24th meeting of the ministerial committee. Addressing the officials, Secretary General of Kuwait's Higher Planning and Development Council Dr Adel Al- Wuqayan said the region is facing accelerating and swift changes in all fields, including higher education, healthcare, and other areas of human development.



This, he stressed, requires greater attention and more concerted effort that also matches the high rate of increase in population in the GCC and that states increase their peoples' confidence in their own abilities so that they contribute more to regional and international development. The Gulf states constitute a power not to be ignored in today's energy market, he said, but cautioned "the technological advances and repeated calls for a switch to clean energy from renewable resources stands to put a damper on this weight, inevitably." This means it is more vital than ever to seek diversification of sources of national income away from oil and related sectors, "and that is an added responsibility for the planning and development bodies to address." Global political change and upheavals continue to shadow the Gulf economies, he argued, and makes it harder to do risk analysis or draft long-term plans. The way out is to focus on research and draw different scenarios and due reactions in an objective manner to ultimately take sound and well-thought decisions.



As for agenda, the officials address issues including follow up on implementation of comprehensive long-term development strategy (2010-2025), upcoming workshops on improving GCC performance in development and planning, follow up on resolutions of the 23rd GCC Planning and Development Ministerial Committee meeting, and review of memos of the Secretariat on several dossiers and recommendations of specialized committees. An item also high on the agenda is review of member states' progress in the field of bolstering technical and scientific capabilities, specifically related to setting up comprehensive databases and developing best access and usage of the information, as well as automated linkage

 


Arab Times




  MENA News Headlines
 Sep 21 2014 - Sizzling Dubai property prices cool downAFP
(MENAFN - AFP) Dubai property prices are cooling to "healthy" levels after a two-year rally during which real estate rebounded from a slump when the global financial crisis hit in 2009. Developers ...

 Sep 21 2014 - Kuwait Bourse Indices Close in GreenQatar News Agency
(MENAFN - QNA) Main indices of the Kuwaiti bourse were in the green zone upon closing on Sunday with the weighted, the price, and the KSX 15 indices up by 1.67, 13.85, and 4.72 points ...

 Sep 21 2014 - Elaraby Discuss Support of Palestinian Rights with Australian FMQatar News Agency
(MENAFN - QNA) Arab League Secretary-General Dr. Nabil Elaraby discussed with Australian Foreign Minister Julie Bishop on the sidelines of the 69th session of the United Nations General Assembly. ...

 Sep 21 2014 - Dr Al-Awadhi outlines Alzheimer's symptoms advises 'special care'Arab Times
(MENAFN - Arab Times) KUWAIT CITY Sept 20 (KUNA): Kuwait along with other nations of the globe mark Sept 21 as 'World's Alzheimer Day' a widelyspread illness suffered by approximately 35 million ...

 Sep 21 2014 - Gold Prices Continue to FallQatar News Agency
(MENAFN - QNA) Gold price continued dropping for the past eight months to reach its lowest at USD 1,214 per ounce amid hike of the US dollar, said an economic report on Sunday. Sabaek Company ...

 Sep 21 2014 - Qatar Confirms Human Rights Promotion is Strategic OptionQatar News Agency
(MENAFN - QNA) The State of Qatar has confirmed that the issue of promoting and protecting human rights is a strategic option for the state and forms the backbone of the comprehensive reform, ...

 Sep 21 2014 - Qatar Confirms Human Rights Promotion is Strategic Option -1-Qatar News Agency
(MENAFN - QNA) HE Assistant Foreign Minister for International Cooperation and Head of Qatar's delegation in front of the Human Rights Council Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani said ...

 Sep 21 2014 - Industries Qatar Announces Changes to Board of Directors and Executive ManagementQatar News Agency
(MENAFN - QNA) Industries Qatar (IQ) issued a brief statement regarding changes by Qatar Petroleum to IQ's Board of Directors and executive management in line with its authority under IQ's Articles ...

 Sep 21 2014 - HH the Emir Sends Congratulations to Presidents of Malta and ArmeniaQatar News Agency
(MENAFN - QNA) HH the Emir Sheikh Tamim bin Hamad Al-Thani sent Sunday a cable of congratulations to President of the Republic of Malta Marie Louise Preca on the occasion of her country's National ...

 Sep 21 2014 - HE Premier Sends Congratulations to Presidents of Malta and ArmeniaQatar News Agency
(MENAFN - QNA) HE the Prime Minister and Interior Minister Sheikh Abdullah bin Nasser bin Khalifa Al-Thani sent Sunday a cable of congratulations to President of the Republic of Malta Marie Louise ...

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