Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi firms forge new links at GCC business forum  Join our daily free Newsletter

MENAFN - Arab News - 27/05/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) The five-day gcc joint exhibition and businessmen forum began at sharjah expo center with huge participation of saudi arabia.

the event is promoted jointly by all gcc member states with a view to catalyzing trade within the region.

the event which was opened by sharjah deputy ruler sheikh abdullah bin salem al-qasimi and uae economy minister sultan bin saeed al mansouri has also attracted a number of participants from qatar oman kuwait and the uae.

'organizing this exhibition reflects our commitment to promote mutual cooperation and economic integration among the gcc players" al-mansouri told arab news during his tour.

the exhibition features more than 200 exhibitors from across the gulf region.

more than 39 companies from saudi arabia are taking part in the event.

the uae has lined up around 70 participants under the umbrella of the ministry of economy.

the event is being held at a time when trade within gulf countries registered a growth of 5.5 percent during 2013 to 93 billion from nearly 88 billion in 2012. the figure stood at 85 billion in 2011 against only 6 billion in 1984.

ministry of commerce & industry saudi industrial property authority (modon) sagia (the saudi arabian general investment authority) saudi exports development authority saudi exports program and ministry of culture are some of the prominent participants from saudi arabia.

'gulf cooperation council has witnessed noteworthy achievements and the creation of the council continues to be a leading global experience and a distinctive step" al-mansouri said in his speech.

'we reaffirm our commitment to promoting cooperation between the gcc countries to achieve the desired social and economic integration that supports the interests of the gcc countries and their people" he added.

along with delegates from gcc countries sheikh abdullah bin salem al-qasimi and al-mansouri toured to different sections after the opening ceremony.

'this event emphasizes the vital role of gulf businessmen in the economic growth of the gcc countries. the private sector including investors manufacturers and traders play a key role in the promotion of the gcc economic integration especially with its contribution to the gdp of the six countries registering a steady and significant increase" said al-mansouri.

'the importance of events like this increases manifold in view of the tremendous boost it can provide to trade exchanges within the gcc states" said saif mohammed al-midfa ceo expo center sharjah

'gcc countries have emphasized the need for achieving economic integration with the gulf common market and the customs union regarded as key goals in this regard" he added.

the opening day of the event featured a conference on 'deepening economic integration among gulf countries.' the segment examined the private sector's perspective on economic cooperation among the gcc countries and its views on economic integration.


 


Arab News




  MENA News Headlines
 Nov 27 2014 - Lebanon mourns 'songbird' SabahArab News
(MENAFN - Arab News) BEIRUT: Iconic Lebanese singer and actress Sabah died Wednesday at the age of 87 after a seven-decade career and a colorful love life that kept her in the headlines until the ...

 Nov 27 2014 - Egypt drops ban on 'adults only' filmArab News
(MENAFN - Arab News) CAIRO: An Egyptian court has revoked a government ban on a film by Lebanese star Haifa Wehbe that had been deemed sexually provocative judicial sources said on Wednesday.In April ...

 Nov 27 2014 - Saudi- Prince vanishes from social mediaArab News
(MENAFN - Arab News) NEW YORK: Prince whose distaste for the music industry's conventions is well known has abruptly disappeared from social media after tentative efforts to promote his two new ...

 Nov 27 2014 - Saudi- Cumberbatch quits smokingArab News
(MENAFN - Arab News) LONDON: 'Sherlock' star Benedict Cumberbatch has revealed he left smoking one month back.The 38-year-old actor said staying away from cigarette is helping him stay healthy ...

 Nov 27 2014 - Saudi- Dilip Kumar perfectly fine: Big BArab News
(MENAFN - Arab News) MUMBAI: Thespian Dilip Kumar is 'perfectly fine' says actor Amitabh Bachchan quashing rumors of the former's health scare.Social networking platforms were abuzz with rumors ...

 Nov 27 2014 - Saudi- Turki Khan: Changing society one step at a timeArab News
(MENAFN - Arab News) Dreams ambitions and determination have no limits dedication to those three traits can take that dreamer ambition-seeker and determined young man or woman to places he or she ...

 Nov 27 2014 - Saudi- Exploring fine art through pencilArab News
(MENAFN - Arab News) Eman Al-Qahtani is a successful talented and ambitious young Saudi artist. She combines thoughts and colors in her paintings. She has her own art method; a painting is to deliver ...

 Nov 27 2014 - Saudi- Qatar lifts 22nd Arabian Gulf CupArab News
(MENAFN - Arab News) Qatar rallied to get the better of Saudi Arabia 2-1 to win the 22nd Arabia Gulf Cup football tournament at the King Fahd International stadium in Riyadh Wednesday night.Playing ...

 Nov 27 2014 - Saudi- Al Kabeer climbs to No. 2 after honors sweep in Globe CupArab News
(MENAFN - Arab News) One mighty performance that saw Al Kabeer Frozen Foods sweep honors had the defending champion moving up the leaderboard after the eighth week in the Thursday League 12th ...

 Nov 27 2014 - Al-Taib wins Fastest Car Race 2014 in RiyadhArab News
(MENAFN - Arab News) Ahmed Al-Taib a Saudi topped the Fastest Car Race 2014 which was organized at Dirab Park racetrack in Riyadh. Al-Taib won the race in a Porsche 911 Turbo which is characterized ...

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

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

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