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
 Sep 1 2015 - Saudi- Short circuit caused Aramco fire 3 Canadians among deadArab News
(MENAFN - Arab News) ALKHOBAR: A short circuit involving a transformer in the basement of the residential complex of Saudi Aramco resulted in the fire on Sunday according to a preliminary probe. The ...

 Sep 1 2015 - Saudi- Why top women won't contest civic electionsArab News
(MENAFN - Arab News) JEDDAH: A number of prominent Saudi women have cited several reasons for not running as candidates in the upcoming municipal elections. Some of them are an alleged lack of ...

 Sep 1 2015 - Car Bomb Hits Libya's TripoliQatar News Agency
(MENAFN - Qatar News Agency) A car bomb exploded in the Thahra area of central Libyan capital Tripoli on Monday.One person was injured in the blast and a number of cars parked nearby were damaged. ...

 Sep 1 2015 - The Syrian conundrumArab News
(MENAFN - Arab News) This is with reference to the article 'Ousting Assad must to defeat Daesh' (Aug. 31) by Hassan Barari. Saudi Arabia has been calling for the removal of Bashar Assad since the ...

 Sep 1 2015 - Israeli Naval Forces Fire on Gaza FishermenQatar News Agency
(MENAFN - Qatar News Agency) Israeli naval forces opened fire on Palestinian fishing boat off the coast of Gaza City on Tuesday morning. The fishermen came under fire as they were sailing off the ...

 Sep 1 2015 - Saudi- Power politicsArab News
(MENAFN - Arab News) I read with interest the article 'Justice done to death' (Aug. 31) by Neil Berry. I have started to believe that laws are meant only to rein in the masses worldwide. People like ...

 Sep 1 2015 - Qatar- QTA Awarded Best Arab Government Tourism AuthorityQatar News Agency
(MENAFN - Qatar News Agency) Qatar Tourism Authority (QTA) Monday announced receiving the award of "Best Arab tourist governmental body" for 2015, and granted by the Arab Center for Media tourism, ...

 Sep 1 2015 - Tortured alive or poisoned to death: The suffering of stray dogs in EgyptDaily News Egypt
(MENAFN - Daily News Egypt) They were born believing the streets are their home. No matter how unsafe home is, they don't have anywhere else to go to, it's where they belong. Even if that means ...

 Sep 1 2015 - Egypt- The witches and wizards of the Patient Support Team: A new approach for charity eventsDaily News Egypt
(MENAFN - Daily News Egypt) If you are a Harry Potter fan living in Egypt, you will almost certainly have heard about the Harry Potter Experience organised by the Patient Support Team (PST). Last ...

 Sep 1 2015 - The industrialisation of reconciliation: Iran, Saudi Arabia and ISDaily News Egypt
(MENAFN - Daily News Egypt) came across a curious news item the other day on Reuters about an industrial development project in Saudi Arabia, and it rang a few bells. The plan is to build a "new ...

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