Arab Today, arab today gcc ministers discuss fostering industrial cooperation
Last Updated : GMT 06:16:56
Arab Today, arab today
Arab Today, arab today

GCC ministers discuss fostering industrial cooperation

Arab Today, arab today

Arab Today, arab today GCC ministers discuss fostering industrial cooperation

Global Arab industrial
Riyadh - KUNA

Cementing industrial ties among the Gulf Cooperation (GCC) member states featured high on the agenda of the 39th meeting of the bloc's Ministers of Industry in Riyadh on Wednesday.
The GCC has been paying high attention to developing the industrial sector through promoting the investment environment, encouraging investors and fostering partnership between the public and private sectors to achieve sustainable development, GCC Assistant Secretary-General for Economic Affairs Abdullah Al-Shibli, told the meeting.
Today's meeting was chaired by Kuwait's Deputy Prime Minister and Minister of Commerce and Industry: Abdulmohsen Al-Madaj.
Thus, the GCC has realized repeated rises in the share of the industrial sector in GDP, which reportedly hit 10 percent , Al-Shibli said. The GCC senior economic official noted that establishing the Customs Union and the Common Market transferred the joint GCC economic action from coordination and cooperation to an advanced phase of economic merger and integration.
According to Al-Shibli, it is imperative for the GCC countries to intensify efforts and enhance coordination to face the "future challenges" amid rapid changes on the world markets and ardent competition among the regional and the international economic blocs to increase each share of the world trade and investment.
He also referred to predictions of changes in the structure of the world economy, saying that change of the nature of production will of course impact the existing competition, prompting the GCC to benefit from available opportunities and encourage innovation to develop industry.
The meeting discussed recommendations of a study to assess the obstacles, as well as the achievements of the GCC unified industrial strategy and joint action.
The Ministers also addressed a proposal to form a committee for officials responsible for initiatives by entrepreneurs on developing small and medium size enterprises (SMEs).

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today gcc ministers discuss fostering industrial cooperation Arab Today, arab today gcc ministers discuss fostering industrial cooperation

 



Arab Today, arab today
Arab Today, arab today Hats, scarves add beauty to women

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today Tourist guide reveals methods of tourist attractions

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions
Arab Today, arab today To release new antiques collection

GMT 20:33 2017 Friday ,17 February

To release new antiques collection
Arab Today, arab today Leader Omar Abdel Rahman dies in US prison

GMT 19:00 2017 Sunday ,19 February

Leader Omar Abdel Rahman dies in US prison
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic

GMT 12:52 2017 Sunday ,19 February

Experts point to efficiency in 2018

GMT 12:46 2017 Sunday ,19 February

Omani Rials still changeable in Saudi Arabia

GMT 04:53 2017 Sunday ,19 February

Warranty issues top consumer complaints in Dubai

GMT 03:38 2017 Sunday ,19 February

Gulf states focusing on attack weapons purchases

GMT 03:03 2017 Sunday ,19 February

No salary cuts in Oman’s 2017 Budget
View News in Arabic - Business: اقتصاد عربي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Porsche reveals new 2018 Panamera

GMT 17:31 2017 Wednesday ,15 February

Porsche reveals new 2018 Panamera
Arab Today, arab today Actress Nadeen Al Rassi views art as her entity

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:05 2017 Friday ,17 February

Singer Diana Karzon will issue a new album soon

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 14:04 2017 Tuesday ,14 February

"Lagom" new Swedish concept in interior design

GMT 12:07 2017 Thursday ,16 February

Bite-mimicking malaria vaccine

GMT 09:03 2017 Thursday ,16 February

Tour guide praises women’s beaches

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 21:42 2017 Sunday ,12 February

Rania al-Ghazali designs candles of bubbles
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday