Gulf Economic Forum Concludes

Doha, January 19 (QNA) - The Gulf Economic Forum concluded here on Wednesday with the participation of a number of heads and members of GCC chamber unions and some foreign delegations. The forum , kicked off here earlier on Monday on January 21 under the patronage of HE the Prime Minister and Foreign Minister Sheikh Hamad bin Jassim bin Jabor Al Thani, the Federation of GCC Chambers of Commerce and Industry (FGCC Chambers) and Suly Company, discussed issues pertaining to the investment and economic sectors in the GCC Member States. General Manager of Suly Company Abdurrahman Ahmed Behzad who is also chairman of the organising committee said a number of positive and promising recommendations were adopted after the three-day serious and fruitful discussions. Ahmed Behzad further said that it was agreed in principle to establish a gulf investment company to be based in Doha adding that there was also consensus on the establishment of some of the projects and companies in the field of precious metals and food consumer much needed in the Gulf region in general. He added that it was agreed to organize a Gulf investment Forum for young people on a regular basis every year in a Gulf country where such a forum aims to start from Jeddah, Saudi Arabia, to establish a young economic base to cope with economic growth and contribute to the pumping of new blood and thought that would further enhance a new economic mechanism and reinforces the vision system of the GCC countries for future generations. Behzad stressed that the program set by the company of the forum allowed to identify all aspects of the Qatari economy where Suly company sought work previews for businessmen and businesswomen on the ground include presentations directly to the real estate and industrial and energy projects, tourism, through field visits and meetings and workshops. He also stated that the second edition of the Forum benefited this year from the momentum achieved by organizing the company for the first version last year, and at the same time as recorded by the Qatari economy every day of success and a new start since the Qatari economy has become one of the fastest growing economies in the world. The forum aimed at encouraging the investment in the GCC countries and achieving a number of basic goals, most importantly opening new horizons for partnership and investment. It also aimed at alluring the regional and international investments through showcasing the investment opportunities available in the industrial, tourism, real estate and agricultural sectors. The forum also contributed to enhance the communication between the entrepreneurs in various areas and setting up small and medium enterprises, as well as appropriate investment atmospheres to raise the volume of investment in the GCC countries. The forum was attended by a group of presidents and members of federations of GCC chambers, Arab businesswomen council, leading GCC and Arab investors, and foreign delegations interested in Qatar's economy. (QNA)