INSEAD Day 4 - 728x90

Samsung biggest chip investor

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flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

GCC chief stresses importance of serving requirements of joint market

Gulf Cooperation Council Secretary-General Naif Falah Al-Hajraf with the chairman of the Board of Directors of the Federation of GCC Chambers, Samir Abdullah Nas. Credit: FGCCC official Twitter handle
  • The GCC chief has stressed the importance of building a distinctive integrative trade and investment base
  • The base is expected to complete the requirements of the GCC joint market and develop GCC inter-trade relations

The Secretary-General of the Gulf Cooperation Council (GCC) for Arab States, Naif Falah Al-Hajraf, has stressed the importance of building a distinctive integrative trade and investment base, official sources have said.

The base is expected to complete the requirements of the GCC joint market and develop GCC inter-trade relations.

This came as Al-Hajraf met with the chairman of the Board of Directors of the Federation of GCC Chambers (FGCCC), Samir Abdullah Nas.

Al-Hajraf also stressed on the importance of the outcomes of the 42nd GCC Summit, hosted recently by Riyadh, as it tackled the economic aspect of the GCC march.

He also emphasized the keenness of the GCC leaders to push for economic integration among the GCC countries, face challenges, and seize the opportunities available to the Gulf economy as one system.

For his part, the chairman of the Board of Directors of the FGCCC affirmed the work that has been and is being done to facilitate the trade movement among the GCC member states.

He also affirmed the establishment of a promising investment structure in order to achieve the aspirations of the GCC peoples, in accordance with the visions and directives of GCC leaders.