• HSBC

First Gulf Investment Forum gains momentum

  • United Arab Emirates: Saturday, February 09 - 2008 at 13:03
  • PRESS RELEASE

More than 300 participants and 30 speakers will take part in the First Gulf Investment Forum, which is scheduled to be held from March 3-4 at Al Bustan Rotana in Dubai.

Abdul Rahman Al Attiyah, Secretary General of the Gulf Cooperation Council (GCC), said that GCC countries are looking forward to achieving a number of strategic goals that would contribute to enhancing economic integration among them.

Speaking on the event, Al Attiyah said the forum mirrors the aspirations of GCC countries to boost economic cooperation in all sectors.
Al Attiyah highlighted potential investment opportunities and assets available in the Gulf region to attract foreign investors.

The strategic vision of the GCC is to achieve complete economic integration among its member states, Al Attiyah said.

The two-day forum enjoys the generous support of His Highness Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance and Industry.

It also has the participation of the GCC and the Federation of GCC Chambers of Commerce and Industry.

The key session titled "The Investment Climate in the Gulf Region: Potential and Opportunities" will be moderated by journalist Jameel Al Haj, Director of the Economic Section at Al Arabiyah TV Station.

Prominent speakers at this session will include Salem Al Hus, former Lebanese prime minister who will give a presentation on "Gulf investments: the Gateway to Arab investments."

Other speakers include Abdul Rahman Al Attiyah, Secretary General of the GCC and Mirvat Al Tellawi, Coordinator General of the Economic, Social and Development summit of the Arab League. Among other subjects, they will discuss the status of foreign investments in the region and ways to improve them.

Al Attiyah explained that the forum is a significant addition to events that highlight the field of investments, offering a good opportunity to develop networking and exchange expertise.

Maysoon Jamal, Chairwoman of G.E.T Group, will present a work paper on women's savings and how to deploy them in feasible projects.

"In my working experience, I have met successful business women who started their career from ground zero. Such women should set an example to GCC women to follow suit," Maysoon said.

She referred to the growth and prosperity witnessed by the UAE, particularly by Dubai, under the guidance of wise leadership which adopted liberal and open policies that have encouraged women to initiate creative projects.
Nada Jaber, Director of Etisal Event Management, organizer of the forum, said the diversity of the work papers indicate the emphasis of Etisal's policy with its partners to design accurate work plans that meet the needs of the region and help draw broad outlines for joint targets of GCC countries.

The event will help increasing investment opportunities in the Gulf region, and Etisal has provided the necessary means to make this event a success, Nada added.
Abdul Rahman Bin Hamad Al Attiyah, Secretary General of the Gulf Cooperation Council (GCC). 
Abdul Rahman Bin Hamad Al Attiyah, Secretary General of the Gulf Cooperation Council (GCC).
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Notes and Media Contacts »

About The Federation of GCC Chambers:
The mounting feeling for the need of strengthening fraternity bonds and consolidating steps enhancing economic cooperation among countries sharing common characteristics, objectives, and destiny had led to entertaining the idea of establishing a federation comprising the Chambers of commerce, industry, and agriculture in the Arab Gulf states. Preliminary meetings in October 1976, attended by the federations and chambers of the seven Gulf Arab States, of Kingdom of Bahrain, State of Kuwait, Sultanate of Oman, State of Qatar, Kingdom of Saudi Arabia, United Arab Emirates, and the Republic of Iraq paved the way for establishing the Federation of the Chambers of Commerce, Industry and Agriculture of the Arab Gulf States (FAGCC). In October 1979, the Federation was officially launched and Dammam - Kingdom of Saudi Arabia, was named as the host city. Please visit the website of the Federation: http://www.fgccc.org

About The First Investment Forum in the GCC States:
Studies reveal that trade; commerce and investment are likely to increase between the GCC States of the Arabian Gulf in the light of the implementation of the Customs Union that has unified them. The new economic climate in these countries, and all efforts made to increase foreign capital, have resulted in positive regulations, laws and a better understanding. The new streamlined regulations required moves that will provided for the movement of commodities and services between these countries. They will work to increase the opportunities for co-operation between the GCC States in the coming years since they were able to establish a broad institutional base that guided various economic activities, supported by an integrated system of laws, decisions and legislation.

The functioning of the economic process in a regulated way will help to a great extent to attract Arab and foreign investors who have found in each of these countries a safe refuge that provide them many encouraging and supporting features. It is in this background that the idea of organizing the "First Investment Forum in the GCC States" under the slogan of "Economic Aspirations for a Common Future" organized by Etisal Event Management, Dubai - UAE, in cooperation with the company Media Lines Event Management, Jeddah - Saudi Arabia, with the support of the Federation of GCC Chambers, in collaboration with Al Bayan UAE newspapers and Al Arabiya TV Channel, and with the active participation of all investment sectors in both countries, from 3-4 March 2008, was born. It is expected that the publicity which will attend the event will be one of the largest and most important Media demonstrations in the region in recent times. Please visit the Forum's official website at:
http://www.gulfinvestmentforum.com

About ETISAL Event Management:
Etisal Event Management is a leading creative services firm that provides effective, award-winning public relations and events management services to clients seeking to carve out a niche in the competitive world of business. It specializes exclusively in corporate communications, event management, public relations, conferences and exhibitions. For more information, please visit our website at: http://www.etisal.ae

Contact: Ms. Rana
or Mr. Maurice
ETISAL Event Management
Phone: 04 222 54 25
Fax: 04 224 06 56
Address: Radisson SAS Plaza Hotel, Deira, Dubai
Website: www.etisal.ae
Etisal Event Management

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