Cairo to host a joint Gulf-Egyptian Economic Forum in Q1 of 2014
October 18, 2013 - 1:22:10 pm
MANAMA: The Egyptian Capital Cairo will hosts during the first quarter of 2014 ,the joint Gulf- Egyptian Economic Forum.
The event, jointly organized through cooperation and coordination between the Federation of GCC Chambers and the General Federation of the Egyptian Chambers of Commerce, will discuss ways and mechanisms to develop the relations between the Gulf businessmen and their Egyptian counterparts, aiming at elevating the economic and commercial level between both sides.
On this occasion, President of Bahrain Chamber of Commerce and Industry, Dr. Essam Abdullah Fakhroo said that the organization of that forum comes in implementation of the proposals and recommendation lately submitted during the meeting that gathered him with the Egyptian Ambassador to Bahrain, Essam Saleh Awad.
Dr. Essam Fakhroo called on the businessmen and representatives of the private sector in Kingdom of Bahrain to actively participate in the forum, which he also said aims at reviewing means of facilitating difficulties that face the economic cooperation march between GCC countries and Egypt to establish a commercial exchange consistent with the available capabilities of each party.
Dr. Essam Fakhroo added that during the next near period, there will be a detailed announcement of the themes and issues of the forum.
Dr. Essam Fakhroo highlighted that holding such forums comes in accordance with the directives of the wise political leadership in GCC countries supporting the efforts of enforcing security.
And stability in Arab Republic of Egypt, and the need to support the joint economic work between the GCC states and Egypt.
Dr. Essam Fakhroo also pointed out the importance of encouraging such work in this phase, where they all face economic and political challenges, and they can overcome them through the joint economic theme, that requires them to gather between the businessmen in both sides.
He valued the response of the Federation of the GCC Chambers of Commerce with the proposal of the Chamber to organize the mentioned forum, which affirms the stance of the Gulf private sector supporting the Egyptian Economy. (QNA)