The Goic workshop covered basic economic concepts with an emphasis on modern benchmark indicators
Gulf Organisation for Industrial Consulting (Goic) has held a training workshop for the industrial sector as part of its efforts to train and develop industrial staff to boost the competitiveness of this vital sector.
The workshop on “The Relationship between Economic Indicators and Industrial Sectors” covered basic economic concepts with an emphasis on modern benchmark indicators, including composite indicators linked with supervision and evaluation regulations.
Mohamed al-Mukhaini, assistant secretary general (Industrial Information Sector), Goic, delivered a keynote address in which he stressed the importance of improving the performance of the industrial sector.
The workshop highlighted the dynamics of the economic sectors’ progress, levels of industrial productivity and the link between the industrial sector and government services.
It was aimed at developing participants’ skills by introducing the basic concepts of macroeconomic variables, basic variables, modern measurement standards used by international databases, the implications of indicators, concepts of conventional, composite and competitiveness indicators, variation in modern benchmark databases and their fields of specialisation, means to develop indicators and determine metadata standards.
The workshop, delivered by Dr Abdul Quddus al-Maruni, expert at Goic, was tailored for staff working in economic and financial analysis and business environment from the government sector supporting the industrial sector.
Goic offers a number of training workshops to parties concerned according to their specific needs in various fields.
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