Qatar Chamber, represented by board member Abdul Rahman bin Abdullah al-Ansari, has participated in a two-day seminar held in Muscat, Oman to explore ways to promote economic and development integration in GCC countries.
‘The Role of the Private Sector in Economic Diversification in GCC states’ seminar served as a platform for exchanging ideas and experiences and explored the role of the private sector in the economic diversification of Gulf Co-operation Council countries.
Al-Ansari said the seminar focused on the growing role of the private sector in the Gulf in its economic activity and ways of attracting investments and creating job opportunities in the GCC countries.
He said the event explored mechanisms of establishing a highly competitive private sector in the region, which can compete internationally. It also highlighted the role of the private sector in realising the initiatives, projects, and programmes for the GCC economic integration.
A panel discussion covered several working papers, including ‘Supporting and Empowering the Private Sector’, ‘The Role of the Private Sector in Achieving Economic Diversification and Enhancing Competitiveness’, ‘Reducing Money Migration Abroad’, ‘The Reinsurance Sector’, ‘Motivating the Private Sector to Contribute to Economic Diversity’, and ‘Youth Orientation in Economic Diversity’.
Activities on the second day of the seminar included several visual presentations and working papers on opportunities and challenges in the private sector amid economic diversification, the role of the digital economy in GCC countries, and the role of foreign direct investment in enhancing Gulf economic diversification.
The Role of the Private Sector in Economic Diversification in GCC states’ seminar served as a platform for exchanging ideas and experiences and explored the role of the private sector in the economic diversification of Gulf Co-operation Council countries.
