The Federation of UAE Chambers of Commerce & Industry (FCCI) has called on business owners and investors in the UAE and the GCC to capitalise on the abundant prospects set to unfold during the first Gulf-Iraq Business Forum. 

 

The event, hosted by the Sharjah Chamber of Commerce and Industry (SCCI), is scheduled to take place from September 26 to 27, 2023.

 

Humaid Ben Salem, Secretary-General of FCCI, said the forum will serve as a platform for discussing numerous Iraqi investment initiatives spanning various economic sectors. 

 

350 prominent figures

Over 350 prominent figures from both the Gulf and Iraq, representing major government entities, corporations and investment funds, are expected to convene at the event.

 

The investment opportunities to be showcased cover a wide range of sectors, including agricultural investment, food security, transport, logistics, education, medical supplies, healthcare, energy, renewable energy, electrical interconnection, infrastructure, housing, finance, and banking.

 

He emphasised that these high-value projects are set to create substantial employment prospects in Iraq. Ben Salem emphasised that the forum, organised in collaboration with the FCCI, the Federation of GCC Chambers of Commerce and Industry (FGCC Chambers), and the Federation of Iraqi Chambers of Commerce, with the support of the GCC General Secretariat, aims to promote Gulf-Iraqi private sector cooperation and enhance economic relations between the two regions. 

 

Investment regulations

This is also in addition to showcasing investment opportunities and discussing investment regulations and incentives available to entrepreneurs. The Gulf-Iraq Business Forum is expected to open up new avenues and markets for economic collaboration and trade exchanges between the participating nations.

 

Ben Salem stressed that the forum is fully supported by the 'Ma’an' Initiative, a collaborative venture recently launched by the FCCI and the International Development Bank in the Emirate of Sharjah.-- TradeArabia News Service