Union of Arab Chambers

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The Union was founded on December 16, 1951, and assigned Beirut to be the headquarters of its General Secreteriat and settled in 2008 in “Adnan Kassar Edifice for Arab Economy”.

The basic motive for the establishment of the Union was the far sightedness of the Arab businessmen to the importance of the regional cooperation as means to accelerate the Arab economic development. Thus the Union became the first Arab economic organization operating on a non-governmental level to develop the basics of cooperation and economic integration between the Arab Countries. The Union played a major role in enhancing the cooperation between the Arab Countries on both commercial and investment levels.

The Union was the first to bring forward the idea of founding the Arab Common Market and to lay down its general principles that should be executed in an effort to achieve full economic unity between the Arab countries.

Vision

To be the true representative of the Arab private sector in trade, investment, and economic fields with the aim of developing the status of this sector and its role in the process of development, growth and economic  integration of the Arab economies.

Mission Statement

To be:

  • A referral center and a vital link for all business communities in the Arab countries.
  • A developer of the Arab economic thought on a sustainable basis.
  • A bridge for the Arab private sector to the fundamental rules of the international economy, thus facilitating its integration with the world economy.

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