Union of Arab Chambers
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.
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.
- 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.
NEW DELHI—India’s government on Monday eased foreign-direct investment restrictions in several sectors to increase inflows, a move that also could pave the way for Apple Inc. to open its own stores in one of its main growth markets.
A surge in cross-border mergers and acquisitions boosted global foreign direct investment flows around the world last year to $1.76 trillion, the most since the 2008-2009 financial crisis, the United Nations said in a study.
The ‘Foreign Direct Investment in Latin America and the Caribbean’ 2015 report published by Economic Commission for Latin America and the Caribbean (ECLAC) showed that Mexico recorded inflows of US$ 22.795 billion in 2014. Brazil continues to be the largest recipient of FDI in the region, though inflows US$ 62.495 billion, while Chile remains the … Continue reading Organisers of Annual Investment Meeting 2016 call for building investment bridges between Middle East and South America
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