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Business & Economy

CPC backs moves to boost Arab investments

An Arab Private Sector Forum was held recently in preparation for the upcoming third Arab Summit for Economic and Social Development.
It was tilted “Active Participation of the Private Sector in Economic Development and Arab Economy Integration Initiatives.”
The forum discussed, among others, various projects and investment initiatives in the Arab countries.
It was held in Riyadh under the auspices of Foreign Minister Prince Saud Al-Faisal.
Faysal Al-Aquil, director of business development and corporate social responsibility of construction products Holding Company (CPC) — platinum sponsor of the forum – underscored the company’s sponsorship, saying that its great importance is reflected on the caliber of participants as well as officials who took part in the forum.
“The Construction Products Company is very keen to support initiatives that support the joint Arab work for the development of leading businesses, as well as offering more investment opportunities that lead to the advancement of Arab communities and reduce unemployment,” Alaquil added.
The forum also explored the initiatives which will be launched by a group of Arab investment companies and economic organizations in various banking and financial markets, and small and mid-sized projects, job creation, development of business entrepreneurship, information technology and communication, industrial and agricultural development, trade and social housing.
The forum was organized by Arab League, the General Union of Chambers of Commerce, Industry and Agriculture for Arab Countries and the Council for Saudi Chambers of Commerce and Industry.

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