We want to improve halal industry, says Organization of Islamic Cooperation chief

Tatarstan President Rustam Minnikhanov received OIC Chief Yousef bin Ahmad Al-Othaimeen at his house in the capital Kazan on Thursday. (SPA)
Updated 10 May 2018
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We want to improve halal industry, says Organization of Islamic Cooperation chief

  • Al-Othaimeen explained that OIC’s many activities have largely benefited from the increased interaction between the organization and Russia.

JEDDAH: Secretary-General of the Organization of Islamic Cooperation (OIC), Yousef Al-Othaimeen, has underlined the OIC’s keenness to cooperate with Russia to bolster trade and investment, including encouraging trade and finance and boost the Halal industry as well as rural and agricultural development.
Addressing the launch ceremony of the 10th International Economic Summit entitled Russia-Islamic World: Kazan Summit 2018, hosted by the Republic of Tatarstan, Al-Othaimeen called for the coordination of executive and legislative mechanisms to facilitate business deals.
He also called for the liberalization of visa processes between OIC member states and the Russian Federation, highlighting that the volume of trade between Russia and OIC member states rose from $34.6 billion in 2014 to $42.5 billion in 2016.
Al-Othaimeen explained that OIC’s many activities, which aim to spread Islamic financial products and youth work, have largely benefited from the increased interaction between the organization and Russia.
He pointed out that Islamic finance assets are projected to increase 7 percent by 2022 after reaching $1.6 trillion in 2016.
Tatarstan President Rustam Minnikhanov received OIC Chief Yousef bin Ahmad Al-Othaimeen at his house in the capital Kazan on Thursday.
He thanked the OIC and expressed his appreciation for its tireless efforts to improve OIC-Russian relations and for its valuable contributions in the Islamic world.
Minnikhanov and Al-Othaimeen agreed to strengthen the existing cooperation in the fields of trade, finance, Halal products, and capacity building.


FaceOf: Abdulrahman Al-Harbi, governor of KSA’s General Authority for Foreign Trade

Abdulrahman bin Ahmed bin Hamdan Al-Harbi
Updated 27 March 2019
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FaceOf: Abdulrahman Al-Harbi, governor of KSA’s General Authority for Foreign Trade

Abdulrahman bin Ahmed bin Hamdan Al-Harbi was appointed the governor of the General Authority for Foreign Trade following a royal decree issued on March 23. 

Previously, he had been the deputy minister of foreign trade since 2016. 

He has held many leadership positions in the financial and private banking sector, the most recent of which was serving as the chief executive officer of Emirates NBD KSA. 

Al-Harbi is a member of several boards of directors as well as local and international committees, including the board of directors of the Saudi Export Development Authority and the General Authority for Small and Medium Enterprises. He is also the chairman of the Investment Committee, and represents the Kingdom on the board of directors of the Islamic Center for Trade Development.

He holds a bachelor of science in management information systems from the business school at the King Fahd University of Petroleum and Minerals in Dhahran. 

The General Authority for Foreign Trade aims to enhance the Kingdom’s international commercial and investment activities. It was established to consolidate Saudi Arabia’s position as a region and global trade hub.

One of the key goals of the authority is to ensure smooth access for Saudi non-oil exports in target markets by removing obstacles.