JEDDAH: Jeddah is to host a three-day economic forum exploring business developments and issues in the Kingdom. “Ministers, top government officials, businessmen and businesswomen in the Kingdom will participate in the first Jeddah Commercial Forum (JCF) to be held under the aegis of Makkah Gov. Prince Khaled Al-Faisal at the Jeddah International Center for Conferences on June 15, 16 and 17,” said Majed Qarub, chairman of JCF’s organizing committee.
“The forum, in which problems faced by businesswomen will receive special attention, is scheduled to discuss topics such as obstacles in the way of investments consequent to the ongoing global economic crisis, the result of governmental measures to protect the investment environment in the country, and the pros and cons of new commercial regulations,” said Qarub who was speaking at a press conference at the Jeddah Chamber of Commerce and Industry (JCCI).
“It will also discuss issues related to quality and specifications, consumer protection and commercial safety. Participants will also look at the impact of the increasing sea piracy on the cost of shipping insurance which will in turn affect the prices of imported goods,” Qarub said.
The JCF chairman added that organizers also planned to make JCF an annual event. More than 1,000 businesspersons and experts are expected to participate in the event, he said.
Another participant at yesterday’s press conference, JCF Chair Nashwa Abdul Hadi Taher, who is also a member of the JCCI, said the forum would be the first of its kind ever held in the Kingdom as it is also aimed at creating awareness among the business community about consumer rights. “The forum will familiarize businessmen and women about the rules and regulations and governmental procedures governing business activities and consumer rights in addition to discussing the solutions to problems faced by business people in general,” she said.
