• Aramco, SABIC, facilities , the Bank for Social Development and Entertainment participate in the "Qatif Investment Forum 2019"

    15/12/2019

    ​Organized by the Asharqia Chamber under the patronage of His Highness the Prince of the region this December

    Aramco, SABIC, facilities, the Bank for Social Development and Entertainment participate in the "Qatif Investment Forum 2019"

    The Saudi Aramco Company, the Saudi Basic Industries Corporation "SABIC" and the General Entertainment Authority, are participating in the works of the Qatif Investment Forum 2019 organized by the Eastern Chamber under the patronage of His Royal Highness Prince Saud bin Nayef bin Abdulaziz, Governor of the Eastern Region, on Monday, December 23, 2019, at the Prince Faisal bin Fahd Center For occasions, in Saihat.​

    The Chairman of the Board of Directors of the Asharqia Chamber, Abdul-Hakim bin Hamad Al-Ammar Al-Khaldi, said that the forum discusses - in two pivotal sessions - the first is "ways to enhance the attractiveness of investment and available opportunities" and the second axis: A number of topics, the most prominent of which are: “Challenges of investment in economic activities, mechanisms to enhance the attractiveness of investment, available opportunities, and directing junior investors.” During the session, Qatif Governor Khalid bin Abdulaziz Al-Sufyan and Mayor of Qatif Eng. Mohammed bin Abdul Mohsen Al-Husseini, Q: The Business Council in the Chamber’s branch in Qatif, Eng. Abdul Mohsen bin Abdul Majeed Al Faraj, and Vice President of the Local Content and Business Development Unit of SABIC, Engineer Fouad bin Muhammad Mus​a. 


    As for the second session (the second axis​​), the forum discusses the competitive advantages that attract investment, in the governorate, the role of major institutions, institutions and companies in supporting investment, economic fundamentals and the role of investment driving institutions. This session is moderated by Vice-President of the Asharqia Chamber of Commerce Council in Qatif Hisham bin Ali Al-Saif and speaks during it General Director of Lending Finance at the General Authority for Small and Medium Enterprises, Khalid bin Abdul Rahman Al-Jaafari, Director of the Treasury and Investment Department of the Social Development Bank, Seat Ben Abdullah Al-Khamis, and Engineer Mohammed bin Awad Al-Shalawi, Chief Operating Officer of Aram Center Ko Entrepreneurship (Promising), and Ghassan Bin Muqbel Khan, Executive Director of Strategic Management, General Entertainment Authority.​

    ​Al-Khalidi added that the success of the great achieved by the Forum in two versions two years was motivated to repeat the experiment, but new topics, and other speakers, in order to keep abreast of developments in our beloved country, especially at the economic level, in the Kingdom of Vision 2030 which focuses on diversifying sources of income, support and take care of the private sector.

    Another part, the head of the Eastern Council Chamber of Commerce in the Qatif Governorate, Abdul Mohsen bin Abdul Majeed Al Faraj, said that the Qatif Governorate is characterized by a set of specifications that make it a fertile oasis for investment, perhaps the most prominent of which is the geographical location between the administrative capital of the eastern region (Dammam) and the Saudi industrial castles (in Jubail and Ras al-Khair) And this matter includes areas of work in the commercial, logistical, industrial, and other fields, as well as a view of preserving the Arabian Gulf and what this field involves in activities related to the direct sea, such as fishing, tourism, trade, etc.​

    Al-Faraj expressed his hope for the success of the forum along the lines of the previous two versions, appreciating the kind patronage of His Royal Highness Prince Saud bin Nayef bin Abdulaziz, Governor of the Eastern Region, and the participation of His Excellency the Governor of Qatif, Mr. Khalid bin Abdulaziz Al-Sufyan, and other officials in a number of governmental and private agencies. 

    Al-Faraj concluded by saying that the work prospects are wide, and the investment fields in Qatif Governorate are many and varied, supported by the government's approach to diversifying sources of income, improving the investment environment, and attracting local and foreign investments. From here, the value of the forum and the importance of the topics that will be discussed during the forum sessions, which we hope to Another addition to the investment movement in the eastern region​.



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