Sharjah to host first Gulf-Iraq Business Forum

The forum, organised in collaboration with the Federation of UAE Chambers of Commerce and Industry (FCCI), the Federation of GCC Chambers of Commerce and Industry and the Federation of Iraqi Chambers of Commerce, with the support of the GCC General Secretariat, aims to promote Gulf-Iraqi private sector cooperation and enhance economic relations between the two regions.

Gulf-Iraq Business Forum to draw prominent leaders

Over 350 prominent figures from both the Gulf and Iraq, representing major government entities, corporations, and investment funds, are expected to participate at the event.

The investment opportunities to be showcased cover a wide range of sectors, including agricultural investment, food security, transport, logistics, education, medical supplies, healthcare, energy, renewable energy, electrical interconnection, infrastructure, housing, finance, and banking.

Highlighting the importance of the forum, Humaid Ben Salem, Secretary-General of FCCI, has called upon business owners and investors in the UAE and GCC countries to capitalise on the abundant investment prospects set to unfold during its first meeting.

He said the high-value projects, to be showcased at the meet, will create substantial employment prospects in Iraq.

Bin Salem said in addition to showcasing investment opportunities and discussing investment regulations and incentives available to entrepreneurs, the Gulf-Iraq Business Forum is expected to open up new avenues and markets for economic collaboration and trade exchanges between the participating nations.

He said the forum is fully supported by the ‘Ma’an’ Initiative, a collaborative venture recently launched by the FCCI and the International Development Bank in the Emirate of Sharjah.

The event will be hosted by the Sharjah Chamber of Commerce and Industry (SCCI).