1 Day
Source:
وكالة الأنباء القطرية
GCC States Boost Global Investment Role
The article focused on the efforts of the Gulf Cooperation Council (GCC) countries to enhance their economic and financial capabilities to position themselves as a global investment destination. The Secretary-General noted that the Council's total economy is approximately $2.4 trillion, with sovereign wealth fund assets exceeding $5 trillion. The Council’s commodity trade reaches around $1.6 trillion, reflecting its ability to support economic diversification and investment in sectors such as energy, technology, artificial intelligence, and services. He also emphasized that economic integration among the GCC states plays a key role in strengthening their competitive position through initiatives like the Customs Union and the Unified GCC Market. Additionally, international partnerships are expanding to cover various fields such as technology, advanced industries, and clean energy, with investments in infrastructure and digital development. In conclusion, the Secretary-General pointed out that the strategic location of the GCC countries, combined with their robust financial and logistical infrastructure, grants them a central role in connecting global markets. There is also a forward-looking focus on strengthening long-term partnerships and achieving sustainable growth that creates mutual value over the long term.
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