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Islamic Chamber of Commerce’s general assembly held

| 28/04/2008 | Reply

Islamic Chamber of Commerce’s general assembly held

Jeddah – Rabi Al Akher 21 1429/ April 27,
2008 – Makkah Governor Prince Khaled Al Faisal opened the 24th session
of the General Assembly of the Islamic Chamber of Commerce held at the
Jeddah Chamber of Commerce and Industry on Thursday night. Addressing
the session, Saleh Kamel, Chairman of the Board of Directors of the
Islamic Chamber of Commerce, highlighted the pivotal role the chamber
plays in the service of the Islamic countries’ economies, manifested in
enhancing trade exchange among member countries of the Organization of
the Islamic Conference (OIC).
Reviewing the chamber’s
accomplishments, Kamel said the chamber serves as a business and
economic hub for Islamic countries and a representative for the private
sector in these countries. He said the Islamic Summit, held at the
Senegalese capital Dakar last month, stressed the importance of the
chamber in streamlining economic and commercial cooperation among
member states, especially in the age of globalization, which is
distinguished for the emergence of regional and international economic
He also announced the establishment of a global investment
company. “Within the chamber’s efforts to increase the volume of trade
exchange among OIC member states, an international company has been
established, with a starting capital of $100 million, to explore
investment opportunities in these countries,” Saudi Gazette reported
quoting him as saying. Kamel said the chamber’s efforts are not
confined to this, but it also has formed the “Union of Business Owners”
in the member states, in addition to another union named “Earth
Builders.” He pointed out that the union takes care of youth in member
states by developing their talents, encouraging their innovations and
inventions and adopting their ideas.
He stressed that the chamber
attaches great importance to the youth in Islamic countries, because of
the huge potentials that can be used in the development and progress of
their communities. Kamel also unveiled a plan for the establishment of
a company to promote tourism among the member countries, adding that
the tourism industry is as important as trade in terms of its huge
turnover. He pointed out that the chamber has made several economic
achievements of Islamic characteristics.
Muhammed Abdul Fatah
Al-Meseri, Chairman of the General Union of the Egyptian Council of
Chambers of Commerce and Deputy Chairman of the Islamic Chamber, said
in a speech that the chamber’s constitution finds its roots in the Holy
Qur’an and Prophet Muhammad’s (peace be upon him) Tradition. He said
the chamber works for strengthening and consolidating cooperation in
economic and commercial dealings among the member states in the best
interest of the countries’ peoples. The session was also attended among
others OIC Secretary General Prof. Ekmeleddin Ihsanoglu and Minister of
Commerce Abdullah Ahmad Zainal.

Category: Ingredients, Middle East & Africa

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