The Gulf Organisation for Industrial Consulting, GOIC, has participated in the 8th AFAQ Economic Conference, held recently under the title "Modern Economic Issues" in Amman, Jordan.

Mohammed bin Khamis Al-Mukhaini, Assistant Secretary-General for Industrial Information and Studies at GOIC, said, "It was an important opportunity to discuss challenges that various economic sectors face and to exchange opinions and broaden the horizons of economic cooperation through mutual investments between Arab and Gulf countries."

Al-Mukhaini, one of the conference’s guests of honour, called upon participants to sign an agreement between GCC countries and Jordan to promote, protect and give additional privileges to Gulf investments. In addition, he highlighted the importance of strengthening the investment structure to attract Arab investors in general, and Gulf investors in particular to Jordan. He also stressed the necessity to boost the efficiency of joint economic committees between GCC countries and the Kingdom of Jordan.

Economic and financial experts and companies from 15 Arab and foreign countries participated in the conference in addition to Jordanian companies operating in various economic sectors.

The participants discussed a variety of topics, notably Jordan’s economic vision and its role in attracting investments, the shadow, or hidden economy and its positive and negative impacts on national economies, renewable energy and its future in light of the reduced oil prices, banks, smaller financing issues and cumulative liquidity, banking secrecy standards, obstacles hindering Arab investments, economic integration, Arab stock markets and the legitimacy of global stock markets.

Source :WAM