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Kamal delivers speech at 2nd edition of Global Arab Business Meeting

 

Kamal delivers speech at 2nd edition of Global Arab Business Meeting

Oct 10,  7:53 PM
The minister of Urban Development, Mr. Kamal Nath has said that a new world order is emerging on the global economic front as the gravity of economic growth has shifted to the East.

Delivering a speech at the second edition of the Global Arab Business Meeting (GABM) in Ras Al Khaima in United Arab Emirates today, he said that the Arab world and particularly the UAE can be on the winning side of this transition as it has a huge locational advantage on being situated at the junction of the new growth continents of Asia and Africa.

According to Ras al Khaima media department, Mr. Kamal Nath noted that one of the challenges facing the growing economies of Asia and the Middle East is how to make the growth inclusive, which touches all sections of the society and reaches all parts of the country.

The second edition of the Global Arab Business Meeting (GABM) started off in Ras Al Khaimah yesterday with Supreme Council Member and Ruler of Ras Al Khaimah,Sheikh Saud bin Saqr Al Qasimi, calling upon Arab businesses and enterprises to embrace innovation and invest in knowledge.

Speaking at the event, UAE Minister of Foreign Trade Sheikha Lubna Al Qasimi said that greater economic integration is the best way to sustain peace stability and prosperity in the Arab world. Referring to the Arab Spring and the sweeping changes taking place in many Arab countries, Sheikha Lubna said that the region is actually in the cusp of positive and enduring change.

 



Monday , 10   October , 2011