Plans were adopted to rework Mecca, Medina into a money and business center for the Muslim world
Makkah: Makkah Chamber of Commerce, Madinah Chamber of Commerce and Muslim Chamber of Commerce, business and Agriculture signed the MoU within the presence of representatives of Muslim countries and varied Saudi Chambers.
Under the auspices of Saudi Trade Minister Majid al-Qasabi, the agreement aims to rework Mecca and Medina into centers of economic and endeavor within the Muslim world.
The sign language ceremony was control within the presence of the Chairman of the Board of administrators of Makkah Chamber, Abdullah Saleh Kamil, United Nations agency is additionally the Chairman of the Board of administrators of the Muslim Chamber, and also the Chairman of the Board, Munir Muhammad Nasir bin Saad. administrators of Medina Chamber.
Al-Qasabi same he was happy with the triangular partnership, which has 9 comes adopting quality measures, like the planet Halal Forum, the planet Business Forum in Mecca, as well as 5 discussion sessions with business leaders from round the world. beside different distinguished initiatives.
“The title of Saudi Vision 2030 is ‘Arab and Muslim Depth,’ a significant investment force and a pivot to attach 3 continents,” Kamil same.
“We were galvanized by the vision of building a competitive partnership – consisting of a gaggle of initiatives associated with Makkah and Madinah – as follows: to require advantage of the sacred standing of the 2 holy cities globally and rework them into a hub of business events. and a platform for data and creative thinking associated with the Muslim world and practices,” he said.
“Our ambition isn’t restricted to the 9 comes within the program. There square measure different commitments associated with vital studies, bold strategic comes, and that we thought we should always investigate them before beginning their studies,” he added. there’s a necessity, as well as the study of ‘Made in Mecca’, that can be a worldwide free port.
Furthermore, it’s vital to determine a permanent exhibition of merchandise and services of Muslim countries.
“These 2 initiatives have a worldwide dimension in line with Vision 2030 and square measure complementary to dozens of initiatives associated with the 2 holy mosques,” he added.
Bin Saad conjointly noted Vision 2030 for a brighter future.
“Today we have a tendency to square measure proud to air the brink of a replacement international stage representing this partnership with a real, numerous and enticing platform that contributes to a qualitative transformation for Makkah and Madinah in terms of civilization, heritage and concrete areas. Will put,” he said.
Makkah Chamber Secretary General Ismat Abdul Karim Matooq same that the forum represents a platform to stimulate trade relations between Muslim countries and aims to extend trade and investment between them and promote economic activities within the holy cities. to extend.
|Under the auspices of Saudi Trade Minister Majid al-Qasabi, the agreement aims to rework Mecca and Medina into centers of economic and endeavor within the Muslim world. (SPA)
He added: “The Saudi government has provided several facilities and legal framework to form a perfect setting for investment. As so much as Makkah thinks about, statistics show that the amount of pilgrims this year can increase by thirty p.c over last year. in step with a recent and exclusive study ready by the Mecca Chamber of Commerce, the amount of pilgrims is predicted to achieve a pair of.5 million with one.7 million foreigners and 850,000 native pilgrims.
“The accommodation capability of residential units and hotels is calculable for around three.3 million pilgrims, looking on construction progress. This season, we’d like around sixty six,000 buses and cars to move the pilgrims, and also the pilgrimage. calculable revenue for this season is around SR23 billion ($6.1 billion).”
These figures square measure simply samples of the Brobdingnagian investment opportunities out there throughout the pilgrimage season, he said, noting that thriving partnerships are often established between varied parties to form ideal cooperation between investors.
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