Gulf Countries to Complete Railway Project

GCC Secretary-General Jassim al-Budaiwi speaks at the Middle East Rail Exhibition and Conference in Abu Dhabi. (GCC)
GCC Secretary-General Jassim al-Budaiwi speaks at the Middle East Rail Exhibition and Conference in Abu Dhabi. (GCC)
TT
20

Gulf Countries to Complete Railway Project

GCC Secretary-General Jassim al-Budaiwi speaks at the Middle East Rail Exhibition and Conference in Abu Dhabi. (GCC)
GCC Secretary-General Jassim al-Budaiwi speaks at the Middle East Rail Exhibition and Conference in Abu Dhabi. (GCC)

The Gulf Cooperation Council (GCC) countries, the GCC Secretariat General, and the GCC Rail Authority are continuing to finalize the completion stages of the railway linking the GCC countries, announced GCC Secretary-General Jassim al-Budaiwi.

Budaiwi thanked and congratulated the United Arab Emirates on completing the railway construction within its territory and extending it to the border with Saudi Arabia.

Speaking at the Abu Dhabi Middle East Rail Exhibition and Conference, he underlined the keenness of Gulf leaders to support the process of joint Gulf action to enhance cooperation to reach the desired integration in all fields.

GCC states have taken thoughtful steps to coordinate and unify their policies and strategies, aiming to crystallize an applicable collective action framework that meets the ambitions and aspirations of their people, he added.

Budaiwi affirmed that the GCC states have been able to complete several strategic integration projects.

He stressed that the efforts of the General Secretariat, the GCC Rail Authority, and member states to complete the railway project represent a significant step in the joint Gulf interdependence and integration given its direct positive impact on trade and the free mobility of citizens and residents of the Gulf.

The project also supports joint investments between the member states and strengthens Gulf economic integration and its impact on the global economy.

Budaiwi remarked that the member states, the General Secretariat, and the Gulf Rail Authority are following up on the implementation of the GCC railway project and some member states have already completed building parts of the project within their territories.



Albudaiwi: Advantage Oman Forum Offers Valuable Investment Insights

Gulf Cooperation Council (GCC) Secretary-General Jasem Albudaiwi
Gulf Cooperation Council (GCC) Secretary-General Jasem Albudaiwi
TT
20

Albudaiwi: Advantage Oman Forum Offers Valuable Investment Insights

Gulf Cooperation Council (GCC) Secretary-General Jasem Albudaiwi
Gulf Cooperation Council (GCC) Secretary-General Jasem Albudaiwi

Secretary-General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi said that the Advantage Oman Forum is a valuable opportunity offered by Oman to discuss and review investment opportunities and initiatives, as well as future transformations in promising sectors in this field.
This came during Albudaiwi's participation in the first edition of the Advantage Oman Forum, which was held under the patronage and attendance of Omani Deputy Prime Minister for Defense Affairs Sayyid Shihab bin Tarik Al Said, and in the presence of a number of ministers of the GCC countries, Sunday in Muscat. A group of senior officials and decision-makers participated in the forum, SPA reported.
The Secretary-General stated that Oman's Organisation of this forum reflects the insightful vision of the wise Omani leadership to strengthen the national economy and attract global investments, thus contributing to achieving sustainable development goals. He also praised the forum's activities and the workshops as well as the dialogue sessions it included, which provide the elements of success and sustainability for this forum, making it a regional and international platform and a destination for those interested in economic and investment affairs in Oman.
Furthermore, Albudaiwi added that Oman, with its attractive investment environment, advanced infrastructure, well-thought-out economic policies and significant economic, in addition to investment growth indicators, has become a destination for investors from around the world, stressing that this strengthens its position as a key pillar in the economies of the GCC countries and supports the council's aspirations for regional economic integration.
The Secretary-General concluded his statement by expressing his confidence that the forum will achieve positive results that will contribute to expanding the horizons of economic and investment cooperation between the GCC countries and the world, and support the comprehensive development process in the region.