Adel Alawadhi, Executive Chairman of The Corporate Group, addressed the role of FDI in supporting growth and diversification of the GCC economy, in his presentation at the seminar by Ministry of Economy in Oman.
The two day seminar by the Ministry of Economy in Oman, under the title ‘The Role of the Private Sector in Economic Diversification in GCC States’ was held in the last week of December to discuss and explore avenues for fostering a highly competitive private sector in the region that can contribute to economic growth of the GCC.
Adel Alawadhi of The Corporate Group, in his presentation, emphasized the significant role of Foreign Direct Investment (FDI) in supporting the growth and diversification of the GCC economy. Some key pointers of his presentation included the role of FDI as a driver for economic development, challenges and benefits in Free and Economic Zones, and success stories in the UAE and GCC.
As a leading Emirati owned company in the GCC, The Corporate Group is aligned to government and regional strategies and supports global businesses set up and grow their business in the UAE and GCC. TCG, through its subsidiary companies, offers business support services that include business set-up, business consulting and advisory, accounting services, product distribution and co-working spaces.
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