FGCCC News: Nov. 1, 2015
Federation of GCC Chambers organizing the fourth edition of the roundtable entitled “Innovation and Entrepreneurship” will be held on Monday, November 2, 2015 in the Bahrain Chamber of Commerce and Industry.
This roundtable will focus on how GCC countries can strengthen innovation linkages between the different stakeholders such as universities, private-sector institutions, multinational corporations, and the public sector. in addition to addressing about how best to promote a culture of entrepreneurship.
Roundtable is a joint program between the Gulf and European sides, which is a grant from the Delegation of the European Union, involving the FGCCC, Business European Commission, the Danish Federation of Industries, Venture Scout co. The grant amounting to two million euros, for a period of three years.
The FGCCC is organizing the meetings periodically, as the upcoming meeting will be held in Qatar Chamber on 4 November 2015 in order to strengthen the GCC- European economic relations, by holding bilateral discussions with a view to removing barriers to increase trade exchange between both sides, which helps to enhance the opportunities for cooperation in this area.
And that trade between the GCC and the EU countries amounted to 612.6 billion riyals at the end of 2014, while European exports amounted to GCC 298.2 billion dollars and imports 211.3 billion riyals.