His Excellency Mr Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC), stated that the 15th Consultative Meeting between Their Excellencies the Ministers of Commerce and Heads of the Federations of GCC Chambers represents a strategic dialogue platform bringing together policymakers and decision-makers on one side and private sector representatives on the other.
His Excellency affirmed that the meeting constitutes the highest level of engagement between government officials and the private sector, aimed at cementing joint cooperation, stimulating economic growth across GCC member states, and addressing regional and global economic challenges facing the Gulf private sector.
His Excellency’s remarks were delivered during the 15th Consultative Meeting between Their Excellencies the Ministers of Commerce and Heads of the Federations of GCC Chambers, held today, Wednesday (October 7, 2026), in the Bahraini capital, Manama, chaired by His Excellency Mr Abdulla bin Adel Fakhro, Minister of Industry and Commerce in the Kingdom of Bahrain and Chairman of the current session. The meeting was attended by Their Excellencies the Ministers of Commerce and Heads of Chambers across GCC member states.
During his address, His Excellency the Secretary General highlighted the vital and prominent role played by the private sector in achieving the national objectives of GCC member states and advancing joint Gulf cooperation. He noted that the consultative meeting convenes to shed light on the challenges facing the Gulf private sector and overcome them through appropriate solutions, in line with the wise directives of Their Majesties and Highnesses the Leaders of the GCC states, who remain committed to supporting this sector and empowering it to play an active role in achieving economic integration among member states.
Concluding his address, His Excellency expressed his aspiration that the 15th Consultative Meeting will focus efforts on the agenda items to generate initiatives that support private sector growth across GCC member states, serving as a powerful economic engine that contributes to economic stability and development, as well as bolsters the Council's global standing as a leading financial, investment, and economic hub.
