Mr. Saleh bin Hamad Al Sharqi, Chairman of the Board of the GCC Commercial Arbitration Center, together with Dr. Kamal Al Hamad, Secretary General of the Center, welcomed His Excellency Jasem Mohamed Albudaiwi, Secretary General of the GCC Commercial Arbitration Center. At the GCC Cooperation Council during a visit to the center’s headquarters in the Kingdom of Bahrain.
The Center’s Chairman and Secretary-General warmly welcomed His Excellency Jassem Mohamed Al-Budawi and expressed their pride in the vital role played by the GCC Secretary-General. Leaders acknowledged the organization’s efforts to promote cooperation and integration among GCC countries across various production and service sectors. This cooperative approach will strengthen the foundations of the Gulf joint economic structure, promote trade and investment exchanges with the international community, expand investment opportunities, expand GCC countries’ export markets, and strengthen their overall competitiveness. It is intended to.
During the visit, the two leaders highlighted the important role of the GCC Commercial Arbitration Center in establishing a regulatory and attractive investment environment within the GCC countries. They also discussed the Center’s provision of prompt professional services for dispute resolution and the promotion of a culture of arbitration.
Saleh bin Hamad Al Sharqi, Chairman of the GCC Commercial Arbitration Center, highlighted the Center’s commitment to holding productive discussions with relevant authorities. The goal is to focus on the advancement of commercial arbitration and strengthen coordination and cooperation, both strategically and operationally. This includes considering institutional options for resolving commercial disputes in the Gulf and supporting the region’s investment climate, economic growth and prosperity.
Dr. Kamal Al Hamad, Director-General of the Center, highlighted the vital role played by the GCC Commercial Arbitration Center in facilitating business operations and supporting the investment climate in the Gulf region. Underscoring the Center’s global status as a destination for foreign investment, he said the Center’s efforts to provide judicial safeguards to protect and encourage foreign investment will contribute to a safe investment environment in the Gulf. It pointed out. This will ease the business environment and support the implementation and expansion of business activities of domestic and foreign investors.
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