Saudi Arabia seeks to transform Makkah Al-Mukarramah and Al-Madinah Al-Munawwarah in the west of the Kingdom into a center for financial and business activities in the Islamic world.
Three economic entities are joining forces to turn the two cities into a center for business activities, and a platform for knowledge and creativity related to the Islamic world and practices.
In this context, Saudi Arabia will hold a major event on Wednesday at the Makkah Chamber Center for Exhibitions and Events, where representatives from the 57 countries of the Organization of Islamic Cooperation (OIC) and a number of diplomats will witness the signing of a qualitative partnership agreement between the Chambers of Makkah and Al-Madinah with the Islamic Chamber of Commerce, Industry and Agriculture.
Abdullah Saleh Kamel, chairman of the board of directors for the Makkah Chamber of Commerce, said the agreement aims to provide logistical support on the ground in both holy cities through investment and integrated planning for global events.
He added that the partnership will also benefit business sectors in the holy cities by hosting a number of exhibitions, forums, workshops and dialogues with decision-makers from the Islamic world.
For his part, Munir bin Saad, Chairman of the Board of Directors of the Madinah Chamber, stressed that the partnership between the three chambers of commerce contributes to a cultural, heritage and urban shift for the two holy cities, and achieves the Kingdom’s ambitious Vision 2030.
Youssef Khalawi, Secretary General of the Islamic Chamber of Commerce, Industry and Agriculture, said that the partnership will seek to organize workshops on the new business concepts, and hold meetings and gatherings at the international level, in addition to establishing permanent centers in the two holy cities, issuing specialized economic reports and developing studies.
