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Asharq Al-Awsat
Asharq Al-Awsat
Business
Khobar- Asharq Al-Awsat

New Online Industrial Gate to Back Products Made in GCC States

Gulf states to activate joint economic initiatives for GCC members (Asharq Al-Awsat)

The Federation of Gulf Cooperation Council Chambers of Commerce (FGCCC) on Sunday launched the first-ever official integrated digital platform designed to support all Gulf companies and factories and promote products made in Gulf states.

FGCCC Secretary-General Saud al-Meshari confirmed that the newly established portal is part of a series of platforms launched by the Chambers to match the trend of digital transformation and facilitate means of joint cooperation.

The industrial platform works to provide opportunities to national industries in the Gulf region, especially the heavyweights competing internationally.

A joint cooperation agreement was signed between the FGCCC and the Business Portal Foundation to work on the Chambers’ publications and the technological development of specialized platforms that support digital transformation in the Gulf market and to establish specialized platforms that support private sector business owners and investors in GCC countries.

Mohammed Al-Jabri, CEO of the Business Sector Gate Foundation in the UAE and a founding partner of the platform, confirmed that work is underway to establish another eight specialized platforms for private sector institutions in GCC states.

The platform offers over two million consumers in GCC countries access to the first online exhibition for Gulf products.

It is worth noting that a specialized application for the purchase of products made in GCC states will be launched by the end of April.

Available in both Arabic and English, the application will give users the chance to buy any of the products shown on the online industrial gate.

The newly launched platform will also publish an annual report that includes updates about industrial sectors in each GCC state. It will serve as an official reference to the industrial sector in the GCC.

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