Saleh Al-Sharki, Secretary-General of the Federation of Gulf Cooperation Chambers, confirmed that intra-GCC trade volume will exceed $146 billion in 2024, representing a growth rate of 9.8% compared to 2023. This reflects the existence of a wide range of investment opportunities for the private sector in multiple areas.
opportunities and challenges
This was announced at a recent media conference held by the Federation of Gulf Cooperation Chambers at its headquarters in Al-Khobar Governorate, with the aim of reviewing achievements and initiatives in support of the Gulf private sector at Gulf, regional and international levels, the most notable achievements of the past 2025, and plans for this year 2026.
Mr. Al-Sharki stressed that the Union will continue its efforts to strengthen the contribution of the Gulf private sector in increasing the volume of intra-regional trade, to develop a regulatory framework and provide a vision to facilitate the flow of goods and services, to take full advantage of the economic forum that presents opportunities and challenges, and to launch more supportive initiatives and programs to create a business environment for the GCC countries.
Saleh Al-Sharki, Secretary-General of the Federation of Gulf Cooperation Chambers, confirmed that the volume of intra-regional trade between Member States exceeded $146 billion in 2024, representing a growth rate of 9.8% compared to 2023, reflecting the existence of extensive investment opportunities for the private sector in various sectors.
opportunities and challenges
This was announced at a media conference recently held by the Federation of Gulf Cooperation Chambers in Al-Khobar at its headquarters, with the aim of reviewing the achievements and initiatives in support of the Gulf private sector at the Gulf, regional and international levels, as well as the most significant achievements of the past 2025 and the current plans for 2026.
Mr. Al-Sharki affirmed the Federation’s continued efforts to strengthen the contribution of the Gulf private sector in increasing intra-regional trade volumes, providing insights into the development of regulatory frameworks, facilitating the flow of goods and services, maximizing the benefits from economic forums to address opportunities and challenges, and launching further initiatives and programs to support the creation of a business environment in the GCC countries.
