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Business / Qatar Business

Record attendance at Vision Golfe 2024 signals growing French-GCC commercial cooperation

Published: 12 Jun 2024 - 11:38 am | Last Updated: 12 Jun 2024 - 11:38 am
Officials during the signing ceremony at the Vision Golfe 2024, in Paris, France.

Officials during the signing ceremony at the Vision Golfe 2024, in Paris, France.

The Peninsula

Doha, Qatar: Vision Golfe 2024, held at the French Ministry of Economy, Finance, Industrial and Digital Sovereignty in Paris, has marked a significant milestone in bolstering economic relations between France and the Gulf Cooperation Council (GCC). This year’s edition witnessed unprecedented engagement with over 1,200 attendees, including more than 500 stakeholders from GCC countries, reflecting a growing commitment to enhancing bilateral economic cooperation.

The event was packed with insightful discussionsthatbegan with a welcoming speech from the French Minister of Economy, Bruno Le Maire, followed by Laurent Saint-Martin, CEO, Business France, on the importance of this strategic cooperation for French trade and attractiveness.

The event featured high-level participation from prominent figures such as Dr. Jaleela bint AlSayed Jawad Hasan, Ministerof Health, Bahrain, Eng. Salim Al Aufi, Minister of Energy and Minerals, Oman, Minister Jean-Yves Le Drian, President of AFALULA, agency dedicated to the development and promotion of the AlUla region in Saudi Arabia, Minister Christophe Castaner, President of the Supervisory Board, Port of Marseille, the main port authority for Marseille-Fos port, Princess Noura Faisal Al Saud, CGEO Consultant, Abdullah Al Othaim Investment Co.

Their contributions provided invaluable insights into trade and economic strategies, underscoring the importance of the conference agenda and enriching discussions with high-level governmental perspectives. Another agreement strengthening bridges was established at Vision Golfe, between Export Bahrain and the French Chamber of Commerce to promote Bahraini exports while facilitating business relations between France and Bahrain.

Following this, a series of roundtables were scheduledfor two daysthat offered valuable insights intothe pivotal issues of the French-GCC commercial relationship. Sulaiman Al Mazroua, CEO of the National Industrial Development and Logistics Program (NIDLP), contributed to the discussions by highlighting Vision 2030 and its focus on energy, supply, technology, and investments.

Subsequently, Mishaal Bin Omairah, Group CEO of Al Othaim Investment, shed light on the Saudi retail and entertainment sector while sharing his vision for becoming a leading player in the Saudi market. Highlights of this edition also included France’s top attractiveness status in Europe, with France 2030 Investment Plan and the announcement of the establishment of the France Lab for Mohamed Bin Zayed University of Artificial Intelligence (MBZUAI).

Laurent Saint-Martin, CEO, Business France, commented: “In a world facing crises of all kinds and amid significant tensions in the Near and Middle East, we at Business France, alongside our Gulf partners, have chosen to build bridges.By leveraging shared expertise, cultural exchange, and mutual investment opportunities, Vision Golfe seeks to create a resilient and prosperous future with our exceptional Gulf partners with which France maintains high-quality bilateral cooperation. I hope that we, both individually and collectively, will meet the expectations and needs of our Gulf partners, whose high standards should compel us. The competition is fierce. Let’s rise to the occasion”.