Dhahran, February 10 (QNA) - The Federation of GCC Chambers (FGCCC) announced the transfer of its presidency for the 24th session to Chairman of the Qatar Chamber HE Sheikh Khalifa bin Jassim bin Mohamed Al-Thani, succeeding Chairman of the Oman Chamber of Commerce and Industry HE Sheikh Faisal bin Abdullah Al Rawas.

The Federation also restructured its Executive Office, appointing HE Abdullah bin Saleh Kamel as First Vice President, and HE Rabah bin Abdulrahman Al Rabah as Second Vice President.

On this occasion, HE Sheikh Khalifa bin Jassim expressed his sincere appreciation to HE Sheikh Faisal Al Rawas for his distinguished leadership. He noted that Sheikh Faisal’s tenure achieved tangible milestones that solidified the Federation’s role as the primary representative of the Gulf private sector and a key partner in regional economic integration.

He added that the previous term witnessed the launch of several key digital initiatives, the expansion of the Federation’s presence in international forums, and the signing of strategic agreements that boosted economic and investment cooperation among GCC countries.

He stressed that the next phase demands further progress amidst rapid global economic transformations. He affirmed that the Federation would work to empower the Gulf private sector through a flexible strategic vision, transforming challenges into opportunities that ensure the sustainability and growth of the regional economy.

With the transfer of the presidency to HE Sheikh Khalifa bin Jassim, the Federation aims to continue championing the interests of the Gulf private sector. Its focus will remain on enhancing intra-GCC trade, boosting the competitiveness of private enterprises, and intensifying strategic partnerships with regional and international entities to advance Gulf economic integration and support sustainable development across the GCC.

The Federation will further focus on supporting the initiatives and projects launched during previous sessions, while introducing further qualitative programs to empower the Gulf private sector in the upcoming phase.

It is worth noting that HE Sheikh Khalifa bin Jassim currently serves as the Chairman of the Qatar Chamber and ICC Qatar and represents the region globally as a Member of the Executive Board of the International Chamber of Commerce (ICC) in Paris. Furthermore, he holds the position of First Vice President of the Islamic Chamber. He also holds memberships in several key economic councils and institutions and plays an active role in regional and international federations and chambers of commerce. (QNA)