Monday, March 23, 2009

Mediterranean Investment Forum "Med Invest 2009"

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The Mediterranean Investment Forum "Med Invest 2009" was held in the The InterContinental Dubai Festival City on 26 - 29 March, 2009; under the patronage of Lebanese President Michel Suleiman, and with attendance of more than 500 business leaders and representatives of investment funds from Europe, the Mediterranean and the Arab World. Attending the inauguration was the country's Tourism Minister Elie Marouni as well as a number of envoys to Lebanon.

Also attending was former Minister of Commerce and Industry of Kuwait Yousif Al-Zalzala. Chairman of the Al-Iktissad Wal-Aamal Group Raouf Abu Zaki, said that the Arab Economic, Development and Social Summit recently held in Kuwait helped issue a number of strategic decisions that aid Arab economic cooperation, including the unified Arab customs' agreement which begins as of 2010 to be implemented wholly in 2015. Abu Zaki underlined the need for increased Mediterranean-Euro-Arab cooperation in light of today's dire state of the global economy.

Med Invest 2009 organized by BusinessMed, BusinessEurope and Al-Iktissad Wal-Aamal, proposes to provide the three following ingredients: Investment needs confidence: Projects of emerging countries, technology: Technology of the European Union and finance: Financing of the Gulf.

Source : http://www.iktissad.com/events/MIF/1

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