Nass pointed to the great challenges facing the world in general and the Arab countries in particular, represented by technological transformation and artificial intelligence, which may abolish many jobs and shake the labour market. He called to keep abreast of the latest technologies and employ scientific progress for the wellbeing of the people and the countries.
Nass stressed the importance of reinforcing Arab economic cooperation and advancing the volume of its exports and investments, calling for upgrading Arab-German partnerships to new levels commensurate with the capabilities and potentials of both sides.
For his part, Bahrain Chamber’s First Vice-Chairman Khalid Najibi, underlined the importance of the 26th Arab-German Economic Forum, as a platform to congregate German and Arab experts, and deliberate about common business matters and probe means to promote investments and drive economic growth.
Najibi added that the Arab-German economic relations are witnessing a major turning point in the post pandemic era, evident in the 23.3% increase in the volume of Arab-German trade exchange in year 2022. He also called to launch new initiatives to strengthen Arab-German economic relations.
For his part, Chairman of Sharjah Chamber Abdullah Sultan Al Owais, spoke about the success of the United Arab Emirates in developing its infrastructure and carrying out legislative reforms that strengthened its position as a global center for business and investment. He highlighted incentives offered to foreign investors, and reiterated the importance of elevating Arab-German business relations to new heights.