Jabor AL-Sulaiti’s Post

The Algerian Maritime & Ports Delegation Visit to Mwani Qatar: Exploring Potential Cooperation The recent visit of the Algerian Maritime & Ports delegation to Mwani Qatar signifies a step forward in strengthening maritime ties between Algeria and Qatar. The purpose of the visit was to explore areas of mutual interest and discuss potential collaboration in the ports and maritime sectors. Both countries recognize the strategic importance of their port infrastructure to regional and international trade and are seeking ways to enhance connectivity, efficiency, and sustainability in their operations.

 🚀Major Trade Milestone between Turkiye and GCC!🚀 We are excited to announce that the first round of negotiations for the Free Trade Agreement (FTA) between the Gulf Cooperation Council (GCC) and Türkiye is set to kick off in Ankara from July 29-31! 🌍🤝 This historic agreement, initiated in March, promises to reshape economic relations and create robust business opportunities across the GCC nations: Saudi Arabia, UAE, Qatar, Kuwait, Oman, and Bahrain. With nine Saudi governmental entities involved, the negotiations signal a serious commitment to expanding trade and investment. - 🌟 Access New Markets: Tap into the thriving GCC market with fewer trade barriers. - 📈 Unlock Business Potential: Benefit from streamlined processes and enhanced regional cooperation. - 🌐 Fuel Economic Growth: Leverage opportunities in diverse sectors, from manufacturing to technology. Türkiye’s strengthened ties with Gulf nations, including significant multi-billion-dollar deals with Qatar, underscore the potential for transformative economic benefits. Stay tuned for updates as these pivotal discussions progress. Don’t miss out on this exciting opportunity to be part of a groundbreaking economic partnership! #Trade #Investment #EconomicGrowth #FreeTradeAgreement #GCC #Türkiye #BusinessOpportunities #GlobalMarketplace https://lnkd.in/daTRQ369

🇸🇦🇹🇷Saudi Arabia and Turkiye have taken a significant step in advancing their commercial relationship, signing 10 cooperation agreements during the Saudi-Turkish Business Forum in Istanbul. These strategic agreements span critical sectors like agriculture, food, tourism, technology, infrastructure, and advanced manufacturing, laying the foundation for deeper economic collaboration. 🔷Key highlights: 🔹Over 450 companies and government agencies attended, exploring joint ventures and investment opportunities. 🔹Bilateral trade reached SR25.4 billion ($6.76 billion) in 2023, a 15.5% increase, with a target to grow to $30 billion in the medium term. 🔹Saudi investments in Turkiye now total SR18 billion, while 390 Turkish companies are actively investing in the Saudi market. Turkish Trade Minister Omer Bolat and Saudi Commerce Minister Majid Al-Qasabi underscored the strategic importance of this partnership, with a shared vision to boost trade volume and create mutual opportunities under Saudi Vision 2030. This collaboration showcases the growing synergy between Saudi and Turkish businesses, supporting diverse projects in sectors like tourism, healthcare, and technology. #SaudiArabia #Turkiye #Trade #Investment #SaudiVision2030 #Business #EconomicPartnerships

Maritime Transport Sector (MTS) – #Alenxandria – #Egypt Maritime Transport Sector (MTS). Egypt is a maritime country that has a remarkable geographical location on the junction of three continents and has coasts up to 2000km on the Mediterranean and the Red Sea which allowed its connection with the foreign world since ancient ages. Moreover a vital artery – Suez Canal- passes through its land linking the East to the West which is Suez Canal . The foreign seaborne trade volume of Egypt represents about 90% of the Egyptian foreign trade volume. Since the maritime transport process became a complicated industry it was indispensable to develop this industry through a well-defined strategic goal. The effective contribution in the Egyptian national economy and the Egyptian foreign trade through creating efficient cadres capable of influencing the decision makers in the field of maritime transport on the international level. https://lnkd.in/dUB9UUZM #GovernmentDepartment

Indonesia's Minister of Trade launched the negotiation of Indonesia - Gulf Cooperation Council (GCC) Free Trade Agreement with the Secretary General of GCC this afternoon (31/07) at the Trade Ministry Office in Jakarta. This cooperation is believed to accelerate trade between both parties. Some areas was encouraged by the Minister Zulkifli Hassan, including trade in goods and services, custom, syaria economic, SME, mining, IPR, economic cooperation, and removal of trade barriers. So, it's going to be another international negotiation to deal with. We'll see how we can manouver. For information, the Gulf Cooperation Council (GCC) was formed on May 25, 1981 in Abu Dhabi, United Arab Emirates (PEA) by 6 (six) countries, namely the United Arab Emirates (UAE), Bahrain, Saudi Arabia, Oman, Qatar and Kuwait. The GCC Secretariat is based in Riyadh, Saudi Arabia. GCC members consist of the UAE, Bahrain, Saudi Arabia, Oman, Qatar and Kuwait. The GCC does not have formal dialogue partners. GCC partnerships with other countries/organizations are conducted in bilateral or regional cooperation.

50-70% of Karachi Port and Port Qasim earnings goes to Pakistan ex-chequre. The agreement with China on Gwader port is that 91% profits of Gwader port earning will go to China and only 9% will go to Pakistan.

Saudi Ports Authority "Mawani" Collaborates with Port of Marseille Fos to Foster International Trade Shipping Arabia, June 5, 2024 — In a strategic move to strengthen international maritime collaboration, the Saudi Ports Authority "Mawani" has signed a memorandum of understanding (MoU) with the Port of Marseille Fos. The agreement, inked during the VISION GOLFE 2024 event in Paris, focuses on several critical areas including digital transformation towards smart ports, environmental sustainability, and the advancement of green port initiatives. The MoU was signed by Omar Hariri, President of Mawani, and Hervé Martel, CEO of the Port of Marseille Fos, under the observance of Fahad Alruwaili, the Saudi Ambassador to France, and Laurent Saint-Martin, CEO of Business France. This collaboration is part of a broader effort to enhance economic ties and foster innovation between the two nations, supporting the National Transport and Logistics Strategy (NTLS) aimed at establishing Saudi Arabia as a pivotal logistics hub across three continents. The signing took place at the French Ministry of Economy, Finance, Industrial Sovereignty, and Digital Affairs, with the patronage of President Emmanuel Macron. This event underscored the importance of international cooperation in trade and digital advancements in port management. Abdullah AlMunif, Vice President of Commercial Business at Mawani, participated in a panel discussion on "The Future of Infrastructure" at the forum. He highlighted ongoing developments and investment opportunities within Saudi ports, which are integral to the Kingdom's vision for its maritime sector. VISION GOLFE 2024 serves as a major annual economic and commercial platform aimed at enhancing trade relations between France and the Gulf Cooperation Council (GCC) countries, drawing participation from key global leaders and decision-makers in the public and private sectors. The Port of Marseille Fos, recognized as one of France's largest ports, plays a crucial role in this international trade framework, facilitating numerous global trade operations. Source: Saudi Ports Authority "Mawani" #SaudiArabia #France #Mawani #Maritime #MarseilleFos #GlobalTrade

KENYA SHIPS AGENTS ASSOCIATION engaged in a fruitful discussion with the Director General Engineer- Dzombo Munga of the Kenya Maritime Authority and their team. The meeting focused on aligning industry realities with best maritime practices, discussing policy investments that support trade, and identifying areas for improvement to foster the growth of the region and business at large. The Director General emphasized the critical role that ocean carriers play in global trade, noting that vessel-related and cargo-related charges contribute to over 95% of port revenue worldwide. #maritime KSAA is committed to putting Kenya on the global map in the maritime sector by attracting best practices, upholding ethical standards, and promoting economic drivers that enhance global trade. We appreciate Kenya Maritime Authority for their steadfast efforts in facilitating such forums, which are vital for ensuring the continued success and sustainability of the maritime industry.

❓ [DID YOU KNOW] Bustling maritime trade 🚢  💡Due to its geographical location Morocco plays a major role in the global supply chain. It is connected to several countries through maritime routes, and about 95% of its foreign trade is done by sea. ⚓ In its “Port Strategy 2030”, Morocco introduces plans to further develop its maritime infrastructure of 15 ports, to become a leading maritime trading nation. #AHKMarokko #PartnerinMorocco #PartnerforSuccess

KENYA SHIPS AGENTS ASSOCIATION engaged in a fruitful discussion with the Director General Engineer- Dzombo Munga of the Kenya Maritime Authority and their team. The meeting focused on aligning industry realities with best maritime practices, discussing policy investments that support trade, and identifying areas for improvement to foster the growth of the region and business at large. The Director General emphasized the critical role that ocean carriers play in global trade, noting that vessel-related and cargo-related charges contribute to over 95% of port revenue worldwide. #maritime KSAA is committed to putting Kenya on the global map in the maritime sector by attracting best practices, upholding ethical standards, and promoting economic drivers that enhance global trade. We appreciate KENYA MARITIME AUTHORITY for their steadfast efforts in facilitating such forums, which are vital for ensuring the continued success and sustainability of the maritime industry.