Saudi Arabia attends 57th GCC Industrial Cooperation Committee meeting in Manama
Saudi Arabia joined the 57th GCC Industrial Cooperation Committee meeting in Manama, where the Gulf Center for the Fourth Industrial Revolution was launched.
Key Takeaways
AISaudi Arabia participated in the 57th meeting of the Gulf Cooperation Council (GCC) Industrial Cooperation Committee, held in the Bahraini capital, Manama, under Bahrain's chairmanship.
The Saudi delegation was led by Sultan bin Khalid bin Faisal, CEO of the Saudi Industrial Development Fund, representing the Minister of Energy and Minister of Industry and Mineral Resources, Prince Abdulaziz bin Salman bin Abdulaziz.
The meeting saw the launch of the Gulf Center for the Fourth Industrial Revolution and its digital platform, aimed at advancing digital maturity in Gulf factories and supporting industrial transformation across the region.
Participants approved a new name for the Gulf Organization for Industrial Consulting and Development, aligning with its future vision and developmental roles. The meeting also agreed to extend the evaluation period for amended regulations on customs exemptions for industrial inputs until the end of 2027.
Strengthening regional industrial integration
The committee discussed several joint industrial issues among GCC countries, with the goal of supporting Gulf industrial integration and enhancing supply chain connectivity.
Additionally, the meeting welcomed the GCC General Secretariat's participation in the eighth China-Arab States Expo, scheduled for August 2027.