logo
#

Latest news with #ArabEconomicandSocialCouncil

Qatar joins Arab meet on financial reforms
Qatar joins Arab meet on financial reforms

Qatar Tribune

time13-07-2025

  • Business
  • Qatar Tribune

Qatar joins Arab meet on financial reforms

QNA Cairo State of Qatar participated in the 34th regular session of the Committee on Coordination and Follow-up of Arab Organizations, which convened on Sunday at the General Secretariat of the League of Arab States in Cairo. Qatar was represented by a delegation from its Permanent Mission to the League of Arab States, headed by First Secretary at the Mission, Dr Issa SalemAl Kuwari. Over the course of five days, the meetings will address various administrative, financial, organisational, and structural issues related to specialised Arab organisations. The outcomes will be submitted to the 116th regular session of the Arab Economic and Social Council, scheduled to take place from August 31 to September 3. The committee will also review reports and recommendations from the Technical Committee on the Unified Basic Regulations, based on its two sessions held in November 2024 and June 2025. In this context, Director of the Department of Arab Organizations and Federations (Technical Secretariat of the Committee), Dr Raed Al Jubouri, explained that the committee convenes annually to discuss reports from financial oversight bodies and heads of internal audit units of specialised Arab organisations. It also reviews final accounts, external audit reports, periodic reports on the scheduling of member states' arrears to the budgets of Arab organisations, reports from the Arab Monetary Fund, and updates on the participation of the General Secretariat in legislative and executive meetings of the specialisedorganisations. He noted that two technical committees were formed under the committee's umbrella: one focused on unifying the basic regulations of specialized Arab organisations, which developed and updated a unified basic system later approved by the Arab Economic and Social Council, and the other on unifying financial and accounting systems, which likewise received Council approval. Al Jubouri highlighted that over the past seven years, the Committee on Coordination and Follow-up and its subcommittees worked on preparing the foundational systems for self-financed Arab organizations, all of which have been formally adopted by the Arab Economic and Social Council.

Arab coordination committee holds 34th regular session
Arab coordination committee holds 34th regular session

Kuwait Times

time13-07-2025

  • Business
  • Kuwait Times

Arab coordination committee holds 34th regular session

Meetings of the Committee of Organizations for Coordination and Follow-up, emanating from the Arab Economic and Social Council. – KUNA photos KUWAIT: The 34th regular session of the Arab League's Committee for Coordination and Follow-up of Organizations, under the umbrella of the Arab Economic and Social Council, commenced Sunday with participation from representatives of member states' ministries of finance, economy, and trade, in addition to specialized Arab organizations. In his opening remarks, Director of the Arab Organizations and Federations Department and Technical Secretary of the Committee, Dr Raed Al-Jubouri, stated that the five-day session will focus on administrative, financial, organizational and structural matters concerning specialized Arab organizations. The outcomes of the discussions will be submitted to the Economic and Social Council during its 116th regular session, scheduled for August 31 to September 3, 2025. Dr Al-Jubouri noted that the committee, a technical body operating under the Economic and Social Council, was established in line with the Council's mandate and decisions — particularly the resolution issued during the extraordinary session held on July 6, 1988 — affirming the Council's central role in overseeing and coordinating the work of Arab organizations. He added that the committee convenes annually to review key reports, including those of financial oversight bodies, internal audit heads of specialized Arab organizations, final account statements and reports from external auditors. The agenda also includes periodic reports on member states' arrears to the budgets of Arab organizations, updates from the Arab Monetary Fund, and the General Secretariat's participation in meetings of legislative and executive bodies of these organizations. Kuwait is taking part in the session with a delegation from the Ministry of Finance. — KUNA

Around 27, the most prominent items of the Arab Economic and Social Council meeting
Around 27, the most prominent items of the Arab Economic and Social Council meeting

Iraqi News

time13-05-2025

  • Business
  • Iraqi News

Around 27, the most prominent items of the Arab Economic and Social Council meeting

The Ministry of Trade revealed the most prominent items on the agenda of the Arab Economic and Social Council's preparatory meeting for the development summit on Tuesday, noting that the total number of items reached 27. The Arab Economic and Social Council held its ministerial meeting, discussing the summit agenda, which included 27 items covering a range of economic, social, and developmental issues that are a priority for joint Arab action, according to a statement by the Ministry - received by the Iraqi News Agency - INA. The statement included the most prominent items of the meeting as follows: 1. Strengthening Arab economic integration: Focus was placed on completing the Greater Arab Free Trade Area project and enhancing electricity and transportation interconnection projects between Arab countries. 2. Food and water security: The meeting discussed initiatives to achieve food and water security in the region, including support for sustainable agriculture and the development of water resources. 3. The Arab Artificial Intelligence Initiative: The Secretary-General of the League of Arab States' initiative, the Arab Artificial Intelligence Initiative Towards Technological Leadership and Sustainable Development, was reviewed. It aims to promote the use of modern technologies in development. 4. Support and Shelter for IDPs from the Palestinian Territories: The meeting discussed the project to support and shelter displaced families from the Palestinian territories and to counter attempts to displace the Palestinian people from their land. 5. Empowering Youth and Women: The issues of empowering youth and women, developing technical education, digital transformation, and building cyber capabilities were discussed, with an emphasis on protecting Arab cultural heritage. 6. Issuing the "Baghdad Declaration". The summit is scheduled to conclude with the issuance of the "Baghdad Declaration," which is expected to embody the unified Arab position on the political, economic, and security issues on the agenda.

Iraq takes helm of Arab Economic Council ahead of Baghdad Summit
Iraq takes helm of Arab Economic Council ahead of Baghdad Summit

Shafaq News

time13-05-2025

  • Business
  • Shafaq News

Iraq takes helm of Arab Economic Council ahead of Baghdad Summit

Shafaq News / Iraq officially assumed the presidency of the Arab Economic and Social Council on Tuesday, as regional ministers gathered in Baghdad in preparation for the upcoming Arab League summit. The ministerial session opened with remarks by Lebanon's Minister of Economy and Trade, Amir Bsat, who chaired the Council's previous term. Bsat formally handed over the presidency to Iraq through Minister of Trade, Atheer Dawood Salman. Arab League Secretary-General Ahmed Aboul Gheit also addressed the session, stressing the urgency of a unified Arab economic strategy amid accelerating global and regional shifts. "With genuine partnership and integration, Arab nations can shape a stronger future and achieve sustainable prosperity," he said. Aboul Gheit added that the forthcoming summit will focus on pressing economic and developmental challenges, highlighting the critical role of enhanced regional cooperation in navigating the evolving international landscape.

The Preparatory Meeting of Arab Economic and Social Council Convenes
The Preparatory Meeting of Arab Economic and Social Council Convenes

Iraqi News

time13-05-2025

  • Business
  • Iraqi News

The Preparatory Meeting of Arab Economic and Social Council Convenes

Baghdad-INA The Arab Economic and Social Council at the ministerial level convened today, Tuesday, a preparatory meeting for the Fifth Session of the Arab Development, Economic, and Social Summit in Baghdad. The correspondent of the Iraqi News Agency-INA said 'The meeting is being held at the ministerial level of participating countries in preparation for the Fifth Session of the Arab Development Summit in Baghdad'. The proceedings of the opening session include an address by the Minister of Economy and Trade of the Lebanese Republic, Amer Bisat, representing the presidency of the previous session of the Development Organization; an address by the Minister of Trade, Atheer Dawood Salman, representing the presidency of the current summit session; and an address by the Secretary-General of the League of Arab States, Ahmed Aboul Gheit. The closed working session will include the adoption of the draft agenda for the Development Summit, discussion of its items, followed by a luncheon session and then the closed concluding session, which will include the adoption of draft resolutions. It is noteworthy that the Economic and Social Council at the level of senior officials, which held its session on Monday, approved a set of recommendations that were submitted to today's ministerial preparatory meeting, in preparation for the Development Summit scheduled to be held on May 17.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store