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Kanoo: Arab economies must innovate to face global challenges
Kanoo: Arab economies must innovate to face global challenges

Daily Tribune

time22-04-2025

  • Business
  • Daily Tribune

Kanoo: Arab economies must innovate to face global challenges

Vice Treasurer and Head of the Steering Committee of the Bahrain Chamber, Waleed Kanoo, has called on Arab economies to enhance their adaptability and resilience to meet the demands of a rapidly evolving global landscape. He stressed that transitioning from traditional economic models to more diverse and innovation-driven frameworks is no longer optional, but an urgent necessity. Speaking on behalf of Bahrain Chamber Chairman Sameer Nass during the second day of the 51st Arab Labor Conference, Kanoo referenced the outcomes of the 33rd Ordinary Session of the Arab League Summit held in Bahrain. He highlighted the summit's emphasis on joint Arab action to safeguard regional security and promote deeper cooperation and integration across sectors. In alignment with this vision, Kanoo reaffirmed the Bahrain Chamber's commitment to strengthening ties among Arab private sectors and fostering robust regional economic partnerships. He underlined the pivotal role of public-private collaboration in overcoming shared economic challenges and achieving sustainable growth. Kanoo also extended his congratulations to the Arab Labor Organization on its 60th anniversary, praising its efforts in promoting social justice, sustainable development, and balanced labor relations. He described the conference as a timely platform to boost coordination across the region and unify efforts to address critical economic issues—particularly those related to sustainable development and job creation.

Bahrain Chamber pushes labour reform at Arab conference
Bahrain Chamber pushes labour reform at Arab conference

Daily Tribune

time21-04-2025

  • Business
  • Daily Tribune

Bahrain Chamber pushes labour reform at Arab conference

Chairman of the Bahrain Chamber, Sameer Nass, led the Chamber's delegation at the opening session of the 51st Arab Labor Conference, currently underway with participation from member states across the region. Joining him were Waleed Kanoo, Vice-Treasurer of the Bahrain Chamber, and Board Member Sonya Janahi. The conference is addressing a range of pressing labour and development issues, including economic diversification as a driver of growth, the role of inclusive social policies in reducing poverty and advancing integration, and the significance of public-private partnerships. Challenges arising from digital transformation across Arab labour markets are also being discussed. Key agenda items include reviews of the Organization's constitutional and regulatory frameworks, with focus on trade union freedoms, women's labour affairs, and legal matters. The conference will also examine the Arab Entrepreneurship Strategy Project and oversee the formation of the Organization's governing bodies for the 2025–2027 term, including the Financial and Administrative Control Authority and other specialised committees.

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