King gives green light for key economic conference

Custodian of the Two Holy Mosques King Abdullah has granted permission to the Council of Saudi Chambers (CSC) to host a conference on Middle East economies and the role of the private sector in Riyadh on Dec. 3, the organization announced on Wednesday.
“The conference, considered the first and largest of its kind in the region, will be held under the patronage of Finance Minister Ibrahim Al-Assaf,” CSC President Abdullah Al-Mobty said. He added that the CSC would organize the conference in cooperation with the International Monetary Fund (IMF) and would oversee the participation of a range of local, regional and international economists who are specialized in regional and global economy.
Al-Mobty said that with hosting such an event, the Kingdom reflects its vital role in the world economy. He noted that the role of the Kingdom was significant in the development of the global economy given its pivotal role on the global scene. “We are thankful to Custodian of the Two Holy Mosques King Abdullah for graciously giving the green light to hold the conference in the capital of Riyadh,” he noted. The Ministry of Finance’s cooperation to hold the event indicated its interest in a strategic partnership between public and private sector entities in the Kingdom, Al-Mobty said.