First India-Arab World CEO Summit, led by Ministers H.E. Sheikha Lubna Al Qassimi and Kamal Nath to be held in Dubai on December 7

Published October 30th, 2006 - 07:17 GMT

Moutamarat and the Confederation of Indian Industry (CII) today announced that the first India-Arab World CEO Summit will take place in Dubai on December 7th, immediately following the Arab Strategy Forum 2006.

The India-Arab World CEO Summit will be held under the official patronage of H.E. Sheikha Lubna bint Khalid Al Qassimi, Minister of Economy of the UAE and H.E. Kamal Nath, India’s Minister for Commerce. The Summit, of which Dodsal is an Exclusive Partner, will engage CEOs from the Arab world and India once a year to evaluate the business opportunities between the regions. The CEO Summit of 2007 will be held in India.

One of the highlights of the CEO Summit will be the launch of the India-Arab CEO Guide, developed by Moutamarat and the India Brand Equity Foundation (IBEF), supporters of the Summit. It is the first in a series of such guides which will accompany each of the CEO Summits that Moutamarat will co-organize with business leaders of Brazil, Russia, India and China.
H.E. Minister Kamal Nath said: “There is a centuries-old relationship between India and the Arab world that extends beyond trade and culture. It is natural that we should seek to strengthen and build on the relationship that exists.”

H.E. Sheikha Lubna added: “With an infrastructure investment requirement of more than US$150 billion over 10 years and an investor-friendly policy environment, India offers excellent opportunity over the long term. The importance of the forthcoming CEO summit is that it also offers an opportunity to explore how we take forward a relationship that could have profound implications for both partners in the relationship.”

Moutamarat’s partnership with the Confederation of Indian Industry provides the most high-powered and intelligent platform to generate unique and essential business knowledge for the Arab world. The CEO Summits are engineered as the springboard for new business initiatives articulated around a program of annual region-to-region summits, beginning with India in December 2006, and China in 2007.

Khalid Al Malik the Senior Vice President of Industry and Knowledge, Tatweer and the CEO of Moutamarat said: “This new initiative targets the leading global emerging economies, or BRIC countries (Brazil, Russia, India and China). With their large populations and immense potential for growth, the BRIC countries have begun to attract substantial investment from the Arab world. Understanding how that relationship will develop and measuring its real impact on Arab business growth are our key objectives at Moutamarat.”

The BRIC Summits are designed for an exclusive group of CEOs. The programs, based on the content of the CEO Guides, are highly interactive and focus exclusively on the corporate agenda. Khalid Al Malik said: “The proximity of this event to the Arab Strategy Forum allows the CEOs to capitalize on their participation and get additional insight on business opportunities in India directly from the mouth of the Indian CEOs.”

Khalid Al Malik added: “We believe that these summits will facilitate, identify and discuss synergies and common challenges, build new business opportunities and partnerships and formulate concrete initiatives for bilateral investment and commercial links.”

The India-Arab World Business Summit, organized by Moutamarat and CII, will be held in Dubai from December 6th–7th, 2006.

Moutamarat is a Joint Venture between Tatweer LLC, a Dubai Holding Company, and Saudi Research and Publishing Company. It is a high profile pan-Arab business initiative seeking to create business knowledge for the Arab world. It develops unique knowledge agendas in partnership with leading regional and international corporations, experts and knowledge centers and unveils these agendas through a prestigious portfolio of conferences where it gathers the most relevant decision-makers.

Moutamarat’s research and initiatives are designed to inform the Arab decision-makers with real, contrasted and objective data and to effect a long-term impact on their decisions by involving them in a cumulative and incremental process of knowledge acquisition.

CII is a non-government, not-for-profit, industry led and industry managed organization, playing a proactive role in India’s development process. Founded over 111 years ago, it is India’s premier business association, with a direct membership of over 6000 organizations from the private as well as public sectors, including SMEs and MNCs and indirect membership of over 98,000 companies from around 342 national and regional sectoral associations.

India Brand Equity Foundation (IBEF) is an Indian organization that collects, collates and disseminates accurate, comprehensive and current information on India.


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