Shamali talks Arab industrial integration at World Government Summit in Dubai

Shamali talks Arab industrial integration at World Government Summit in Dubai

AMMAN — Minister of Industry, Trade and Supply and Minister of Labour Yousef Shamali on Tuesday emphasised the importance of achieving Arab industrial integration in multiple fields in order to help countries in the region face various challenges. 

Shamali’s, addressing a panel session over the sustainability of the industrial sector at the World Government Summit in Dubai, discussed the localisation of industries and international cooperation, and noted that Arab industries are mostly focused on oil and minerals extraction, as well as consumable goods, such as food and clothing. 

The transformational industrial sector in Arab countries accounts for only 13 per cent of the GDP on average, compared to a global average of 15.4 and an 18 per cent average in medium-income countries, he said.