The Ministry of Economy of the Government of National Unity announced the signing of a memorandum of understanding between the Chamber of Commerce, Industry and Agriculture – Hilal Al-Asima and the Sfax Chamber of Commerce and Industry. The goal is to strengthen economic cooperation and expand opportunities for private-sector investment partnerships.
The agreement was signed by representatives from both sides. The memorandum aims to enhance the exchange of expertise and organize joint initiatives among business leaders.
Following the signing, a meeting was held with business representatives to explore partnership opportunities. The delegation also visited That Al-Imad Company for Iron and Steel to review its capabilities and discuss potential areas of cooperation.
Ministry of Economy
The Ministry of Economy is a government department responsible for formulating and implementing national economic policy. Its history is tied to the modern development of the state it serves, typically evolving from earlier finance or trade offices to address broader economic planning, industry, and commerce.
Government of National Unity
The Government of National Unity (GNU) is a term most notably associated with the post-apartheid transitional government in South Africa, formed in 1994 following the country’s first multiracial elections. It was a coalition government led by Nelson Mandela’s African National Congress (ANC) and included other major parties like the National Party and the Inkatha Freedom Party, aimed at fostering reconciliation and stability during the transition to majority rule.
Chamber of Commerce, Industry and Agriculture – Hilal Al-Asima
The Chamber of Commerce, Industry and Agriculture – Hilal Al-Asima is a key economic institution in Kuwait, established to represent and support the private sector in the capital region. Its history is tied to Kuwait’s modern economic development, serving as a central body for business advocacy, trade facilitation, and industrial growth since its founding.
Sfax Chamber of Commerce and Industry
The Sfax Chamber of Commerce and Industry is a key economic institution in Tunisia, founded in 1895 during the French protectorate. It was established to organize and promote the commercial and industrial activities of the Sfax region, which has long been a major hub for olive oil production and trade.
That Al-Imad Company for Iron and Steel
That Al-Imad Company for Iron and Steel is a major industrial firm based in Yemen, primarily involved in the production and trade of iron and steel products. It was established to support infrastructure development and construction within the country, playing a significant role in Yemen’s industrial and economic sectors.
