Saudi Press

Saudi Arabia and the world
Saturday, Jul 27, 2024

Saudi Arabia to host Arab Competition Forum in Riyadh

Saudi Arabia to host Arab Competition Forum in Riyadh

Saudi Arabia will host the fourth Arab Competition Forum, organized by the UN Economic and Social Commission for Western Asia, the UN Conference on Trade and Development, and the Organization for Economic Co-operation and Development.
The General Authority for Competition said that Saudi Arabia’s hosting of this forum emanates from its pioneering role in organizing events and forums aimed at upgrading the level of cooperation with other Arab countries to enhance fair competition in the markets, raising the level of consumer welfare in Arab countries, and stimulating enterprises to develop and innovate.

The event will take place from May 23–24 with the involvement of other competition agencies from fellow Arab countries and more than 15 experts and representatives from international agencies and organizations involved in the competition.

The authority said the forum is an opportunity to learn from regional and global experiences and to share best practices in safeguarding competition and combating monopolistic practices.

It focuses on discussing mergers and acquisitions, as well as enhancing the effectiveness of competition authorities in developing countries.

It also examines best practices for planning and conducting market studies as well as concerns arising from abuse of dominance in digital markets.

The forum was first launched in 2020 and aimed at establishing a continual knowledge-sharing platform on competition policy and enforcement for Arab stakeholders.

It advances advocacy and knowledge, builds capacity on best practices in competition across the Arab region, and facilitates coordination and collaboration at the national, regional and international levels.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Heatwave in Morocco Claims 21 Lives in Beni Mellal
Israel Warns France of Iranian Threats at Paris Olympics
Hamas and Fatah Sign Unity Pact Amid Gaza Conflict
Miracle Baby Born After Gaza Airstrike
Netanyahu Urges Unity Between US and Israel in Congress Speech
Netanyahu Criticizes Anti-Israel Protesters in US
World's Hottest Day Recorded on July 21
Sri Lanka Apologizes for Forced Cremation of Muslim Covid Victims
President Biden Returns to White House After Testing COVID Negative
Trump Says Kamala Harris Would Be Easier Election Opponent Than Biden
4.7 Magnitude Earthquake Strikes Northwestern Turkey
Hacking Vulnerabilities: Androids vs. iPhones
Israel Conducts First Direct Air Raid on Yemen's Hodeidah Port
Joe Biden Withdraws from 2024 US Presidential Race
A Week of Turmoil: Key Moments in US Politics
Elon Musk's Companies Drop CrowdStrike After Global Windows 10 Outage
US Criticizes International Court's Opinion on Israeli Occupation
Netanyahu Denounces World Court Ruling on Israeli Occupation
Adidas Drops Bella Hadid Over Controversy
Massive Flight Cancellations Across the U.S. Due to Microsoft Outage
Russia Accuses Ukraine of Using Chemical Weapons
Ursula von der Leyen Wins Second Term as European Commission President
Japan to Allocate $3.3 Billion to Ukraine Using Frozen Russian Assets
Google and Microsoft Now Consume More Power Than Several Large Countries
Increased Security for Trump After Assassination Threat
New AI Chipset Set to Revolutionize ChatGPT
Thai-Saudi Investment Roadshow Yields 100 Partnerships
Trump Media Shares Surge Following Re-Election Bid Boost
Russia's Electronic Warfare Neutralizes Western Weapons in Ukraine
Trump Challenges Biden to Debate and Golf Match
Macron Accuses Israeli Minister of Election Interference
US Senator Highlights Weaknesses in Western Military Industry During Ukraine Conflict
George Clooney Urges Biden to Withdraw from Presidential Race
Political Shift in the UK: A Detailed Analysis of Labour's Victory and Future Prospects
Viktor Orbán's Peace Mission: A Diplomatic Controversy in the EU
UAE Court Sentences 43 to Life Imprisonment Over Terrorist Links
Spain PM Pedro Sanchez Denounces Double Standards on Gaza at NATO Summit
Biden Affirms Commitment To Presidential Race
Putin Hosts PM Modi for a Private Meeting
2024 Predicted to Be World's Hottest Year
Iran's President-Elect Masoud Pezeshkian Reiterates Support for Hezbollah
Biden Insists on Continuing Presidential Race Amid Criticism
Macron Faces New Political Challenges Despite Election Relief
US Officials Resign Over Biden's Gaza Policy
Campaigners Push for Emergency Uplift Visa for Palestinians Escaping Gaza Conflict
Netanyahu Criticizes Release of Gaza Hospital Head
UK Government and British Airways Sued Over 1990 Kuwait Hostage Incident
Afghan Women's Rights Declared Internal Issue by Taliban
UK Appeals to ICC May Delay Arrest Warrants for Israeli Leaders
ZATCA Allows Non-citizens to Participate in Auctions
×