Triparty Manafea deal to transform Makkah & Madinah into business hub

By Arya M Nair, Official Reporter
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Manafea deal for Makkah Madinah business hub
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The Chamber of Commerce of Makkah, the Chamber of Commerce of Madinah and the Islamic Chamber of Commerce, Industry and Agriculture (ICCIA) have signed a “Manafea” agreement, which aims to transform Makkah and Madinah into a hub of attraction for financial and business activities in the Islamic world.

The signing ceremony of the Manafea agreement was held under the patronage of the Minister of Commerce, Dr. Majid bin Abdullah Al-Qasabi, and in the presence of Mr. Abdullah Saleh Kamel, the Chairman of the Board of Directors of Makkah Chamber and Chairman of the Board of Directors of the Islamic Chamber, and Mr. Munir Mohammed Nasser bin Saad, the Chairman of the Board of Directors of Madinah Chamber, and representatives from Islamic countries.

Majid Bin Abdullah Al Qasabi_Saudi Chambers Manafea deal
Majid Bin Abdullah Al Qasabi
Minister of Commerce
Saudi Arabia

“There is no doubt that the two holy cities have a special status in the heart of every Muslim, and we look forward to the tripartite partnership as a catalyst for motivation and carry out qualitative initiatives to develop the performance of the chambers of commerce and contribute to the development of our commercial and economic communication.”

The Minister of Commerce praised the business community in the two cities of Makkah and Madinah for the development of trade and service to the pilgrims, Umrah performers and visitors of the Two Holy Mosques throughout history.

Dr. Al-Qasabi expressed his happiness about the tripartite partnership of Manafea agreement with its qualitative initiatives through 9 tracks including the Global Halal Forum and the Makkah Global Entrepreneurship Forum, in addition to holding 5 dialogues with business leaders around the world, and other distinguished initiatives.

Related: Dubai Chamber unveils new Fintech & Payments Business Group

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