Chairman of the Competition Authority: Saudi economy is seeing rapid progress as a result of reforms

by ADeeL

Dr. Fahd bin Ibrahim Al-Shathri, CEO of the General Authority for Competitiveness, said the Saudi economy is seeing rapid progress as a result of reforms in the business environment to achieve Saudi Vision 2030.

As part of the work of the International Conference on Competitiveness organized by the Organization for Economic Co-operation and Development (OECD), Al-Shatri expressed his keenness to increase the level of coordination and cooperation with international bodies and organizations to exchange experiences and learn. Emphasized on. Regarding best international practices in competition related areas.

He said the Kingdom has taken serious and rapid steps to reform competition law and laws to increase the efficiency of markets.

He continued: “Through our Chairmanship of the Arab Competition Network, we are working with Network members to exchange experiences and raise the level of maturity in the Arab region to enhance fair competition in markets. “

He pointed to the introduction of several awards in competitive areas that encourage the academic community and organizations to undertake research and development at the regional level.

You may also like

Leave a Comment