The GCC Chambers' Federation and the Islamic Centre for Development of Trade have signed a memorandum of understanding (MoU) for the development of mutual interests and integration of GCC and Islamic economies, according to Bahrain News Agency.
The agreement was signed by Abdulrahim Hassan Naqi, GCC Chambers Federation's Secretary-General, and Dr. El Hassane Hzaine, Islamic Centre's Director-General.
The accord will boost the GCC's economic position in the Islamic world.