Riyadh, February 2, 2025 – Dr. Fahad Al-Shathri, Chief Executive Officer of the General Authority for Competition (GAC) and President of the Arab Competition Network (ACN), is leading the Saudi delegation at the 4th Conference of the Arab Competition Network, taking place from February 2 to 3 in Kuwait. This significant event gathers experts, policymakers, and competition authorities from across the Arab world to discuss vital issues surrounding competition policies, laws, and enforcement strategies within the region.
The conference’s central theme revolves around strengthening and promoting competitive practices within Arab economies. With competition playing a pivotal role in fostering economic growth, supporting national industries, and improving the business environment, the event provides a valuable platform for the exchange of ideas, experiences, and best practices between Arab nations. Through this collaborative approach, participants aim to tackle shared challenges and identify opportunities for regional cooperation in enhancing competition standards.
During the two-day event, discussions are set to cover a wide range of critical topics, including the economic impact of competition policies on Arab countries and the role of penalties in enforcing competition laws. One of the key areas of focus will be addressing monopolistic practices and the regional efforts required to combat them. Additionally, experts will examine the implications of mergers and acquisitions on market competition and investment, highlighting the need for robust regulatory frameworks to ensure fair and healthy competition in the Arab world.
As the President of the ACN, Dr. Al-Shathri’s leadership continues to shape the direction of regional cooperation, and the conference serves as an essential opportunity for competition authorities to share their latest research, initiatives, and policy insights. This event underscores the Arab countries' collective commitment to creating an equitable and dynamic business environment that nurtures innovation, protects consumers, and drives sustainable economic development across the region.