Alsorayai Group Signs Gold Sponsorship of the 13th Gulf Industrialists’ Conference
Focus on Knowledge-based Industries and New Technologies
10 July 2011

Alsorayai Group signed a deal for the gold sponsorship of the 13th Gulf Industrialists’ Conference and Exhibition, which will be organized by the Gulf Organization for Industrial Consulting (GOIC) in Riyadh on Jan 17-19, 2012. The conference is entitled “Knowledge-based Industries and New Technologies”.
Abdulaziz Nasser Alsorayai, Chairman of Alsorayai Group, stated that his company’s sponsorship of the 13th Gulf Industrialists’ Conference is an extension of its activities and interest in view of its leading role in the Gulf economy, and the importance of this periodical event that is awaited every two years by all major industrial and economic bodies.
Alsorayai Group is one of the largest economic groups and is ranked among the top hundred companies of Saudi Arabia. The company started operations in 1953, after which it expanded and launched the first carpets and rugs factory in 1985. At present, the company has three carpets and rugs factories. Alsorayai Group is synonymous with quality, luxury and distinction. The company is gaining much fame and prestige by the day and is exporting to over 65 countries.
Alsorayai Group specializes in wholesale and retail sale of carpets and rugs, flooring, furniture, blankets, curtain fabrics and accessories, and manufacturing of carpet and industrial yarns, production of polypropylene and nylon as well as other commercial services.
The composition of Alsorayai carpets and its other products is a closely guarded secret, the details of which have never been revealed except to the industry experts who are knowledgeable about its old industrial culture, as well as both old and new decoration or modern and bright colors and designs.
The 13th Gulf Industrialists' Conference is organized in cooperation with the Saudi Ministry of Commerce and Industry, Saudi Industrial Property Authority (MODON), Council of Saudi Chambers and Riyadh Chamber of Commerce and Industry (RCCI), as well as in coordination with the General Secretariat of the Cooperation Council for the Arab States of the Gulf (GCC) and the Federation of the Gulf Cooperation Council Chambers (FGCCC).
The conference aims to encourage member states towards the transformation to knowledge-based industries and highlights the basic requirements for its establishment and presents applications of knowledge-based industries suitable for these countries. It also aims to present successful business models on knowledge based industries in other countries, giving adequate opportunity for global industrial companies specialized in this area to showcase their products in the exhibition.
The conference will examine technical developments in knowledge-based industries and areas that can be applied in the GCC region. It will also highlight the role of biotechnology and nanotechnology in developing the downstream petrochemicals industry (advanced plastics), water desalination and electricity production, pharmaceutical and advanced materials in the GCC States. This is in addition to discussion of the elements of infrastructure such as legal and policy frameworks, procedures, researches and applications necessary for knowledge-based industries in these countries along with presentations on promising investment opportunities in this area.

Background of the Industrialists’ Conference:
The GCC Industrialists’ Conference, which is alternately hosted by the Gulf Cooperation Council (GCC) every two years, is one of the GOIC’s most important milestones since its inception in 1976. The conference, which started in 1985, in Doha, has immensely contributed to developing industry in the GCC countries at both public and private sector levels. Each conference addresses a particular case of the issues that affect the development of industry in the region through working papers submitted by international experts and specialists. The recommendations of previous conferences have contributed to developing industrial plans for the GCC countries, in particular with regard to the strategy of industrial development. The conference receives much attention from decision-makers and public officials in addition to a wide segment of businessmen and industrialists. An industrial exhibition will be held on the sidelines of the conference to showcase and introduce Gulf industries and achievements.