Saudi Arabia now holds the presidency of the Union of Arab Chambers for the new term, taking over from Tunisia under the union’s alphabetical rotation among Arab countries. The Kingdom is represented by Abdullah Saleh Kamel, President of the Federation of Saudi Chambers and Chairman of the Islamic Chamber of Commerce and Development.

The presidency coincides with the start of the union’s 2026–2030 strategy, which seeks wider Arab economic integration by encouraging investment and joint production, connecting capital with opportunities, developing value chains, empowering small and medium-sized enterprises and giving the private sector a bigger say in Arab economic priorities.

The coming phase will focus on joint Arab investment, productive integration, food and industrial security and digital transformation, and on drawing Arab businesses further into regional and global value chains.

It also comes as Saudi Vision 2030 enters its third phase for 2026–2030, centered on faster implementation and greater impact, backed by continued government capital spending and a larger role for the Public Investment Fund (PIF) and the National Development Fund (NDF) in driving domestic investment, which provides favorable conditions for wider investment and production partnerships.