Talal Abu-Ghazaleh Global Signs MoU With the Arab Businessmen Forum in China

Talal Abu-Ghazaleh Global (TAG.Global) and the Arab Businessmen Forum (ABF) in China signed a Memorandum of Understanding (MoU) for cooperation in various fields including innovation and Artificial Intelligence.

The two parties agreed on setting up a team to discuss ways of utilizing the potential of the Forum and the professional services and activities offered by TAG.Global’s companies, either through its offices in China or its offices around the world.

HE Dr. Talal Abu-Ghazaleh highlighted the depth of the relationship between TAG.Global and the People's Republic of China, which resulted in cooperation in many fields, and most notably TAG.Global being the only authorized party in Jordan handling Chinese visa applications and issues visas under the supervision and with the approval of the Chinese authorities. Tag-Global is also accredited to teach Chinese language in Jordan through TAG-Confucius.

Dr. Abu-Ghazaleh welcomed signing the memorandum of understanding with the Forum as it realizes his personal vision of supporting Arab-Chinese relations, which he has been enhancing for years.

It is worth mentioning that the Chinese President, His Excellency Xi Jinping, has honored Dr. Talal Abu-Ghazaleh in person for his outstanding contributions in promoting Arab-China relations and his role in strengthening relations between China and the Arab countries in the fields of culture, education and economy through TAG.Global’s three offices in Beijing, Shanghai, and Hong Kong.

For his part Forum member Mr. Nader Shahrouri, stated that ABF, the largest Arab economic grouping in China, was established with the aim of coordinating and developing relations between China and the Arab countries towards integration and cooperation according to principles of joint interests and mutual benefit to promote the development of the economies of the Arab world through the transfer of technology and making the optimal use of the Chinese Model of Development.

The MoU aims at enhancing cooperation between the two parties in the education, training and qualification programs related to the Internet of Things, Artificial Intelligence, Innovation, and invention with the support of Talal Abu-Ghazaleh University College for Innovation. Furthermore, the memorandum of understanding stipulates the creation of databases for companies and clients, whether they were Chinese or Arabs, in addition to evaluating these companies and their service level and providing legal services to companies wishing to invest in China or in the rest of the world.

According to the memorandum of understanding, cooperation shall also include establishing a regional representative office for the Forum at TAG.Global in order to provide services and consultation, and there shall be a link between the forum website and TAG.Global website (Chinese services), in addition to marketing investments in several countries through the issuance of marketing guides related to that matter.

The memorandum of understanding included promoting intellectual property rights and patent protection services of Chinese companies through the Forum's network and the adoption of business transfer incentive system if the forum or one of its members transfers clients to Talal Abu-Ghazaleh Global (TAG.Global) and vice versa.