Dubai Chamber forays into Africa
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Dubai Chamber recently inaugurated its new representative office in Addis Ababa. The new initiative is part of their efforts to expand globally and to promote Dubai as an international business hub. The office was opened by HE Hamad Buamim, director general, Dubai Chamber of Commerce and Industry.
The office is in line with the new strategy of exploring untapped markets, especially under the directives of HH Sheikh Mohammed bin Rashid Al Maktoum, UAE vice-president and prime minister and ruler of Dubai, which emphasise on enhancing bilateral ties with African countries.
The inauguration ceremony was attended by HE Yakob Yala, Ethiopian minister of state for trade, HE Dr Yousif Al Sabri, UAE ambassador to Ethiopia, and Amb Tekleab Aregawi and head of Dubai Chamber Representative Office in Ethiopia among others.
This new office will open up a gate of opportunities for Dubai businesses and their competitiveness to reach out to the entire African continent while facilitating Ethiopian businesses to use Dubai as a gateway for Ethiopian exports in the GCC and the Middle East region, South East Asia and Europe.
Highlighting mutual areas of interest, director general of Dubai Chamber added that Dubai investors will benefit from investing in Ethiopia’s hospitality, tourism, agriculture, telecom and construction, sectors while the Ethiopian businesses will get all information. It will also lead to a strong two-way trade between Dubai businesses and their Ethiopian counterparts.