31 August 2016
· Will receive 51-member European delegation next week

· 6% growth in Dubai Chamber members' export destinations in H1 2016

· Meetings will discuss business opportunities in 10 different economic sectors

· Nasib: Bilateral meetings are essential steps for economic partnerships and agreements

Dubai, UAE: The Dubai Chamber of Commerce and Industry revealed that the leading business facilitator is coordinating over 100 bilateral meetings between EU businessmen from six European countries and their Dubai counterparts on the sidelines of their delegation visit to the emirate on Tuesday, August, 6 at the Chamber premises.

The European delegation, headed by Peter Bishop, Deputy Chief of London Chamber, includes over 51 business leaders and decision-makers from six European countries including UK, Belgium,

Greece, Hungary, Italy, and Lithuania, representing more than 10 economic sectors namely business services and consultancy, construction, education, fashion and design, food and beverages, healthcare, IT and ICT, renewable energy, oil and gas, tourism, travel and leisure transport.

Atiq Juma Nasib, Senior Vice-President, Commercial Services Sector, Dubai Chamber, stressed that the Chamber believes that an open dialogue is an essential step preceding economic and trade partnerships, adding that the large request for bilateral meetings are indicators of fruitful agreements that will benefit Dubai's private sector representatives.

Nasib said that Dubai Chamber is coordinating with its membership base of 193,000 from the targeted sectors to meet their European counterparts as part of the Chamber's efforts to enhance the competitiveness of Dubai businesses in the global marketplace.

He further stressed that Dubai traders have shown great maturity in dealing with the challenges of global economic slowdown by diversifying their export and re-export activities to 208 destinations worldwide during the first half of this year compared to 199 destinations during the same period last year, showing a growth of 6%.

The Senior Vice-President of Dubai Chamber Commercial Services Sector, highlighted the Chamber's commitment to stimulate dialogue with global businesses for the emirate's economic development and the importance of this meeting in creating joint investment opportunities which he said comes as a follow-up to last year's meeting in light of the foreign investors' interest in the various attractive economic sectors of the emirate.

-Ends-

About
Established in 1965, the Dubai Chamber of Commerce & Industry is a non-profit public entity, whose mission is to represent, support and protect the interests of the business community in Dubai by creating a favourable business environment, supporting the development of business, and by promoting Dubai as an international business hub.

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© Press Release 2016