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Dubai Chamber-organised trade mission to hold bilateral meetings in both Prague and Bratislava
Dubai - A Dubai Chamber of Commerce and Industry-organised trade mission leaves for the Czech capital of Prague at the beginning of a tour of both the Czech and Slovak Republics from April 20 to 24.
Led by H.E. Sultan Al Mansouri, UAE Minister of Economy, the trade mission includes H.E. Hamad Buamim, President and CEO, Dubai Chamber, and over 20 Chamber officials and business leaders. Its aim is to discuss investment opportunities with friendly countries, as well asto support national efforts to promote the competitiveness of UAE business community in general and Dubai in particular in the overseas markets.
Al Mansouri said: "We express our gratitudeto Dubai Chamber officials for theirefforts in organising this trade mission as the Ministry of Economy supports all outstanding national initiativestoenhancebilateral cooperation with various friendly countries in the world. This also contributes to attracting foreign direct investments to the UAE whilestrengthening the presence of local companies in emerging markets besides providing themunprecedented opportunities for expansion and growth in the global business arena.
"We enjoy very good friendly relations with the Czech and Slovak Republics and thistrade mission with its aim to strengthen economic cooperation is in line with the strong political relations enjoyed bythe three countries," said Al Mansouri.
He added, "Trade with the Czech Republic amounted to USD454.4 million in 2013, while with theSlovak Republic, it valued atUSD202 million in the same year. We expect these figures to improve in the near future by exploring mutual investment opportunities and throughstrengthening the presence of Czech and Slovakian products in the UAE markets and vice-versa."
The delegation also includes H.E. Mohammed Ahmed Bin Abdul Aziz Al Shehhi, Undersecretary for Economic Affairs, UAE Ministry of Economy, H.E.HumaidMohammad bin Salem, General-Secretary, UAE Federation of Chambers of Commerce and Industry, H.E. Jamal Al Hai,Chairman and Owner, Al Hai Group, H.E. Yahya Saeed bin Ahmed, CEO, S.S. Lootah Group, H.E. Mohammed Abdul Rahim Al Fahim,CEO, Paris Gallery, Abdullah Sharafi, President,Gerab National Enterprises, Ahmed bin Eisa Al Serkal, Vice Chairman, Nasser Bin Abdullatif Al Serkal Est., Ismail Akil Abbasi, Chairman, Abbasi Group of Companies, and Pavel Foubik, President, Czech Business Council, which operates under the umbrella of Dubai Chamber.
H.E. Hamad Buamim, President and CEO, Dubai Chamberstated that the trade mission will help explore joint investment opportunities and will lay the foundationof a strong partnership between the business communities of the UAE, the Czech Republic and Slovakia as the trade mission is also apart of the ongoing strategy of the Chamber in promotingthe competitiveness of UAE businesses in emerging markets of the world.
He further stated that Dubai can be a hub for Czech and Slovakcompanies wishing to enter the markets of the Middle East, Southeast Asia and the African continent due to its strategic location and logistics and infrastructural benefits offered to investors as he also stressed on the Chamber's commitment to enhancing the competitiveness of Dubai's business community by supporting their investment outreach in lucrative global markets.
The trade delegation, whichconsists of businessmen fromreal estate, construction, textiles, automobile, finance, oil and gas and heavy industry, healthcare, tourism and hospitality sectors, will attend business forums, bilateral meetings and roundtable discussions on mutual investment opportunities in promising target sectors, especially in tourism, health care, infrastructure, industry and health tourism with prominent Czech and Slovak officials and will be followed by site visits.
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About Dubai Chamber of Commerce & Industry
Established in 1965, Dubai Chamber of Commerce & Industry is celebrating its milestone anniversary of 50 years empowering vision in Dubai's business community. A non-profit public entity, Dubai Chamber supports Dubai's vision as a global player by empowering businesses, providing innovative value added services and access to influential networks. Its 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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For more information, please contact:
Ruba Abdel Halim
Dubai Chamber of Commerce & Industry
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© Press Release 2015
