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ABC hold third annual forum

Tuesday, Oct 28, 2014

The American Business Council of Dubai & the Northern Emirates (ABC) brought together business leaders from the U.S. and the U.A.E. to participate in the third annual American Business Forum on Tuesday

The conference, called I.D.E.A.S., short for Identify Define Execute Analyze and Strengthen regional business opportunities, aims to challenged leaders to “think critically about the American competitive advantage in the Middle East” and how to leverage the U.S.-U.A.E. bilateral trade relationship.

Ramsey Jurdi, President ABC, who is also an International Partner at Chadbourne & Parke, said the tone of the conversation at the annual meeting has changed. Previously, much of the discussion focused on overcoming various problems, but the focus recently focuses more on how to increase the level of business between the US and the UAE.

Two sectors that are seeing increasing interest in the UAE are the health care and green energy, while SME across many sectors are looking at the Gulf region as a key area to increase exports.

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Jurdi also said a large number of American companies are looking at Dubai as a gateway into Africa.

“While there is a general sentiment that there is no large city that can give access to all of Africa, Dubai is now up there with cities like Johannesburg or Cairo,” he said

The American Business Council of Dubai & the Northern Emirates operates under the auspices of the Dubai Chamber of Commerce & Industry and functions as a Chapter of the U.S. Chamber of Commerce. The American Business Council is a 500 plus member-driven organization.

By Scott Shuey Business Editor

Gulf News 2014. All rights reserved.

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