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Dubai-Mozambique Business Forum underscores mutual investment and trade opportunities

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Home Business & Economy

Dubai-Mozambique Business Forum underscores mutual investment and trade opportunities

by Editorial Staff
3 years ago
in Business & Economy
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DUBAI International Chamber, one of the three chambers operating under Dubai Chambers, in partnership with the Mozambique Chamber of Commerce and the Association of Muslim Entrepreneurs and Businesses of Mozambique (AMEEM),  organised on Thursday  the Dubai-Mozambique Business Forum, as part of a three-day trade mission sponsored by Absa Bank.

With more than 160 delegates, 50 Mozambiquan companies, and over 50 bilateral meetings, the forum allowed business players from both sides to exchange updates and discuss mutually beneficial trade and economic potential, especially in Agribusiness, Energy (including Oil & Gas), and Logistics.

Sultan Ahmed Bin Sulayem, Chairman of Dubai International Chamber, said: ‘The mission and the forum have been a great success. We organised the Trade Mission to attract Mozambican companies, investors, and high net worth individuals to Dubai, as well as to identify investment opportunities for Dubai-based companies in Mozambique. I firmly believe we have achieved these goals and see a bright future in terms of new bilateral deals, partnerships, and investment.’

During the Mission, Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers and  Imraan Husein, President of AMEEM signed an MoU to promote joint activities and leverage the Chambers’ resources to facilitate doing business in Dubai.

The mission comprised representatives of Mozambique Chamber of Commerce,  the Agency for Promotion of Investment and Exports (APIEX) and Moz Parks.

Yolanda Fernandes, Vice President of Mozambique Chamber of Commerce, said: ‘We are proud to have created a space that inspired new partnerships and unlocked fresh opportunities for growth and development. We extend our sincerest gratitude to all our attendees, sponsors, and partners and look forward to continuing to build upon this momentum in the future.’

For his part,  Nuno Maposse. Deputy General Director of APIEX said: ‘The forum provided us with an excellent opportunity to showcase our investment opportunities since the UAE is one of the primary sources of FDI to Mozambique and last year was the number one foreign investor. The Business Matching support was the cherry on top of the cake. We had great meetings and leads to follow up when we return home.’

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Editorial Staff

Editorial Staff

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