Latest news with #FederationofUAEChambersof
Al Etihad
10-05-2025
- Business
- Al Etihad
UAE Chambers discusses strengthening economic, investment cooperation with Mongolia
10 May 2025 16:29 DUBAI (WAM)The Federation of UAE Chambers of Commerce and Industry (UAE Chambers) has called for enhancing economic and investment cooperation with Mongolia in a way that serves the mutual interests of business communities in both friendly call came during a meeting between Humaid Mohammed bin Salem, Secretary-General of the UAE Chambers, and Odonbaatar Shijeekhuu, the first Ambassador of Mongolia to the a press statement issued today, Humaid bin Salem expressed the Federation's pride in the strong friendship between the UAE and Mongolia, noting the comprehensive development of bilateral relations across various fields. He emphasised the UAE private sector's keenness to elevate these relations to broader highlighted the competitive advantages that the UAE offers to investors, particularly its strategic location, which positions it as an ideal gateway to regional markets. Humaid bin Salem also called for increased exchange of trade delegations between the two countries to explore investment opportunities, and build promising partnerships between Emirati and Mongolian business leaders. For his part, Ambassador Odonbaatar commended the outstanding efforts of the UAE Chambers in promoting economic relations between the two nations. He affirmed that the Mongolian private sector is eager to strengthen ties on multiple levels in a way that benefits both countries.
Asharq Al-Awsat
03-05-2025
- Business
- Asharq Al-Awsat
Second Emirati-Iraqi Business Forum Discusses Enhancing Trade Partnerships
The Federation of UAE Chambers of Commerce and Industry, in cooperation with the Federation of Iraqi Chambers of Commerce, organized the Second Emirati-Iraqi Business Forum this week in Dubai. The event took place on the sidelines of the Iraqi trade delegation's visit to the UAE from May 1st to 2nd. The forum witnessed the participation of more than 170 companies from major institutions and corporations in both countries, state news agency WAM reported. Over 250 bilateral business meetings were held between representatives of various sectors, most notably real estate, contracting, tourism, hospitality, energy, renewable energy, logistics services, healthcare, and artificial intelligence, in addition to bilateral meetings between the chambers of commerce. Abdullah Sultan Al Owais, Vice Chairman of the Federation of UAE Chambers of Commerce and Industry and Chairman of the Sharjah Chamber of Commerce and Industry, affirmed the keenness of the chambers of commerce and private sector representatives to support and enhance trade and investment cooperation between the UAE and the Republic of Iraq. He pointed out the importance of the "Together for Partnerships" initiative, launched in cooperation between the Federation of UAE Chambers and the International Development Bank - Dubai Branch, which aims to be a link and a bridge for investors and business owners between the two brotherly countries. During the opening session, Dr. Mudhaffar Mustafa Al-Jubouri, the Iraqi Ambassador to the UAE, praised the depth of the brotherly and cooperative relations between Iraq and the UAE. He also emphasized the importance of strengthening economic partnership and expanding the horizons of cooperation in various fields, in a way that achieves sustainable development and economic prosperity for both countries.
Iraqi News
02-05-2025
- Business
- Iraqi News
Iraq and UAE strengthen economic ties at Dubai business forum
Dubai ( – The second UAE-Iraq Business Forum, held on Thursday at Dubai's Sheraton Dubai Creek Hotel, marked a renewed push to boost commercial ties between the two nations. The event was timed with the May 1–2 visit of an Iraqi trade delegation and was jointly organized by the Federation of UAE Chambers of Commerce and Industry, the UAE Ministry of Foreign Affairs (MOFA), and the Iraqi Chambers of Commerce. Bringing together over 170 leading companies from both Iraq and the UAE, the forum served as a vibrant networking hub across multiple sectors such as energy, real estate, tourism, healthcare, artificial intelligence, and logistics. More than 250 business-to-business (B2B) meetings were conducted during the event, opening doors for potential partnerships and investments. One of the forum's key milestones was the first official session of the UAE-Iraq Business Council. This foundational meeting, co-chaired by Ahmed Waleed Ahmed representing Iraq and Humaid Mohamed Ben Salem, Secretary General of the Federation of UAE Chambers, laid the groundwork for deeper economic cooperation and ongoing dialogue between the two business communities.
Arab News
22-04-2025
- Business
- Arab News
UAE FM meets Sri Lankan president in Colombo visit
LONDON: Sheikh Abdullah bin Zayed Al-Nahyan, the UAE minister of foreign affairs, met Sri Lanka's president and foreign minister in Colombo during an official visit on Tuesday. Sheikh Abdullah and President Anura Kumara Dissanayake discussed ways to enhance bilateral cooperation in various sectors, building on strong and evolving ties between the UAE and Sri Lanka. He highlighted the UAE's commitment to enhancing cooperation with Sri Lanka to support the development goals of both countries, the Emirates News Agency reported. The UAE is committed to partnering with friendly countries to enhance prosperity and sustainable development, he added. President Dissanayake commended the strong relationship between Abu Dhabi and Colombo, WAM reported. Sheikh Abdullah spoke with his Sri Lankan counterpart, Vijitha Herath, about opportunities for enhancing cooperation in areas such as the economy, trade, tourism and development. The ministers exchanged views on several regional and international issues, and attended the signing of a memorandum of understanding between the Federation of UAE Chambers of Commerce and Industry and the National Chamber of Commerce of Sri Lanka. The memorandum, signed on Tuesday by Saeed Mubarak Al-Hajeri, the Emirati assistant minister for economic and trade affairs, and Lakmal Fernando, vice president of the National Chamber of Commerce of Sri Lanka, aims to establish the UAE-Sri Lanka Joint Business Council. Khaled Nasser Al-Ameri, the UAE's ambassador to Sri Lanka, attended the meetings along with senior Emirati officials.
Hi Dubai
09-04-2025
- Business
- Hi Dubai
Indian Investors Lead Foreign Business Growth in UAE with 225,000 Companies
Indian investors have emerged as the top foreign business group in the UAE, with over 225,000 companies registered with UAE chambers of commerce by the end of Q1 2025, according to the Federation of UAE Chambers of Commerce and Industry. This milestone underscores the UAE's strong appeal as a global investment hub. Humaid Mohammed bin Salem, Secretary-General of UAE Chambers, attributed this surge in Indian business activity to the Comprehensive Economic Partnership Agreement (CEPA) signed between the two countries in May 2022. Bin Salem noted that CEPA has played a pivotal role in evolving UAE-India relations into a multi-dimensional partnership, with trade and business collaboration at its core. He highlighted that non-oil bilateral trade reached a record US$56.1 billion in CEPA's second year—a 10.1% rise from its first year. Looking ahead, the UAE and India aim to push bilateral trade to US$100 billion by 2030, further reinforcing their strategic economic alliance. 'The UAE Chambers is fully committed to deepening trade ties with India and supporting the growth of globally competitive business partnerships,' Bin Salem added. The figures reflect not only India's confidence in the UAE's investment landscape but also the broader vision of economic diversification and international collaboration driving the Emirates forward. News Source: Emirates News Agency
