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Gulf Today
19-02-2025
- Business
- Gulf Today
Sharjah strengthens economic, trade relations with Guatemala
The Sharjah Chamber of Commerce and Industry (SCCI) reaffirmed its commitment to enhancing strategic economic cooperation and strengthening trade and investment relations with the Republic of Guatemala at both public and private sector levels. This includes unlocking new partnership opportunities across diverse industries and facilitating the exchange of expertise and business prospects between Sharjah and Guatemala. These remarks were made during a meeting held at SCCI's headquarters where Abdallah Sultan Al Owais, Chairman of SCCI, welcomed a high-level ministerial delegation from Guatemala. The delegation comprised of Gabriela García, Minister of Economy of Guatemala, and Jorge Archila, Ambassador of Guatemala to the UAE. The meeting was attended by Mohammed Ahmed Amin Al Awadi, Director-General of SCCI, and Dr Fatima Khalifa Al Muqarrab, Director of the International Relations Department at SCCI, along with senior executives from major local companies and heads of business groups and councils in Sharjah. During the meeting, both sides explored promising investment and cooperation opportunities across various sectors, with a particular focus economy, renewable energy, infrastructure, manufacturing, technology, and education. They also underscored the significance of fostering engagement in business forums and trade shows hosted by both sides, bringing together entrepreneurs and businessmen from the UAE and Guatemala to explore key investment opportunities and enhance the global presence of businesses in both countries. Abdallah Sultan Al Owais affirmed that Sharjah's attractive investment environment provides a range of incentives that support business growth, strengthen strategic partnerships between Sharjah and Guatemalan enterprises, and facilitate the establishment of joint ventures. He pointed to the increasing potential for cooperation in fields like manufacturing, logistics, and agricultural technology, outlining the competitive advantages Sharjah's freezones offer to investors. He also highlighted the promising opportunities within the entrepreneurship and SME sector, which serves as a fundamental pillar of the economies of both Sharjah and Guatemala, providing a platform for fostering expertise exchange and cross-border collaboration. Mohammed Ahmed Amin Al Awadi noted that the Sharjah Chamber remains committed to fostering collaboration with the Guatemalan private sector through its various departments, to achieve cooperation goals that benefit both economies. He highlighted that the Guatemalan delegation's visit is part of the Sharjah Chamber's ongoing efforts to strengthen economic ties between Sharjah's private sector and its counterparts worldwide. Gabriela García underscored the importance of the meeting in exploring strategic frameworks and mechanisms to enhance trade and investment cooperation and facilitate business expansion between the UAE and Guatemalan private sectors.


Sharjah 24
18-02-2025
- Business
- Sharjah 24
SCCI strengthens economic, trade partnerships with Guatemala
This includes unlocking new partnership opportunities across diverse industries and facilitating the exchange of expertise and business prospects between Sharjah and Guatemala. These remarks were made during a meeting held at SCCI's headquarters where His Excellency Abdallah Sultan Al Owais, Chairman of SCCI, welcomed a high-level ministerial delegation from Guatemala. The delegation comprised of H.E Gabriela García, Minister of Economy of Guatemala, and H.E Jorge Archila, Ambassador of Guatemala to UAE. The meeting was attended by His Excellency Mohammed Ahmed Amin Al Awadi, Director-General of SCCI, and Dr. Fatima Khalifa Al Muqarrab, Director of the International Relations Department at SCCI, along with senior executives from major local companies and heads of business groups and councils in Sharjah. During the meeting, both sides explored promising investment and cooperation opportunities across various sectors, with a particular focus economy, renewable energy, infrastructure, manufacturing, technology, and education. They also underscored the significance of fostering engagement in business forums and trade shows hosted by both sides, bringing together entrepreneurs and businessmen from the UAE and Guatemala to explore key investment opportunities and enhance the global presence of businesses in both countries. His Excellency Abdallah Sultan Al Owais affirmed that Sharjah's attractive investment environment provides a range of incentives that support business growth, strengthen strategic partnerships between Sharjah and Guatemalan enterprises, and facilitate the establishment of joint ventures. He pointed to the increasing potential for cooperation in fields like manufacturing, logistics, and agricultural technology, outlining the competitive advantages Sharjah's free zones offers to investors. He also highlighted the promising opportunities within the entrepreneurship and SME sector, which serves as a fundamental pillar of the economies of both Sharjah and Guatemala, providing a platform for fostering expertise exchange and cross-border collaboration. His Excellency Mohammed Ahmed Amin Al Awadi noted that the Sharjah Chamber remains committed to fostering collaboration with the Guatemalan private sector through its various departments, with the aim to achieve cooperation goals that benefit both economies. He highlighted that the Guatemalan delegation's visit is part of the Sharjah Chamber's ongoing efforts to strengthen economic ties between Sharjah's private sector and its counterparts worldwide. For her part, His Excellency Gabriela García underscored the importance of the meeting in exploring strategic frameworks and mechanisms to enhance trade and investment cooperation and facilitate business expansion between the UAE and Guatemalan private sectors. She noted that both countries share strong economic relations and offer competitive investment advantages that pave the way for future partnerships and open up new trade markets. Both sides emphasized the importance of facilitating direct communication between businesses in Sharjah and Guatemala, showcasing investment opportunities available in both countries, and promoting knowledge exchange to establish strong and successful business partnerships. Additionally, they proposed the formation of joint committees, comprising industry experts and private sector representatives, to develop a strategic action plan for advancing cooperation in high-priority sectors. The meeting also addressed opportunities for collaboration in innovation and sustainable technology, focusing on knowledge exchange in areas including digital transformation, renewable energy, and agri-tech. Both sides also emphasized their shared commitment to enhancing environmental sustainability, ensuring food security, and exchanging expertise in the sustainable management of natural resources.


Zawya
18-02-2025
- Business
- Zawya
Sharjah Chamber reiterates commitment to strengthening economic and trade partnerships with Guatemala
Sharjah: The Sharjah Chamber of Commerce and Industry (SCCI) reaffirmed its commitment to enhancing strategic economic cooperation and strengthening trade and investment relations with the Republic of Guatemala at both public and private sector levels. This includes unlocking new partnership opportunities across diverse industries and facilitating the exchange of expertise and business prospects between Sharjah and Guatemala. These remarks were made during a meeting held at SCCI's headquarters where H.E Abdallah Sultan Al Owais, Chairman of SCCI, welcomed a high-level ministerial delegation from Guatemala. The delegation comprised of H.E Gabriela García, Minister of Economy of Guatemala, and H.E Jorge Archila, Ambassador of Guatemala to UAE. The meeting was attended by H.E Mohammed Ahmed Amin Al Awadi, Director-General of SCCI, and Dr. Fatima Khalifa Al Muqarrab, Director of the International Relations Department at SCCI, along with senior executives from major local companies and heads of business groups and councils in Sharjah. During the meeting, both sides explored promising investment and cooperation opportunities across various sectors, with a particular focus economy, renewable energy, infrastructure, manufacturing, technology, and education. They also underscored the significance of fostering engagement in business forums and trade shows hosted by both sides, bringing together entrepreneurs and businessmen from the UAE and Guatemala to explore key investment opportunities and enhance the global presence of businesses in both countries. H.E Abdallah Sultan Al Owais affirmed that Sharjah's attractive investment environment provides a range of incentives that support business growth, strengthen strategic partnerships between Sharjah and Guatemalan enterprises, and facilitate the establishment of joint ventures. He pointed to the increasing potential for cooperation in fields like manufacturing, logistics, and agricultural technology, outlining the competitive advantages Sharjah's free zones offers to investors. He also highlighted the promising opportunities within the entrepreneurship and SME sector, which serves as a fundamental pillar of the economies of both Sharjah and Guatemala, providing a platform for fostering expertise exchange and cross-border collaboration. H.E Mohammed Ahmed Amin Al Awadi noted that the Sharjah Chamber remains committed to fostering collaboration with the Guatemalan private sector through its various departments, with the aim to achieve cooperation goals that benefit both economies. He highlighted that the Guatemalan delegation's visit is part of the Sharjah Chamber's ongoing efforts to strengthen economic ties between Sharjah's private sector and its counterparts worldwide. For her part, H.E Gabriela García underscored the importance of the meeting in exploring strategic frameworks and mechanisms to enhance trade and investment cooperation and facilitate business expansion between the UAE and Guatemalan private sectors. She noted that both countries share strong economic relations and offer competitive investment advantages that pave the way for future partnerships and open up new trade markets. Both sides emphasized the importance of facilitating direct communication between businesses in Sharjah and Guatemala, showcasing investment opportunities available in both countries, and promoting knowledge exchange to establish strong and successful business partnerships. Additionally, they proposed the formation of joint committees, comprising industry experts and private sector representatives, to develop a strategic action plan for advancing cooperation in high-priority sectors. The meeting also addressed opportunities for collaboration in innovation and sustainable technology, focusing on knowledge exchange in areas including digital transformation, renewable energy, and agri-tech. Both sides also emphasized their shared commitment to enhancing environmental sustainability, ensuring food security, and exchanging expertise in the sustainable management of natural resources. -Ends- Video download link: Ali Elgendy Misbar Communications ali@ Ahmad Aldwairi Misbar Communications


Emirates 24/7
11-02-2025
- Business
- Emirates 24/7
Guatemala's Economy Minister affirms her country's desire to develop economic relations, partnerships with UAE
Guatemala's Minister of Economy, Gabriela García, affirmed that her country is keen to develop economic relations and partnerships with the UAE, particularly in the field of infrastructure. She highlighted that the UAE possesses the expertise, technology, and capital necessary for investing in Guatemala's ports and airports, which would accelerate the country's economic development. García told the Emirates News Agency (WAM) on the sidelines of the World Government Summit (WGS) 2025 in Dubai, about the significant potential for strengthening cooperation between Guatemala and the Middle East, especially in light of ongoing shifts in the global economy and changes in international trade balances. She noted that 2025 would be a pivotal year for expanding trade relations not only with the Middle East and North Africa but also with Europe. She added that Guatemala aims to establish trade and investment partnerships based on mutual benefit, ensuring advantages for both investors and the Guatemalan economy. García explained that Guatemala's exports to the UAE currently focus on coffee and cardamom, emphasising that there is considerable room to enhance bilateral trade. She stated that her country is actively seeking to strengthen its trade ties with the UAE, considering that many promising opportunities remain untapped. Guatemala's Minister of Economy also highlighted that Guatemala has the largest economy in Central America, with the country expecting to achieve a growth rate of approximately 3.7% in 2025, close to 2024 levels. This growth rate is about two percentage points higher than the country's average over the past decade. She said that this economic growth reflects the government's ongoing efforts to boost the economy through public investment, particularly in infrastructure projects such as ports, airports, and roads. García also pointed out the significant investment opportunities in the infrastructure sector, noting that Guatemala is in discussions with companies specialising in port management, including some from the Middle East, to explore possibilities for cooperation and investment. She stressed the importance of enhancing foreign direct investment, whether through government-to-government partnerships or public-private sector collaborations. She also noted that several Guatemalan products, such as coffee and cardamom, are in high demand in the region, with the potential to expand the country's food exports to include other products. Follow Emirates 24|7 on Google News.