Latest news with #UAEChambers
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.
Sharjah 24
09-04-2025
- Business
- Sharjah 24
UAE-Lithuania Business Forum explores future opportunities
Organised by the Federation of UAE Chambers of Commerce and Industry, the forum highlighted the positive momentum and rapid growth in UAE–Lithuania ties, reinforced by a series of strategic agreements and memorandums of understanding. These include the MoU recently signed between the UAE Chambers and the Association of Lithuanian Chambers of Commerce and Industry, setting the stage for future collaboration and mutual investment growth. The forum was attended by Abdallah Sultan Al Owais, Vice Chairman of the Federation of UAE Chambers of Commerce and Industry and Chairman of SCCI, along with Sigitas Gailiunas, President of the Association of Lithuanian Chambers of Commerce and Industry, and Ramūnas Davidonis, Ambassador of Lithuania to the UAE. Also present were Mohammad Ahmed Amin Al Awadi, Director-General of SCCI; Ahmed Juma Al Qaizi, Assistant Secretary-General of the UAE Chambers; Dr. Fatima Khalifa Al Muqarrab, Director of the International Relations Department at SCCI, alongside a group of investors and local business representatives. Delivering his opening speech, H.E Abdallah Sultan Al Owais extended a warm welcome to the Lithuanian delegation, noting that the forum reflects the UAE Chambers' ongoing commitment to supporting the UAE's strategic vision of diversifying global economic partnerships and strengthening its position as a regional and international hub for trade and investment. He noted that the UAE-Lithuania Business Forum serves as a platform for exploring new opportunities for cooperation and growth between the private sectors of the two countries, while also fostering stronger trade links and broader investment prospects. Al Owais pointed to the UAE's world-class infrastructure and investor-centric legal and legislative framework as key enablers for Lithuanian businesses seeking regional market access. He also highlighted the growing significance of cross-border collaboration amid current global economic challenges. He said, 'We recognise that in today's globalised world, international cooperation is more crucial than ever before. We look forward to sharing expertise and increasing investments with the Lithuanian private sector in areas, particularly in high-potential sectors such as technology, advanced manufacturing, and green energy.'. 'With the UAE's forward-looking economic approach and its commitment to future-focused investment, this forum presents an ideal platform to foster knowledge-sharing, identify new business ventures, and build enduring partnerships that will yield mutual benefits for our two nations,' Al Owais added. For his part, Sigitas Gailiunas reaffirmed the commitment of the Association of Lithuanian Chambers of Commerce to increasing its presence and regular participation in bilateral forums that facilitate business-to-business interaction and investment growth between the UAE and Lithuania. He said that that Lithuania offers a conducive ecosystem for tech startups, underpinned by strong capabilities in software development, IT, and telecommunications. He noted that Emirati companies have the potential to forge successful investment partnerships in such sectors. The forum featured a series of presentations and panel discussions highlighting key investment prospects for joint ventures between the UAE and Lithuanian private sectors. Key topics included innovation, advanced technology, and renewable energy, with a particular focus on green technologies as a promising field for cooperation. These sectors align with both countries' commitments to carbon emission reduction and the global momentum toward sustainable development and clean energy adoption. During the gathering, the Sharjah Chamber highlighted the emirate's competitive advantages as a leading investment destination, delivering a presentation that outlined the promising opportunities available across various sectors including manufacturing, logistics, tourism, education, healthcare, and the creative economy. The presentation also detailed the comprehensive support mechanisms and facilitation services available to investors aiming to establish or expand their businesses in the emirate of Sharjah. On the sidelines of the forum, SCCI signed two Memoranda of Understanding with the Chamber of Commerce, Industry, and Crafts in Šiauliai, and the Chamber of Commerce, Industry, and Crafts in Kaunas, Lithuania. These strategic agreements aim to strengthen economic partnerships between the business communities of both countries. They outline cooperation in exchanging trade delegations and discussions in export and economic sectors, supporting follow-up visits, and coordinating the establishment and expansion of a business network that facilitates the exchange of opportunities among chamber members. The MoUs also include provisions for sharing commercial data and statistics, conducting joint research activities, and participating in trade events, exhibitions, and conferences, as well as promoting the exchange of expertise, knowledge, and training opportunities.
Zawya
09-04-2025
- Business
- Zawya
UAE-Lithuania Business Forum explores future cooperation opportunities in technology and renewable energy sectors
Sharjah: The UAE-Lithuania Business Forum, held today, Wednesday, at the Sharjah Chamber of Commerce and Industry (SCCI), showcased opportunities to enhance bilateral economic relations and expand cooperation in high-potential sectors including technology and green energy. Organized by the Federation of UAE Chambers of Commerce and Industry, the forum highlighted the positive momentum and rapid growth in UAE–Lithuania ties, reinforced by a series of strategic agreements and memorandums of understanding. These include the MoU recently signed between the UAE Chambers and the Association of Lithuanian Chambers of Commerce and Industry, setting the stage for future collaboration and mutual investment growth. The forum was attended by H.E Abdallah Sultan Al Owais, Vice Chairman of the Federation of UAE Chambers of Commerce and Industry and Chairman of SCCI, along with H.E Sigitas Gailiunas, President of the Association of Lithuanian Chambers of Commerce and Industry, and H.E Ramūnas Davidonis, Ambassador of Lithuania to the UAE. Also present were H.E Mohammad Ahmed Amin Al Awadi, Director-General of SCCI; H.E Ahmed Juma Al Qaizi, Assistant Secretary-General of the UAE Chambers; Dr. Fatima Khalifa Al Muqarrab, Director of the International Relations Department at SCCI, alongside a group of investors and local business representatives. Delivering his opening speech, H.E Abdallah Sultan Al Owais extended a warm welcome to the Lithuanian delegation, noting that the forum reflects the UAE Chambers' ongoing commitment to supporting the UAE's strategic vision of diversifying global economic partnerships and strengthening its position as a regional and international hub for trade and investment. He noted that the UAE-Lithuania Business Forum serves as a platform for exploring new opportunities for cooperation and growth between the private sectors of the two countries, while also fostering stronger trade links and broader investment prospects. Al Owais pointed to the UAE's world-class infrastructure and investor-centric legal and legislative framework as key enablers for Lithuanian businesses seeking regional market access. He also highlighted the growing significance of cross-border collaboration amid current global economic challenges. He said, 'We recognize that in today's globalized world, international cooperation is more crucial than ever before. We look forward to sharing expertise and increasing investments with the Lithuanian private sector in areas, particularly in high-potential sectors such as technology, advanced manufacturing, and green energy.'. 'With the UAE's forward-looking economic approach and its commitment to future-focused investment, this forum presents an ideal platform to foster knowledge-sharing, identify new business ventures, and build enduring partnerships that will yield mutual benefits for our two nations,' Al Owais added. For his part, H.E Sigitas Gailiunas reaffirmed the commitment of the Association of Lithuanian Chambers of Commerce to increasing its presence and regular participation in bilateral forums that facilitate business-to-business interaction and investment growth between the UAE and Lithuania. He said that that Lithuania offers a conducive ecosystem for tech startups, underpinned by strong capabilities in software development, IT, and telecommunications. He noted that Emirati companies have the potential to forge successful investment partnerships in such sectors. The forum featured a series of presentations and panel discussions highlighting key investment prospects for joint ventures between the UAE and Lithuanian private sectors. Key topics included innovation, advanced technology, and renewable energy, with a particular focus on green technologies as a promising field for cooperation. These sectors align with both countries' commitments to carbon emission reduction and the global momentum toward sustainable development and clean energy adoption. During the gathering, the Sharjah Chamber highlighted the emirate's competitive advantages as a leading investment destination, delivering a presentation that outlined the promising opportunities available across various sectors including manufacturing, logistics, tourism, education, healthcare, and the creative economy. The presentation also detailed the comprehensive support mechanisms and facilitation services available to investors aiming to establish or expand their businesses in the emirate of Sharjah. On the sidelines of the forum, SCCI signed two Memoranda of Understanding with the Chamber of Commerce, Industry, and Crafts in Šiauliai, and the Chamber of Commerce, Industry, and Crafts in Kaunas, Lithuania. These strategic agreements aim to strengthen economic partnerships between the business communities of both countries. They outline cooperation in exchanging trade delegations and discussions in export and economic sectors, supporting follow-up visits, and coordinating the establishment and expansion of a business network that facilitates the exchange of opportunities among chamber members. The MoUs also include provisions for sharing commercial data and statistics, conducting joint research activities, and participating in trade events, exhibitions, and conferences, as well as promoting the exchange of expertise, knowledge, and training opportunities. For further information, please contact: Ali Elgendy Misbar Communications ali@ Ahmad Aldwairi Misbar Communications
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
Zawya
09-04-2025
- Business
- Zawya
Indian investors lead list of Chambers of Commerce members in UAE
Mohammed bin Salem, Secretary-General of UAE Chambers, said the Comprehensive Economic Partnership Agreement (CEPA) between the UAE and India has contributed to strengthening the developing relations between the two countries and transforming them into a multi-dimensional partnership, with business being one of its fundamental pillars. He added that non-oil bilateral trade between the UAE and India reached a record US$56.1 billion in the second year of the CEPA's entry into force in May 2022, marking a 10.1 percent increase compared to the first year. Bin Salem stated that both countries are working to raise trade volumes to US$100 billion by 2030, reflecting the depth of their economic ties. He affirmed that the UAE Chambers remains committed to advancing UAE-India trade relations and boosting business collaboration to globally competitive levels.
