Dubai Chamber continues to expand economic ties between the United Arab Emirates and Africa – OpEd – Eurasia Review

The United Arab Emirates have launched the 6th edition of the Global Business Forum Africa (GBF Africa), which aims to expand and strengthen the diverse business with Africa. With its world-class airline Emirates, the airline network will facilitate participation in the forum for African executives and business leaders.

Under the auspices of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai, GBF Africa is bringing the trade and investment community back together to explore bilateral trade opportunities between Dubai and Sub-Saharan Africa.

Now in its 6th edition, the Global Business Forum Africa is facilitating international revenue streams by engaging leading decision-makers from the global investment scene. Influential stakeholders participate in a constructive dialogue at the highest level, focusing on key economic developments and investment opportunities across the continent.

This forum aims, among other things, to build bridges between the UAE and African business worlds and to explore untapped trade and investment potential. It represents an unprecedented opportunity for companies of all sizes, international organizations and government agencies from around the world to come together to promote a more diversified and resilient global economy, inspire a dynamic business environment, and promote sustainable growth.

In addition to Africa, it established the Global Business Forum ASEAN as a platform for insightful dialogue between government and business leaders in the UAE and ASEAN by identifying opportunities for mutual growth. The regional comprehensive economic partnership aims to reshape global connectivity and increase global GDP by $ 186 billion by 2030.

In addition, the Global Business Forum Latin America was launched in 2016 to pave the way for long-term partnerships between business communities in the GCC, Latin America and the Caribbean (LAC). The forum examines existing trade synergies and bilateral business opportunities while strengthening Dubai’s position as a gateway for Latin American companies.

As expected, heads of state, more than 30 ministers, high-ranking government officials and prominent influential business leaders from Africa have confirmed their participation in the sixth edition of the Global Business Forum Africa (GBF Africa), which takes place on October 13th. 14. 2021 at Expo 2020 Dubai.

The Dubai Chamber is organizing GBF Africa 2021 in partnership with Expo 2020 Dubai under the theme “Transformation Through Trade” and the event will be held under the auspices of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of the United Arab Emirates, take place in Dubai.

The organizers have listed high-level participants, including HE Filipe Nyusi, President of Mozambique; HE Felix Tshisekedi, President of the Congo; SE Dr. CGDN Chiwenga, Vice President of Zimbabwe; the Chief Minister of Jersey; the Secretary General of COMESA; more than 30 ministers and senior African officials including ministers from Ghana, Angola, Ethiopia, Uganda, Zimbabwe and Liberia, Kenya, Botswana, Ivory Coast, Mauritius, Mozambique, Namibia, Niger, Senegal, Seychelles, Congo and the Kingdom of Lesotho and government officials from Rwanda and Kenya.

HE Reem Al Hashimy, United Arab Emirates Minister of State for International Cooperation and General Director of Expo 2020 Dubai, said: “Countries from around the world participating in Expo 2020 are eager to broaden and deepen their relations with Africa, and GBF Africa will be a crucial forum where the continent can share its plans and successes, seek investments and solutions to its challenges and forge new relationships around the world. ”

SE Hamad Buamim, President and CEO of the Dubai Chamber, said: “The success GBF Africa has had in attracting African presidents, ministers and influential leaders to its high-level talks reflects the position of the forum as the leading global platform for exploring investment opportunities reflected on the African continent. It underscores the critical role Dubai’s shrewd leadership is playing in building the emirate’s trade ties with emerging markets around the world. ”

According to Buamim, the Dubai Chamber is keen to continue its efforts to build strategic partnerships with key players in the African business ecosystem. The Chamber is also committed to encouraging and supporting local and national companies to invest in African markets and promote sustainable economic growth and development.

Ambareen Musa, Founder and CEO of Souqual in the United Arab Emirates, said, “As we grow and expand in the Middle East, this presents a great opportunity for us to potentially advance into Africa as a region.”

Through its network of international representative offices, commercial agencies and top-class business forums, the Dubai Chamber of Commerce & Industry works to strengthen Dubai’s profile as a global center of trade and investment. The chamber represents more than 260,000 companies, making it one of the world’s largest member-based chambers of commerce.

About the Dubai Chamber: Established in 1965, the Dubai Chamber of Commerce and Industry is a not-for-profit public body whose mission is to represent, support and protect the interests of the business community in Dubai by creating a favorable business environment and the Developing businesses and promoting Dubai as an international business hub. www.dubaichamber.com

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