Dubai International Chamber to boost UAE-Uganda business ties

Dubai International Chamber

 

Dubai International Chamber to boost UAE-Uganda business ties

The meetings came during the first leg of the chamber’s trade mission to Uganda and Tanzania under the ‘New Horizons’ initiative, which aims to support the expansion of local companies into promising global markets.

As part of the mission, the chamber hosted a business forum in Kampala titled ‘Doing Business with Uganda’ with the support of the Embassy of the United Arab Emirates in Kampala, the Embassy of the Republic of Uganda in the UAE, the Uganda National Chamber of Commerce and Industry, the Uganda Investment Authority, and the Private Sector Foundation Uganda.

On the sidelines of the Forum, Rt. Robinah Nabbanja, Prime Minister of the Republic of Uganda met with Dubai International Chamber delegation in a private meeting, and emphasised the importance of the trade mission in enhancing economic ties and business partnerships. She praised the efforts of the chamber in strengthening trade and investment between the two sides.

Robinah Nabbanja, expressed her delight in the strong relations between UAE and Uganda, adding that the forum will effectively achieve its primary objective of facilitating dialogue between the business communities,

 while creating opportunities to foster new investments and business partnerships for the mutual benefit of both countries.

During the forum, Dubai Chambers signed Memorandum of Understanding (MoU) with the Uganda Chamber of Commerce and Industry. The agreement is aimed at enhancing collaboration between Dubai and Ugandan companies, as well as cooperating to organise trade missions, 

conferences, and business events and unlocking mutual benefits through the sharing of knowledge and expertise. The MoU also focuses on consulting on business policies and exploring bilateral investment opportunities.

Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, commented: “We are committed to strengthening Dubai’s trade and investment partnerships with countries worldwide, 

including Uganda. Supporting companies from Dubai to grow and expand globally across diverse sectors remains a priority. This contributes to enhancing Dubai’s foreign trade and consolidating its position as a leading global business hub.”

The forum featured speeches by the Olive Kigongo, President of the Uganda National Chamber of Commerce and Industry; and Martin Muhangi, Deputy Director General of Uganda Investment Authority. The event was attended by 302 participants including senior officials, business leaders, and Ugandan companies interested in exploring partnership opportunities with the delegation from Dubai.

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