Dubai International Chamber Facilitates Over 350 Business Meetings at Anuga Food Fair in Germany

 



Dubai International Chamber, a vital component of Dubai Chambers, has played a pivotal role in fostering international trade connections. The Chamber orchestrated more than 350 bilateral business meetings between food and beverage companies in Dubai and their global counterparts during the renowned Anuga Food Fair in Germany. This event, the largest trade fair for the food and beverage sector worldwide, hosted representatives from 13 Dubai-based companies. They convened in Cologne, Germany, where the fair, under the banner of "Sustainable Growth," gathered 140,000 visitors from 200 countries and featured 7,900 exhibitors from 118 nations.

Dubai International Chamber's engagement in this mission aligns with the "New Horizons for External Expansion" initiative, launched with the purpose of promoting international expansion among its members and positioning Dubai as a thriving global investment hub. Mohammed Ali Rashid Lootah, Director General of Dubai Chambers, emphasized the strategic importance of their participation, offering Dubai-based companies the opportunity to connect with global distributors, retailers, and key players in the food industry while staying abreast of industry trends and sustainable food innovations.

The "New Horizons for External Expansion" initiative is a vital component of Dubai's strategy to increase foreign trade volume and support local companies in expanding their global presence. This effort is in line with Dubai's five-year plan to raise foreign trade to 2 trillion UAE dirhams by 2026 and will assist 100 local companies in expanding their global footprint by 2024. Dubai International Chamber continues its commitment to helping businesses expand into global markets, reinforcing Dubai's position as a significant center for foreign direct investment, and expanding its network of foreign offices worldwide to 50 by 2030.


Comments

Post a Comment

Popular posts from this blog

UAE and South Korea Sign Economic Partnership Agreement

Image
The leaders of the United Arab Emirates UAE and South Korea came together for an important event. President Sheikh Mohamed bin Zayed Al Nahyan of the UAE and President Yoon Suk Yeol of South Korea witnessed the signing of a new agreement This agreement is called the Comprehensive Economic Partnership Agreement CEPA It aims to strengthen the economic ties between the two countries. The signing ceremony marks a significant moment for both nations It shows their commitment to working together and expanding their economic cooper ation This partnership is expected to open up new opportunities for trade and investment Both leaders believe that this agreement will bring positive changes to their economies. One of the main goals of the CEPA is to boost trade between the UAE and South Korea By reducing tariffs and promoting easier trade routes both countries hope to increase the flow of goods and services This will benefit businesses and consumers alike making it easier for them to access a wid...
Read more

Egypt Receives $14 Billion from UAE as Second Payment of Investment Deal, Fuelling Economic Growth

Image
  The UAE has invested $14 billion in Egypt and will help the country achieve major progress in its development agenda. On Friday during a cabinet meeting held at the Secretariat Office Building (SOB) in Cairo, the Egyptian Prime Minister Mr. Mostafa Madbouly confirmed having received that amount from them, thus indicating his government’s dependence on this financial boost for economic empowerment purposes.  This payment marks the second tranche of a monumental $35 billion investment deal inked in February, aimed at advancing the development of Ras Al-Hekma, a promising new resort city nestled along Egypt's northern coast. Since the first $15 billion was extended in March, Egypt has had a significant increase in overseas investments showing that people are more confident about how it will perform economically in future. Not to mention further financial backing guaranteed by organizations such as World Bank, European Union among others have placed Egypt on a good stand to use ...
Read more

India-France-UAE Trilateral: Navigating Indo-Pacific Dynamics

Image
  The virtual trilateral meeting between India, France, and the UAE is a major move in the changing strategic landscape of the Indo-Pacific region. At the same time, it highlights India’s active participation in minilateral forums while using its relations with France and the UAE as a way of dealing with difficult geopolitical transitions. France’s historical ties with India stand as a reminder of a strategic partnership that it once had with Russia underscoring their shared commitment towards an Indo-Pacific region that is free as well as safe from any form of threats. Both sides support something taught just about everywhere — the maritime order based on rules –, which plays an important role in maintaining and supporting world commerce among other issues. The increasing bond between India and the UAE only strengthens the trilateral relationship more, underscoring the shared strategic vision and healthy bilateral engagements they have with each other. This further elevates the ro...
Read more