March 5, 2024
3 mins read

Dubai Chamber’s ‘In Focus’ Reaches Morocco, Senegal

The session was attended by 95 representatives of private sector companies from the emirate…reports Asian Lite News

Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has successfully hosted the latest edition of its “In Focus” initiative to provide Dubai-based companies with a deeper understanding of the trade and investment landscapes in Morocco and Senegal, as well as opportunities throughout North and West Africa.

The session was attended by 95 representatives of private sector companies from the emirate.

“In Focus” provides a platform for Dubai businesses to engage with public and private sector leaders from selected markets to promote cross-border partnerships and drive mutual business growth.

Participants benefit from access to first-hand information on the targeted countries and regions, in addition to expert guidance on international expansion including market intelligence, business introductions, and company set-up processes.

The Morocco and Senegal “In Focus” event enabled Dubai-based companies to connect with key stakeholders from both countries to explore trade and investment opportunities and highlighted the support Dubai International Chamber offers to businesses aiming to expand their operations into key African markets.

Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, commented, “Africa is home to some of the world’s fastest-growing economies and holds tremendous potential for greater private sector engagement. We have been organising events and trade missions to support Dubai-based businesses in accessing African markets. This edition of ‘In Focus’ is dedicated to highlighting growth opportunities in Morocco and Senegal while deepening trade and investment links between Dubai and the two markets.”

Lootah added, “Supporting the expansion of Dubai businesses into these two key emerging markets aligns with our strategic focus on boosting foreign trade to achieve the goals of the Dubai Economic Agenda (D33), which aims to double the size of the economy over the coming decade.”

The event featured a presentation outlining the key synergies between Dubai and the African continent, with a focus on the promising avenues for Dubai companies in Morocco and Senegal. This was followed by an engaging session on doing business in the two countries and potential trade and investment opportunities, together with the various government initiatives and measures implemented to foster a conducive business environment.

The event concluded with a session where business matching experts explained the objectives of the forthcoming ‘New Horizons’ trade missions to Morocco and Senegal, outlined the registration and shortlisting process, and addressed any mission-related questions. As a result, the event successfully attracted strong interest and registrations for the upcoming trade missions.

Dubai Chambers has identified aluminium and fruits and nuts as high-potential import sectors to Morocco, in addition to agriculture, aquaculture, fishing, and tourism as high-potential sectors for investment in Senegal.

“In Focus” serves as a prelude to the “New Horizons” initiative, in which the chamber organises tailor-made trade missions to selected countries. These roadshows offer an engaging combination of meetings with key stakeholders in each country, site visits to industrial and economic zones, and cultural activities. In 2023, the chamber successfully led several “New Horizons” tratrade missions to Uzbekistan, Kazakhstan, and Kyrgyzstan in Central Asia; London in the United Kingdom; Johannesburg in South Africa; Kenya and Rwanda in East Africa; Côte d’Ivoire and Nigeria in West Africa; and Hong Kong.

ALSO READ-BRICS Chamber of Commerce Launches UAE Chapter

Previous Story

Iran rejects US claims about Tehran-Moscow space deal

Next Story

White House Defends Harris’ Meeting With Israel’s Gantz

Latest from -Top News

Palestine Seeks Record UK Compensation

Palestinian Authority President Mahmoud Abbas cites international law, seeking compensation for land and perceived injustices during British rule….reports Asian Lite News Britain faces a £2 trillion reparations claim from the Palestinian Authority

Khalistan Network Under Fire in Canada

Indian agencies regularly share intelligence with their Canadian counterparts, including on groups like Babbar Khalsa International, but the current focus is firmly on SFJ….reports Asian Lite News The arrest of Inderjeet Singh

India, France Hold Nuclear Talks

The meeting, held on Monday, reviewed progress in bilateral civil nuclear cooperation and explored avenues to deepen the strategic partnership…reports Asian Lite News India and France convened the second meeting of their

Trump to Meet Pak PM at UNGA

The US President has already engaged with Pakistan’s military leadership, having hosted Army Chief Asim Munir for a lunch meeting in June….reports Asian Lite News The White House announced on Monday that

EU’s Kallas Calls India ‘Reliable’ Partner

The EU said its closer partnership with India is increasingly becoming vital in the wake of the shifting geopolitical realities…reports Asian Lite News European Union’s top diplomat Kaja Kallas has reaffirmed that
Go toTop

Don't Miss

MBRSC launches Emirates Space Art Programme

ESAP will serve as a platform to bring together a

Mahatma Gandhi’s bust unveiled in Dubai

The UAE minister highlighted the message of peace, civility and