The Dubai Chamber of Commerce has introduced the institution of the Zimbabwean Enterprise Council whose essential goal is to advertise the business pursuits of Zimbabwe and Zimbabwean companies in Dubai.

The enterprise council additionally goals to advertise Zimbabwe-owned UAE-registered corporations in addition to their items and companies within the United Arab Emirates.

Maha Al Gargawi, Govt Director of Enterprise Advocacy at Dubai Chambers mentioned:

We goal to create new channels of financial cooperation between enterprise communities within the emirate and promising markets world wide.

Masking markets of strategic significance to Dubai, enterprise councils present the proper platforms for companies within the UAE and overseas to attach, collaborate and construct mutually useful partnerships.

These councils will help us as we additional broaden our presence throughout Africa, Latin America and the Center East and entice extra corporations and funding from these areas.

In his remarks on the institution of the brand new enterprise council, Rungano Harmless Nyaude, one of many founding members of the council, mentioned:

The Zimbabwean Enterprise Council within the UAE seems to be to play a pivotal function in rising the Dubai-Zimbabwe enterprise relations by bringing collectively Zimbabwean companies working in Dubai, constructing an ecosystem of coordination and networking which can in flip construct additional commerce corridors between the UAE and Zimbabwe.

The UAE is Zimbabwe’s second-largest export vacation spot market and thru coordination with stakeholders, it’s our mission to play a component in strengthening the commerce relations between the 2 nations and develop the enterprise footprint of Zimbabweans within the UAE.

Bilateral commerce between the UAE and Zimbabwe grew considerably between 2019 and 2021.

UAE imports from Zimbabwe reached US$2.3 billion in 2021 in comparison with US$1.5 billion in 2020 and US$904 million in 2019, whereas UAE exports to Zimbabwe had been US$209 million in 2021.

The principle merchandise of commerce between the 2 nations are treasured stones and metals. | Emirates Information Company

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