- AlGargawi: Protecting 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 helpful partnerships.
- The launch of the Zimbabwean Enterprise Council is in step with the chamber’s plans to determine new country-specific enterprise councils and increase their roles to spice up Dubai’s international commerce and promote cross-border enterprise alternatives for member firms.
Dubai, UAE – Dubai Chamber of Commerce has supported the institution of the Zimbabwean Enterprise Council with a important goal of selling business pursuits of Zimbabwe and Zimbabwean enterprise in Dubai. The enterprise council additionally goals to advertise Zimbabwean owned UAE registered firms in addition to their items and providers within the UAE.
The launch of the Zimbabwean Enterprise Council is in step with the chamber’s plans to determine new country-specific enterprise councils and increase their roles to spice up Dubai’s international commerce and promote cross-border enterprise alternatives for member firms.
“We purpose to create new channels of financial cooperation between enterprise communities within the emirate and promising markets world wide. Protecting 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 helpful partnerships. These councils will help us as we additional increase our presence throughout Africa, Latin America and the Center East and entice extra firms and funding from these areas,” mentioned Maha AlGargawi, Government Director of Enterprise Advocacy at Dubai Chambers.
Commenting 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 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 is able to 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 an element in strengthening the commerce relations between the 2 nations and develop the enterprise footprint of Zimbabweans within the UAE.”
Bilateral commerce between UAE and Zimbabwe witnessed robust progress between 2019 to 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 accounted at US$ 209 million in 2021. Most important merchandise of commerce between the 2 nations are valuable stones and metals.
The brand new enterprise council will additional strengthen burgeoning commerce relations between Zimbabwean firms and the enterprise group with different firms within the UAE, contributing to a rise in commerce quantity between the 2 nations.
The institution of the Zimbabwean Enterprise Council is a collaborative effort in bettering the convenience of doing enterprise in Dubai along with making a supportive, enabling and world-class enterprise surroundings within the emirate.
-Ends-
About Dubai Chamber of Commerce:
Established in 1965, Dubai Chamber of Commerce continues to symbolize, help and shield the pursuits of the enterprise group in Dubai, create a stimulating enterprise surroundings and promote the emirate as a worldwide enterprise hub. The Chamber is one in all three chambers working below the umbrella of Dubai Chambers, which was restructured below a decree issued by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
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