Browsing: Expo 2020 Dubai

Bilateral relations between the two countries improved after the UAE showed its benevolence. This was by sending aid in response to the Cyclone Idai storm in March 2019. Planeloads of humanitarian assistance were sent to Zimbabwe, which went a long way in helping victims and mitigating the impact of the cyclone. UAE also assisted the Southern African country’s fight against Covid-19 with a consignment of required medical drugs.

Early March, the new dispensation approved the establishment of a commercial consulate in the commercial hub of Dubai. Economic and trade attachés will operate in the consulate. This is an effort to complement investment promotion being done by Zimbabwe’s embassy in the UAE.

In a cabinet briefing published by The Herald on March 17, 2022, Minister of Foreign Affairs and International Trade Ambassador Frederick Shava said the development created an environment conducive to doing business.

Wachira’s dream was propelled by the Covid-19 pandemic which saw many schools closed and thus left many pupils with a lot of time in their hands.

To make the most out of the situation, Wachira kept himself busy fixing computers and other electronic devices for his peers so they could be able to learn online. He also conducted sharing sessions among underprivileged student communities in Kenya during the pandemic.

At the same time, Wachira completed advanced level training in robotics and various STEM disciplines under the mentorship of the STEM.org-accredited Unique World Robotics in Dubai.

Being a globally acclaimed property exhibition, IPS is the only top-class opportune event that remains committed to generating vast business opportunities for the real estate market and strengthening the emirate’s leading position as an investor-friendly city.   

From 24 – 26 March 2022, the real estate industry’s largest live-in-person exhibition will attract more than 20K visitors from over 40 participating countries. It will also gather leading real estate developers, top-tier investors, industry experts and professionals, under one roof where deals and transactions can be sealed instantly.

The International Property Show will be held at the Dubai World Trade Centre under the umbrella of Expo 2020 Dubai. To be a part of this unique offering of the real estate market, you can register here or book a stand. If unable to attend in person, you can also virtually participate and benefit from the rich offering of the IPS.

Coming under the theme ‘Connecting Minds, Creating the Future’, Expo 2020 Dubai which the IPS is part of, looks forward to building great partnerships, collaborations and sharing ideas that can shape the global future. The International Property Show 2022 anticipates a huge number of visitors, exhibitors and VIP officials from around the world.

At the Foreign Direct Investments (FDIs) and Foreign portfolio investment (FPIs) Workshops, the countries’ representatives, governments, and cities will gain new insights from renowned industry experts from across the globe that will enrich their experience, thereby enabling them to establish themselves as lucrative opportunities for investment.

At the Foreign Direct Investments (FDIs) and Foreign portfolio investment (FPIs) conference sessions, participants from countries and government departments will be sharing expert insights, best practices, and ideal investment policies. They will also be taking part in the fruitful discussions that specialists from the investment community will lead to explore relevant topics about AIM’s first pillar – Foreign Direct Investment FDI.

At the AIM 2022 exhibition, the best local and international exhibitors across the globe, including the representatives of countries and investors, will gather to achieve economic growth for their respective countries and regions.

The 2022 edition of AIM will be focusing on the crucial role that Investment Promotion Agencies (IPAs) are playing in the global investment arena.

In collaboration with KPMG, British-Dutch multinational professional services network, AIM aspires to utilize the AIM Global 2022 Investment Awards to recognize the best performing Investment Promotion Agencies IPAs across the globe.

KPMG firms work in 145 countries and territories, with over 236,000 employees. With three lines of services – financial audit, tax, and advisory – KPMG is helping global organizations mitigate risks and grasp opportunities, thus driving positive, sustainable change for clients, people, and society.

Many investors are getting more and more cautious about the stability of business environments and the risks that come with them.

Small and Medium enterprises are now poised to play a crucial role in stabilizing and fixing the global economy. SMEs substantially outnumber big shareholding companies and create more job opportunities. They are inherently entrepreneurial, substantially contributing to the shaping of innovation globally.

All the creators and participants of the Annual Investment Meeting agree that SMEs are the centre and the life of emerging and developed economies. Small and Medium Enterprises are also critically important for driving global economic growth and achieving global Sustainable Development Goals.

The Polish Ministry of development is launching a new trade and investment agency aimed at supporting Polish businesses to expand abroad, with a focus on African and Asian markets. 

In 2017, the Polish Agency for Investment and Trade (PAIH) started operating within the Polish Development Fund (Group PFR) to develop Polish businesses. Group PFR implements financial instruments for trade purposes.  

The launch was due to the fact that the Polish government was focusing on several sectors including information communications technology (ICT), pharmacy to cosmetics, biotechnology, fashion and food. 

According to the Mohamed Ali Al Shorafa Al Hammadi, Khalifa Fund, and the Abu Dhabi Department of Economic Development Chairman, the directive of Sheikh Mohamed bin Zayed Al Nahyan to establish a centre for innovation and tech-focused entrepreneurship in Kenya comes as part of the UAE’s ongoing commitment to contribute towards empowering talented innovators and entrepreneurs globally.

“With centres such as these, we provide entrepreneurs with resources, support and guidance to contribute to their local and global economy, bringing about positive economic implications and security,” Al Shorafa said.

He added that the collaboration between the United Arab Emirates and Kenya through the Khalifa Fund would see Kenya having the same levels of achievement as has been experienced in the United Arb Emirates.

The report notes that figures reveal that the region’s share of Dubai total trade grew considerably over the years. In 2020, it was the emirate’s third-largest trading partner in Africa, with total trade value hitting US$12.2bn. This was a 24.4 per cent share of Dubai’s trade with Africa.

East Africa’s trade with Dubai is relatively balanced.

Imports accounted for 43 per cent of trade activity, while re-exports and exports made up 42 per cent and 15 per cent in 2015-2020. Imports grew 22 per cent in the same period, while exports grew 15 per cent, and re-exports 3 per cent.