Browsing: H.E Hamad Buamim

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. …

As one of the leading international centers of business, Dubai has positioned itself as a major commercial hub globally. Entrepreneurship stands as a hallmark of distinction, and the Dubai Chamber of Commerce and Industry has been a leading dynamic in enabling business growth, innovation and expansion, not only within Dubai, but worldwide.

Under the leadership of President and CEO H.E. Hamad Buamim, the Dubai Chamber of Commerce and Industry has been instrumental in expanding relations between the world and Dubai, and this year in November 2019, it will host the upcoming Global Business Forum Africa (GBF Africa).

With more than 17,000 African companies already registered as members of the Dubai Chamber of Commerce and Industry, the upcoming GBF Africa, under the theme of “Scale-up Africa”, seeks to play a critical role in bridging greater business ties between Dubai and Africa. With economic development poised to grow exponentially in the continent …