Abu Dhabi Chamber Discusses Investment Opportunities With South Africa
Faizan Hashmi Published September 11, 2018 | 09:46 PM
The Abu Dhabi Chamber of Commerce and Industry and a delegation from South Africa discussed various investment and cooperation opportunities and the means of developing the economic relations between both sides.
ABU DHABI, (UrduPoint / Pakistan Point News / WAM - 11th Sep, 2018) The Abu Dhabi Chamber of Commerce and Industry and a delegation from South Africa discussed various investment and cooperation opportunities and the means of developing the economic relations between both sides.
The discussion took place during a meeting between Abdullah Ghareer Al Qubaisi, Deputy Director-General of the Abu Dhabi Chamber of Commerce and Industry, in his office at the chamber’s premises, and Saad Cachalia, Ambassador of South Africa to the UAE, and his delegation.
Al Qubaisi stated that the exceptional relations between the two countries have created opportunities for their companies and institutions to strengthen their cooperation in launching economic and investment projects in South Africa. He also pointed out that the past few years have witnessed a noticeable rise in the presence of Emirati companies in South Africa.
Al Qubaisi noted that the chamber will prioritise its efforts to improve the economic and investment relations between companies and institutions from Abu Dhabi and South Africa, as well as promote development and growth and advise its private sector members, by researching about promising investment sectors that are part of the business environment of South Africa.
Cachalia expressed his happiness at representing his country in the UAE while affirming that it is a model country and has a prestigious regional and international stature, thanks to the wise policies of President His Highness Sheikh Khalifa bin Zayed Al Nahyan. He also commended Abu Dhabi, which, he said, has the components needed for a sophisticated tourist city.
The Government of South Africa aims to overcome the obstacles facing Emirati investors, intensify its cooperation and coordination with the chamber, and benefit from excellent local services, Cachalia said in conclusion.
Related Topics
Recent Stories
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 26 April 2024
Today Gold Rate in Pakistan 26 April 2024
ICC Womens T20 World Cup Qualifier, Match 2: Ireland Women open with Comfortable ..
Robinson, bowlers help New Zealand go 2-1 up against Pakistan
Shahzeb Chachar to hold khuli kachehri on April 26
Heatwave amid Israel's aggression in Gaza brings new misery, disease risk
Tourism must change, mayor says as Venice launches entry fee
Court adjourns Judicial Complex attack case till May 17
Nasreen Noori’s book ‘Popatan Jahra Khwab’ launched
Wafaqi Mohtasib inspection team visits Excise and taxation office
AJLAC announces 5th Conference titled ‘People’s Mandate: Safeguarding Civil ..
Pak-US officials engage to enhance trade, investment ties
More Stories From Middle East
-
UAE announces ‘Zero Bureaucracy Program’ to reduce bureaucracy
3 months ago -
COP28 President-Designate welcomes Transitional Committee agreement to operationalise Loss and Damag ..
6 months ago -
Global Media Congress 2023 to feature Co-Production Majlis as a new networking platform
6 months ago -
Young female athletes shine at Abu Dhabi World Youth Jiu-Jitsu Championship
6 months ago -
King of Jordan receives Abdullah bin Zayed and ministers participating in Arab coordination meeting
6 months ago -
Abdullah bin Zayed participates in coordination meeting of Arab foreign ministers, joint meeting wit ..
6 months ago
-
3rd annual conference of Emirates Society of Clinical Microbiology kicks off in Dubai
6 months ago -
SIBF 2023 hosts Nobel laureate to discuss emergence of ‘Afrofuturism’ in global discourse
6 months ago -
ALC announces winners of Kanz Al Jeel Award 2023
6 months ago -
SIBF turns spotlight on remarkable contributions of women
6 months ago -
Global assets in spot bitcoin ETFs hit $4.16 billion
6 months ago -
Rescuers struggle to find Nepal quake survivors as deaths reach 157
6 months ago