What's Hot

    Unlocking Nigeria’s maritime potential – NESG explores path to prosperity

    September 27, 2023

    Oman’s Duqm Refinery completes start-up

    September 25, 2023

    CYNK – Africa’s first verifiable carbon market launches in Kenya

    September 22, 2023
    Gulf Africa ReviewGulf Africa Review
    • Industry
    • Infrastructure
      1. Airport
      2. Hospitality
      3. Ports
      4. Power
      5. Rail
      6. Roads
      7. Transport
      Featured

      Osun seeks to capitalise on infrastructure momentum

      Infrastructure May 21, 2018
      Recent

      India reveals expansive rail and ports corridor for Middle East and South Asia

      September 13, 2023

      Green energy – UAE funds African projects through $4.5 billion initiative

      September 6, 2023

      West African ports benefit from international investment

      September 1, 2023
    • Business & Trade
      1. Agri-Business
      2. Entrepreneurship
      3. FDI
      4. Legislative
      5. MEA
      6. Telecoms
      7. Properties
      Featured

      Analysts predict bullish future for Nigeria’s REITs market

      Business Business & Trade January 21, 2018
      Recent

      Unlocking Nigeria’s maritime potential – NESG explores path to prosperity

      September 27, 2023

      CYNK – Africa’s first verifiable carbon market launches in Kenya

      September 22, 2023

      Ionic Rare Earths engages DRA Global to advance Makuutu Development

      September 20, 2023
    • Finance
      1. Banking
      2. Islamic finance
      Featured

      MENAT to see investment flows increase substantially

      Business Business & Trade Finance September 4, 2023
      Recent

      MENAT to see investment flows increase substantially

      September 4, 2023

      Ballim – GGC can play a major role in Africa

      July 17, 2023

      Africa50 invests USD 6.6bln in infrastructure over 6 years

      July 7, 2023
    • Innovation
    Gulf Africa ReviewGulf Africa Review
    Business

    Dubai hosts Ethiopian trade delegation

    March 29, 20153 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Bilateral trade ties strengthened during Dubai-Ethiopian trade mission

    The Dubai Chamber of Commerce and Industry have recently hosted 31 Ethiopian government officials and business delegates, as part of the Emirate’s strategy to promote Dubai as a global business centre, while also increasing awareness for foreign direct investment opportunities.

    Members of the Ethiopian delegation included, Shisema Gebresilassie, head of Addis Ababa City Government Trade and Industry Development Bureau, Getachew Regasa, secretary general, Addis Ababa Chamber of Commerce and Sectorial Associations, who were greeted by Atiq Juma Nasib, senior vice president, commercial services sector, Dubai Chamber and forty members of Dubai’s private sector. Ethiopia is becoming one of the most stable and preferred investment destinations in the world thanks to the generous investment incentives introduced by the government and the five-year growth and transformation plan transforming the agriculture dominated economy into industry

    In his opening address, Nasib addressed the long standing cooperation between Dubai and Addis, stating; “Over the years there have been numerous visits and exchanges by high level Dubai Chamber and Addis Ababa Chamber officials which have strengthened the long serving ties between our two business destinations and this latest visit will help us highlight Dubai’s position as a safe and stable hub, besides strengthening African and Emirati ties.

    “On its part, Dubai Chamber is actively seeking ways to develop mutually beneficial business relations with key global partners. The markets of Eastern and Southern Africa are important to us. They have strong potential across a number of industry sectors, particularly trade and tourism.

    “This is why we opened our second international office in Addis Ababa in 2013, to bring our business communities closer together and to increase two-way business and investment between our two destinations.” Related article Bridging UAE liquidity to Africa’s powerhouse economy

    Exclusive: Following the launch of its Dubai office, Gulf Africa Review caught up with Access Bank UK’s C.E.O, Jamie Simmonds, who tells us a…

    In 2014 non-oil trade between Dubai and Ethiopia was valued at $476 million, making the east-African nation Dubai’s 78th largest trade partner in value.

    Speaking on behalf of Addis Ababa City Government Trade and Industry bureau, Gebresilassie said, “Ethiopia is becoming one of the most stable and preferred investment destinations in the world thanks to the generous investment incentives introduced by the government and the five-year growth and transformation plan transforming the agriculture dominated economy into industry. The active participation of local and foreign private sector, especially from Turkey, India, China and the Middle East confirms the country’s march towards economic growth.”

    Ethiopia is becoming one of the most stable and preferred investment destinations in the world thanks to the generous investment incentives introduced by the government and the five-year growth and transformation plan transforming the agriculture dominated economy into industry

    Addis Ababa City Government Trade and Industry Development Bureau Atiq Juma Nasib bilateral trade Dubai Dubai Chamber Ethiopia
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleEtihad Airways’ cargo arm wins ‘Cargo Airline of the Year’
    Next Article Africa’s growth cities attract increased foreign real-estate investment

    Related Posts

    Business & Trade Trade Trade Finance

    Unlocking Nigeria’s maritime potential – NESG explores path to prosperity

    September 27, 2023
    Commodities Energy

    Oman’s Duqm Refinery completes start-up

    September 25, 2023
    Business & Trade Innovation

    CYNK – Africa’s first verifiable carbon market launches in Kenya

    September 22, 2023
    Add A Comment

    Comments are closed.

    LATEST STORIES

    Unlocking Nigeria’s maritime potential – NESG explores path to prosperity

    September 27, 2023

    Oman’s Duqm Refinery completes start-up

    September 25, 2023

    CYNK – Africa’s first verifiable carbon market launches in Kenya

    September 22, 2023

    Ionic Rare Earths engages DRA Global to advance Makuutu Development

    September 20, 2023

    Turkey Exporters Assembly plans Saudi-Turkish trade summit

    September 18, 2023
    • Business
      • Agri-Business
      • Entrepreneurship
      • FDI
      • Legislative
      • MEA
      • Properties
      • Telecoms
    • Infrastructure
      • Airport
      • Hospitality
      • Ports
      • Power
      • Rail
      • Roads
      • Transport
    • Finance
      • Banking
      • Islamic finance
    • Commodities
      • Agri commodities
      • Metals & minerals
      • Precious metals
    • Culture & Society
      • Education
      • Energy
    GAR logo
    © GulfAfricaReview.com 2014-2022, All Rights Reserved.

    Gulf Africa Review is a trade news and future networking platform for businesses leaders and trade organisations, established to first inform and secondly assist in facilitating the ongoing business and trade relations between the Gulf Cooperation Council countries and Sub-Saharan Africa. We aim to provide an apolitical voice for this channel of economic activity in a way that benefits both geographies by improving the availability of information about market events, developments and opportunities, while publicising the successes achieved by this ever-broadening regional relationship.

      Subscribe to our newsletter

      Type above and press Enter to search. Press Esc to cancel.