GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share
• During a visit to Dubai Chamber, HE Edgar Chagwa Lungu calls on UAE companies to explore attractive investment and trade opportunities emerging across Zambia 
• HE Majid Saif Al Ghurair: There is plenty of scope to expand Dubai's non-oil trade with Zambia which has increased steadily in recent years to reach $206 million in 2018
• Agriculture, food processing, tourism, renewable energy, logistics and commodities identified as priority sectors where UAE companies and Zambian counterparts can boost cooperation
 
 
Dubai, UAE - November 28, 2019:   Recent statistics show vast untapped potential to boost Zambian exports to the UAE and further explore bilateral business opportunities, HE Edgar Chagwa Lungu, President of the Republic of Zambia, said yesterday during a visit to Dubai Chamber of Commerce and Industry's headquarters.
 
A high-level delegation led by the Zambian President was received by H.E. Majid Saif Al Ghurair, Chairman of Dubai Chamber; H.E. Ali Al Shafar, Board Member – Dubai Chamber; Hassan Al Hashemi, Vice President, International Relations, Dubai Chamber; Omar Khan, Director of International Offices, Dubai Chamber; and prominent UAE business leaders, many of whom head companies that have already established a presence in Africa.  
 
Joining the President in the meeting with Dubai Chamber officials were Hon. Joseph Malanji - Foreign Affairs Minister of Zambia; Hon. Christopher Bwalya Yaluma - Minister of Commerce of Zambia; H.E. Chalwe Lombe - Foreign Affairs Permanent Secretary of Zambia; H.E. Ambassador Ibrahim Mumba - Zambian Ambassador to Saudi Arabia; and H.E. Duncan Mulima – Zambian Consul General in Dubai.
 
During the meeting, H.E. Lungu called on UAE companies to explore attractive investment and trade opportunities that are emerging across Zambia as the country looks to diversify its economy and create an investor-friendly business environment.
 
H.E. Lungu said the UAE and Zambian companies would benefit by expanding their cooperation in key sectors of mutual interest, namely agriculture, food processing, tourism, renewable energy and commodities, adding that his country is in scaling up energy infrastructure and attracting investments for solar power projects.
 
He highlighted several advantages that Zambia offers foreign investors and companies, such as its strategic location offering easy access to other promising markets in Southern Africa, fast-growing population, rising consumer demand, developing mining sector and the availability of fertile farmland. 
 
Addressing the Zambian delegation, H.E Al Ghurair described the Zambian President's visit to the UAE as an important development that has established an open and constructive dialogue on new ways that the two countries can collaborate and build bridges between their business communities. He noted that Dubai Chamber's representative office in Mozambique closely monitors the business landscape in Zambia and other countries in Southern Africa, adding that it can provide resources and support to Zambian companies that are keen to learn more about Dubai and explore growth opportunities in the market.
 
Dubai Chamber's Chairman echoed the Zambian President's call to expand Dubai-Zambia non-oil trade, which has increased steadily in recent years to reach $206 million in 2018. The current timing is ideal for Zambian companies to visit Dubai and establish a presence in the emirate, HE Al Ghurair said, adding that Expo 2020 would offer plenty of opportunities to advance UAE-Zambia economic cooperation.



Posted by : GoDubai Editorial Team
Viewed 6070 times
Posted on : Thursday, November 28, 2019  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : China Homelife the Largest China Sourcing Platform Set to Showcase a Wide Variety of Products
Next Story : Formula 1 meets Virgin Hyperloop One: California-based Developer to Showcase Passenger Pod at This Y...
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Drops of Youth
Start the Year with Gorgeous Glowing Skin with a Little Help from DERMAdoctor
Kanz Jewels proves to be a lucky destination for jewellery shoppers during DSF 2020.
Dubai Jewellers Expect a Steady Sale During the 25th Dubai Shopping Festival Pro...
Show your Support for Australia alongside THT – That Hair Tho
Malabar Gold & Diamonds - New Store opened in Kanpur, UP, India
The Winter Youth Olympic Games Lausanne 2020
OMEGA Ready to Time The Winter Youth Olympic Games Lausanne 2020
Foreo Reveals the Ultimate Valentine's Gift List for Women
Eberhard & Co. Gilda timepiece makes an extraordinary Valentine's Day gift
Zeitun Cosmetics Launch in UAE
Corum And Joachim Horsley Light Up The Folies Bergère
Elegant diamond-swathed Kalpa Kalparisma set to dazzle fine watch enthusiasts
160 Years Young: Tag Heuer Kicks Off a Milestone Anniversary With the Re-edition...
Beleaf's Top 5 Vegan Supplements
Seha Leads Discussions in Pediatric Medicine
Spice It Up With Szechuan! Shake Shack is Celebrating the Chinese New Year With ...
Oris pays tribute to the world's greatest jazz musicians with Art Blakey Limited...
Foreo Reveals the Ultimate Valentine's Gift List for Men
Fashion and Gifting for Valentine's Day - ECCO
Traversetolo Vitre in blue dial makes stunning impact
Etihad Airways and Easyjet Enter Into New Partnership
Why this is the right time for TMCs to automate their processes?
UAE Falconers League Kick Starts Competition with 10 teams in Al Ruwayyah
The Data Center Market in 2020: What to Expect
C Central Resort The Palm Welcomes 2020 with its Grand Opening in Dubai
Head to Freddy's for the Ultimate Frozen Custard Party
MoHAP's Training & Development Center Receives the Silver Award from the America...
Lg to Join Forces With Cerence on Ai-powered Connected Car Platform
HONOR Wins Big at CES 2020 with Growing Momentum of Wearables
Beleaf Opens its Fifth Store in Springs Souk
Secure Technologies and Artificial Intelligence in Focus for Airbus at Intersec 2020
HINO trucks dominate the UAE's fuel delivery sector
Filipino finds respite from a rare eye condition and poor vision
AU Offers 20% Discount to Ajman Government Staff
ETIHAD GUEST AND AIR MILES MIDDLE EAST PARTNER TO OFFER MORE WAYS TO EARN GUEST MILES
Emiratis deepen their love for falconry
Medical software company Evolucare Technologies presents its high-performance so...
Dalma Mall to Host Musical Evening With Takkat
Laetitia Casta in Ralph Lauren
World security, safety and fire protection experts converge in Dubai for Intersec
MBRU faculty performs pioneering surgery at Mediclinic to treat rare swallowing ...
Drive away in a brand-new Toyota for just AED 29 a day
Experience it all this DSF at Dubai Festival City Mall
Who wants to be a SHARE millionaire? Big wins await at Majid Al Futtaim shopping...
Sanad Powertech Awarded Shams Power Company Maintenance Contract
SteelFab 2020 introduces the latest Laser Metal Cutting Machine & the world's fi...
Lenovo and Nasr Esports partner to champion gaming talent in MENA
Volvo Cars and China Unicom collaborate on 5G communication technology developme...
DHA Drives Forward Patient Care with Pioneering 3D Printing Lab