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 6618 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
Foreo Set to Break the Beauty Stratosphere According to Experts
Mother's Day Gift Guide 2020
Dina Akesbi joins Clio Beauty on the Professional Beauty GCC Mainstage on 18th Feb!
St Valentine's Day'
6 Trends That Will Dominate Beauty in 2020 According to Foreo
Korea's Number One Beauty Brand Innisfree All Set to Celebrate the Grand Opening...
Jaguar Land Rover on Tour Sheikh Hamdan's Falcons Dominate Hurr Category in Fakh...
V-Motif Western
Costa Coffee Introduces 4u Healthy Food Range Across All UAE Stores in Partnersh...
Rado True Thinline Les CouleursTM Le Corbusier'
Corum Admiral's Cup Legend 47 Worldtimer'
5 Ways To Bring Spring's Top Trends Into Your Wardrobe
HONOR Launches the Iconic Glass Designed HONOR 20 in the UAE
City of Gold Rewarded 200 Jewellery Shoppers With 4 Million Worth of Dubai City ...
Made in Italy: Top Picks from the Latest Deborah Milano Make-Up Range
Introducing Zeitun Premium Face Care Collection
Samsung's New Galaxy S20 Now Available for Pre-Order in the UAE
SPORTMAX 50th Anniversary Capsule Collection
Marks & Spencer, Britain's Best Loved Denim
Dubai Customs Graduates 1st Batch of “Dubai Customs Leaders” Program
Team Abu Dhabi Riders Grab Double Triumph On Dramatic Race Day in Kuwait
Italian Food Exports to the UAE Increases by 11%, Reports ITA Ahead of Italian P...
Aston Martin DBX Makes First Public Appearance in UAE
Union Coop to Sponsor the FAZZA Championships for People of Determination 2020
AS World Group Global Roadshow Promotes Expo 2020 Dubai at 33rd African Union Su...
Arla Foods Introduces New Baby&me Organic Products to Saudi Arabian Market
Spring is in the Air at West Elm
Now at IKEA Dubai you can buy with your time. IKEA's latest innovation converts ...
How to Beat Pigmentation with DERMAdoctor
Create the Ultimate Home Cinema Room With LG
Artificial Intelligence Seen to Play a Significant Role in Driving Success Rate ...
Parmigiano Reggiano Consortium Participates in Gulfood
Buyers Rush for Majid Al Futtaim's First ‘Elan' Townhouses at Tilal Al Ghaf
The Award-winning #burjumanfoodart Festival is Back by Popular Demand!
Heart-Winning Accessories from 2XL Furniture & Home Décor
Hyundai Launches the All New I30 N in South Africa
Rate Hawk is Live with Global Innovations Flagship Product TassPro and Itinerary
Karl Lagerfeld Valentines Special
Achieve Gorgeous and Radiant Skin in Only 90 Seconds
The Bentley Mulliner Bacalar – the Future of Coachbuilding
His Highness Sheikh Hamdan Bin Rashid Al Maktoum Opens Gulfood 2020
Cisco Launches a Comprehensive Security Architecture for Industrial IoT
Abu Dhabi University Celebrates UAE Innovation Month
UAE Community Takes Millions of Steps in Solidarity With Children Who Walk Long ...
“Planet Positive” is Tetra Pak's New Way of Doing Business
Hala and Etisalat Team Up to Strengthen Dubai Taxi Captains' Bond With Their Fam...
Sorbonne University Abu Dhabi (SUAD) to Host Open Day for Prospective Students
Tsitsipas Ready to Launch Another Bid for Dubai Duty Free Tennis Championships
KIZAD to Participate in GulFood 2020 to Showcase Competitive Advantage
Dubai Chamber Honours Top-performing Trading Companies