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 6129 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
Lockdown Showdown: Jaguar I-pace Etrophy Series to Get Back on Track in Berlin i...
Three Eggs get Yemeni National a Guinness World Records Title
Omega's Antimagnetic Tourbillon Is a Watchmaking Breakthrough
Lamborghini SCV12: Squadra Corse Hypercar Ready to Hit the Track
The new BMW M5 and BMW M5 Competition
Toric Tourbillon Slate
GROHE Smart Control Review
Twitter tests Tweeting with Voice
Saxo Bank Launches Loyalty Program for MENA Region Clients
Hyundai Motor and Sony Pictures Entertainment Announce Unique and Pioneering Mul...
American Aesthetic Medical Center Has Something in Store for the Esthetical Figu...
WTTC Launches Safe Travels Protocols for Attractions, Car Hire and Short-Term Rental
NUDESTIX Launches - Nudies Blush, Bronze, and Glow Shade Extension
Volvo Cars Chengdu Car Plant Powered by 100 Per Cent Renewable Electricity
Range Rover Marks 50 Years of All-terrain Innovation and Luxury With Exclusive N...
Under-12 and Over-60 Can Now Take Part in Sports Activities: Dubai Sports Council
Dabur Ensures Safety with Hand Sanitizers and Personal Protection Kits as UAE Es...
Let's Brigthen Up! The Face Shop's Ultimate Summer Skincare Range From Belif is Here!
Handy Helper for Content Creators: The Compact A6100 Mirrorless Camera from Sony...
Pre-orders for Samsung's Galaxy S20+ 5G and Galaxy Buds+ BTS Edition now open in...
Experts Highlight need for Young Talent to Develop Skills for a Post-Covid-19 World
Dabur Launches Pure Organic Coconut Oil: Natural Protection for Hair, Skin, and ...
GEMS Wellington Academy – Al Khail Improves Rating to 'Very Good' in KHDA DSIB 2...
Etihad Airways to Recommence Flights to Athens
Dubai Sees Pronounced Uptick in Demand for Retail Units
Book Building of Amlak International's IPO of 30% of Shares
Sanctuary for the Senses: All-New Lincoln Corsair Arrives with Whisper-Quiet, Co...
Essence Spring/Summer 2020 Collection
Registration Opens for Training On the Camel Trek and Camel Marathon for Expats
Covid-19 Leads UAE Businesses to Adopt Upgraded Green Building Solutions
Dubai Sports Council Discuss Upcoming Sports Events With Federations and Organisers
Dubai Sports Council to Celebrate Dubai's COVID-19 Heroes Through Commemorative ...
Turkish Airlines Was the Busiest Operator in the Eurocontrol Area After Restarti...
Celebrate Father's Day With Parmigiani Fleurier Tondagraph Slate'
INFINITI of Arabian Automobiles presents Dubai Islamic Bank customers Super Sale...
Crude Oil Headwinds on Virus and Technicals
Customers can Benefit from Increasing Gold Rate by just Paying 10% Advance at Ma...
Canadian University Dubai Receives Prestigious Certification in Education for Pu...
Report Reveals the Six Fintech Innovations That Will Boost the ‘Financial Health...
Serco Middle East Appoints New Managing Director for Dubai Metro and Dubai Tram
Big Bang Integral King Gold
Pan Emirates Unveils Exclusive New Collection
Digital Vision Technology Signals On-Track Success for Panasonic Jaguar Racing
Schneider Electric Extends Strategic Partnerships with AVEVA, Lenovo and Stratus...
Celebrate World Music Day with HONOR Magic Earbuds
The 11th Edition of the Arab Fashion Week to Launch Virtually Today, from June 2...
New Bentayga to Launch Beyond100
Cairo Amman Bank Adopts the Latest Technology to Enhance Performance and Securit...
Celebrate Summer Safely with the New, Shopping Normal at BurJuman
Registration open for Dubai Watersports Summer Week