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
  •  Global Business Forum Africa Kicks off 5th edition in Dubai
  •  Dubai's non-oil trade with the continent stood at AED 926 billion in the 2011-2018 period
  •  Dubai is Africa's gateway to new markets, building on its strong presence on the global economy map and its role in advancing international trade
  •  GBF Africa has become a leading platform for expanding UAE-Africa economic cooperation and forging partnerships 
  •  Africa is a market of strategic importance to Dubai and a key focus of Dubai Chamber global expansion strategy 
  •  Dubai is well-equipped to support and drive the next phase of Africa's growth and development
 
Dubai, UAE - November 18, 2019:  Dubai's non-oil trade with Africa will exceed AED 1 trillion for the period extending from 2011 until the end of 2019, asserted His Excellency Majid Saif Al Ghurair, Chairman of Dubai Chamber, noting that it had already reached AED926 billion in the 2011-2018 period.
H.E. Al Ghurair made the announcement in his opening speech at the fifth edition of the Global Business Forum Africa (GBF Africa) in Dubai as the two-day forum kicked off today (18 November 2019), asserting that the African continent is a key partner in Dubai's plans to diversify its economy.
Organised by Dubai Chamber of Commerce and Industry (Dubai Chamber) under the patronage of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice 
 
President and Prime Minister of the UAE and Ruler of Dubai.
 
In his opening speech, H.E. Majid Saif Al Ghurair highlighted the long-established UAE-African relations in all fields, and Dubai's status as Africa's gateway to new markets building on its strong presence on the global economy map and its role in advancing international trade.
Al Ghurair noted that over the course of its five previous editions, GBF Africa has become a leading platform for expanding UAE-Africa economic cooperation and forging partnerships across different markets.
 
“With the support of H.H. Sheikh Mohammed bin Rashid Al Maktoum, the forum has seen considerable growth in terms of significance and number of participants, bringing together heads of state, policymakers and business leaders to identify exciting business prospects emerging across the continent,” Al Ghurair explained.
 
“The African market is a market of strategic importance to Dubai and a key focus of Dubai Chamber's expansion strategy and we are closely monitoring developments and the business climate in Africa to identify growth opportunities available for our members,” H.E. Al Ghurair explained, underlining the huge potential to boost UAE-Africa trade and investment flows following the launch of the African Continental Free Trade Area (AfCFTA) earlier this year.
 
Al Ghurair asserted that Dubai is well-equipped to support Africa's next phase of growth and development, especially as the emirate offers valuable expertise in several key sectors, including logistics services, infrastructure, retail, tourism and finance.
 
Held under the theme ‘Scale Up Africa', GBF Africa 2019 is among the world's largest events focusing on Africa's economic potential, highlighting business and investment potential and opportunities on the continent. 



Posted by : GoDubai Editorial Team
Viewed 3282 times
Posted on : Monday, November 18, 2019  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Dubai Cares announces new education commitment at UNESCO's 40th General Conference in Paris
Next Story : Dubai Customs celebrates World Quality Day 2019
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
Chlo's Iconic Carlina Sunglasses In a Precious New Interpretation
Holiday Hair-Styling Essentials from VIERRO
Luxe Beauty Gifts for your Loved Ones this Festive Season
'Tis the Season to Be Glamorous - Beauty Essentials from GlamBeaute.com!
Homegrown Jewellery Brand Sumaya Bakkar Collections Curated Festive Gift List
Your Holiday Gift Guide for Her
Arabic version of Zoho Creator launched to help businesses create custom applications
Berkan Steakhouse Launches in Dubai
Union Coop Pays Tribute to the Martyrs on Commemoration Day'
New year, New You with Lunette
ENEC Releases 'Tasamoh' a Rehabilitated Green Turtle and organizes Beach Cleanu...
Uncovering the Beauty of Mechanics'
China Homelife the Largest China Sourcing Platform Set to Showcase a Wide Variet...
Dubai Festival City Mall Visitors In for A Jolly Festive Season Like No Other in...
Dubai Cares' Volunteers bring hope to children in remote village in Senegal
Cole Haan Makes Its Debut at Sole Dxb 2019 Showcasing Footwear Collaborations
Emotional and highly dynamic: the design of the MINI John Cooper Works GP.
Free gold coins at Malabar Gold & Diamonds Festival.
NYU Abu Dhabi Class of 2017 graduate Alioune Fall named as 2021 Schwarzman Scholar
Customs World inks MoU with Indonesia to roll out World Logistics Passport
The Middle East Organic Market's Premiere Business Event Opens In Dubai
Statement Cardigans
GROHE received the Red Dot: Brand of the Year
Best Menswear Items
Weather-proof your hair with HASK
Set Up Stylish Outdoor Spaces with 2XL Furniture & Home Dcor
Hyundai's all-new 2020 Sonata now available in the UAE
DP World joins forces with Dubai Cares in giving a new facelift to Umm Al Qura S...
Reuben Kipyego and Vivian Kiplagat Win 2019 Adnoc Abu Dhabi Marathon
Annual DIAC Conference examines impact of UAE Arbitration Law
Air Cargo Peak Season off to Slow Start, Annual Demand down 3.5% in October
Al Qemzi Claims Abu Dhabi Grand Prix Pole With Brilliant Surge
Lewis Hamilton Tops Off Sixth World Title With Victory at Formula 1 Etihad Airwa...
Emiratis and expats set off to a two-week Camel Trek across the UAE desert
World Muslim Communities Council hosts first International Youth Forum in Abu Dhabi
Information City concludes "Al Saada" initiative
Truesteam Technology by Lg is Setting A New Standard for Hygiene
ENEC welcomes visit by senior Emiratis to headquarters in Abu Dhabi
Abu Dhabi Airports awards retail spaces at Midfield Terminal to Lulu Group
1247 Media joins du to offer free unlimited WiFi UAE data to RTA taxi users
EASA extends Part 145 certification of SriLankan Engineering
Give a cat a loving home
Eberhard & Co. and the new Quadrifoglio Verde chronograph, dedicated to the p...
Abu Dhabi Digital Authority's TAMM' initiative awarded with the Sheikh Salem Al...
'Herman Miller and DIDI announce the winners of the Ergo Chair - Student Design...
Pre-school launches initiative encouraging children to stay hydrated
Race Legend Back After Breaking Neck Sees More World Titles on the Way to Abu Dhabi
3rd Saudi Maritime Congress announced for March 2020
Federal Transport Authority inks MoU with International Maritime Organization in...