Al Ghurair: Number Of ASEAN Companies Registered With Dubai Chamber Increases By Over 35 Percent To Exceed 3,300 #Dubai - Dubai City Guide
Guest Posts, Link Building, SEO, Pay-Per-Click campaigns
Advanced Search
Download our Media Kit

Restaurants

Education


 





Home / News / Company News
Company News
   

Al Ghurair: Number Of ASEAN Companies Registered With Dubai Chamber Increases By Over 35 Percent To Exceed 3,300
(8 December 2021)
High-level forum explores new avenues of economic cooperation between UAE and ASEAN markets.


 

His Excellency Abdulaziz Al Ghurair, Chairman of Dubai Chambers,has revealed that the number of companies from the Association of Southeast Asian Nations (ASEAN)registered with Dubai Chamber has increased by 35.5% since 2018 to exceed 3,300 today.

The announcement was made by His Excellency during his opening speech at the first Global Business Forum (GBF) ASEAN, which commenced today (Wednesday, December 8) at Expo 2020 Dubai.

Bearing thethemeThe New Frontiers,GBF ASEAN is organised by Dubai Chamber under the patronage of His HighnessSheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The two-day forum aims to explorestrade synergies build new bridges of economic cooperation between the UAE and ASEAN markets.

Discussing the alreadystrong economic ties that exist between Dubai and the 10-member states that make up the ASEAN region, H.E. Al Ghurairstressed that there were even more possibilities that were opening up in the wake of the global pandemic, with enhanced cooperation and partnership the key to capitalising on trade and investment potential.

“Dubai-ASEAN non-oil trade in the last five years reached around $110 billion (AED 404 billion). Yet, there is huge potential to expand bilateral trade further and tap into existing synergies.In order for this to happen, we must work together to remove trade barriers, facilitate ease of doing business and identify new areas where we can align our ambitions,” he said.

During his speech,His Excellency drew attention to initiatives that Dubai has introduced to open up trade between the emirate and ASEAN countries, with the World Logistics Passportbeing one such development aimed at improving commerce between the regions.

“To encourage South-South trade, Dubai launched the World Logistics Passport under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. I call on ASEAN countries that have not yet joined the World Logistics Passport to do so toutilisethis network to expand trade links and boost their global profile and reach,” he said.

The inaugural GBF ASEAN is being held conjunction with Expo 2020 Dubai – the first world expo in the Middle East, Africa and South Asia (MEASA) region, and the largest event ever held in the Arab world.

GBF ASEAN, the latest addition to Dubai Chamber’s Global Business Forum series, aims to identify mutual growth opportunities between Dubai and ASEAN, both of which have shown resilience during the global pandemic. The forum features a comprehensive programme of keynote address, presentations, discussion panels and workshops all designed to explore ways of increasing economic partnerships in key areas.

We accept Guest Posts


DubaiCityGuide.com is owned and managed by Cyber Gear



  All fields are mandatory
Your Name
Email
City
Country
Your Comments
 Max 250 characters - Word Count :
Image Verification
Change Image

     
 
email print
 

Sponsored By : PressReleaseNetwork.com           Sponsored Opportunities

       
       
   
       

Hotels hotels Check out Hotels in Dubai
Shopping shopping A complete Mall & Store Guide
Dining dining Eating out at the coolest spots
Sightseeing sightseeing Things to see & do
DCG Recommends dcg recommends Best of the best in Entertainment
News Alerts
News Alerts
Stay ahead with dubai news
dcg mobile
dcg Mobile
With you wherever you go
rss feed
RSS Feeds
Get the latest
dubai blog
Dubai Blog
Your space, your voice
sitemap
Sitemap
DCG at a glance