Dubai Chamber introduces Emirati companies to investment opportunities in South Africa

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Dubai Chamber, represented by its office in Mozambique, in cooperation with the UAE-South African Business Council and “ABSA”, organized a virtual seminar attended by 113 participants from the UAE and South Africa, to introduce economic opportunities and bilateral cooperation between the UAE and South Africa, and to enhance Dubai’s position as a gateway and global center For South African companies and businesses.

The virtual symposium aimed to introduce participants from Emirati companies to investment and new business opportunities in various sectors in South Africa, in addition to the advantages and facilities provided by Dubai as an international business center, and to shed light on the economic landscape of South Africa from different points of view, and the existing economic synergies with the UAE.

During his speech at the symposium, Omar Khan, Director of External Offices at the Dubai Chamber, said that South Africa is one of the markets of strategic importance to Dubai and the Dubai Chamber, noting that the Chamber is focusing its efforts on exploring business prospects in the country, through its existing representative offices. across Africa.

He added that over the past few years, Dubai has consolidated its position as a preferred trading hub and an attractive destination for South African companies.

Khan explained that Dubai’s non-oil trade with South Africa has grown significantly in recent years, to exceed four billion dollars (about 14.7 billion dirhams) during the past year, pointing out that the UAE-South African Business Council, which was established years ago under the umbrella of the Dubai Chamber, He plays a crucial role in building bridges between UAE and South African companies.

For his part, President of the UAE-South African Business Council, Paul Potterjet, said that Dubai is working at an accelerator to strengthen and advance bilateral relations between the Middle East and Africa region, noting that the council plays an important role in promoting and establishing new partnerships between the two sides, stressing that through Dubai, we can Companies from South Africa have access to global markets.

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