Dubai Chamber explores latest innovations in business practices at the Rotterdam-Dubai Business Forum

Press release
Published March 13th, 2016 - 06:35 GMT
During the event
During the event

The Dubai Chamber of Commerce and Industry signed a Memorandum of Understanding (MoU) with the Netherlands Chamber of Commerce and Rotterdam Partners to enhance bilateral trade ties and to stimulate innovative economic partnerships between the business communities of the two countries.

The MoU was signed by H.E. Hamad Buamim, President & CEO, Dubai Chamber, and Mrs. Claudia Zuiderwijk, President of the Netherlands Chamber of Commerce and Mrs. Chantl Roest, Director Trade & Investment of Rotterdam Partners in the presence of H.E. Ahmed Aboutaleb, Mayor of the City of Rotterdam and H.E. Majid Saif Al Ghurair, Chairman, Dubai Chamber, who headed the trade mission.

The Rotterdam-Dubai Business Forum was organised by Dubai Chamber in cooperation with the Rotterdam Chamber to bring the Emirati business leaders face to face with their Dutch counterparts as part of the trade mission to explore investment opportunities available in Rotterdam while also allowing them to interact with other businessmen and decision-makers from The Netherlands.

The Forum brought together members of the Dubai Chamber trade delegation and the over 170 Dutch entrepreneurs as the two sides reviewed the opportunities and advantages of investing in their respective home countries besides holding bilateral meetings on future partnerships in various areas of mutual interest.

During his opening speech at the forum, H.E. Al Ghurair pointed out the aim of the trade mission is to promote bilateral trade ties between Dubai and the Netherlands as he also stressed on the Chamber’s commitment to provide all possible facilities to help Dutch investors to promote their business activities in the emirate in light of the heightened desire of both the sides to strengthen their economic and trade cooperation.

Stressing on the specific areas of joint investment opportunities, the Chairman of Dubai Chamber pointed out that the trade mission is looking for cooperation and partnerships in the areas of logistics, education, healthcare, sustainability and renewable energy which can bring benefit to the business communities on both sides, he said.

“The Netherlands is Dubai’s 26th largest trade partner as the two sides’ bilateral trade relations have grown from strength to strength with their total non-oil trade in 2014, valuing at AED 11.9 billion, a 33% increase on 2013 and a 128% increase on 2005 while standing at AED 7.9 billion between January and September 2015, as there is ample scope for both the cities to benefit from their leadership in the maritime transport sector which can be a base for joint cooperation,” said Al Ghurair.

On his part, Mr. Jaap Docter, Director Services, Netherlands Chamber of Commerce, complementing the strong ties that bind the two sides, said that with their common interests and synergies, both countries can capitalise on their cooperation ties and turn them into a strategic partnership in the long term.

Commenting on the success of the trade mission, H.E. Buamim said that the visit was extremely important as it focused on partnerships in Dubai’s vital economic sectors including logistics and maritime transportation and innovation, which is a fundamental pillar of the next growth phase of the emirate. He added that the exchange of best practice experiences and establishing partnerships for future business-centred innovation are the main objectives of this trade mission to The Netherlands.

He expressed his desire of benefiting from the Dutch expertise in stimulating innovation in the private sector which he said is the focus of innovation in supporting business growth as the world around us is evolving and therefore the business community in Dubai has to keep pace with this development by offering innovative services to the multinational business community based in the emirate.

H.E. Buamim further stressed that the trade mission programme included field visits to the most innovative sites in Rotterdam which contributed to creating a clear picture about the feasibility of business innovation in the city besides providing a platform for our delegates to discuss topics of lucrative partnerships between UAE and Dutch companies.

He also said that the trade mission exposed the emirate’s business community to the Dutch market opportunities while allowing them to explore a variety of sectors where they can invest their money while discussing future partnerships in different economic fields.

The Chamber delegation, which included H.E. Essa Al Ghurair, Vice Chairman, Al Ghurair Investment, H.E. Ibrahim Al Janahi, Deputy CEO & Chief Commercial Officer, JAFZA, H.E. Jamal Al Hai, Chairman, Al Hai Group, Dr. Aisha Bin Bishr, Director General, The Smart Dubai Executive Committee, Dr. Eesa Bastaki, President, University of Dubai, Dr. Juma Al Matrooshi, Senior Executive Vice President – Commercial, Dubai Silicon Oasis Authority, and Mr. Giovanni Angiolini, Chairman, The Netherlands Business Council, operating under the umbrella of Dubai Chamber, visited the Port of Rotterdam, CIC Venture Cafe, a center that offers start-ups the space and facilities to grow their businesses and organize events to bring together talented people with innovative ideas and investors.

Background Information

Dubai Chamber of Commerce and Industry

We are a non-profit public organization whose mission is to represent, support and protect the interests of the business community in Dubai. It does so by creating a favourable environment; promoting Dubai as an international business hub and by supporting the development of business.

Contact Information

Dubai Chamber of Commerce and Industry
Baniyas Road, Deira,
P.O. Box 1457
Dubai,
United Arab Emirates
Fax number
+971 (0) 4 202 8888

PR Contact

Contact Name
Ruba M. Abdel Halim

PR Rates

Buy credits to publish your articles on Al Bawaba Biz here

You May Also Like

Subscribe

Sign up to our newsletter for exclusive updates and enhanced content