Dubai Exports seeks to take AED7.8 billion Qatar-UAE trade to new highs

Press release
Published May 1st, 2012 - 10:03 GMT
Engineer Saed Al Awadi, CEO of Dubai Exports
Engineer Saed Al Awadi, CEO of Dubai Exports

His Excellency Juma Rashid Saif Al Dhaheri, UAE Ambassador to Qatar, recently inaugurated the UAE pavilion in Project Qatar 2012. The 3,000 square metre UAE pavilion, led by Dubai Exports, the export promotion agency of the Department of Economic Development - Government of Dubai, brings together more than 140 local companies specialised in the construction, contracting and building materials sectors. 

Dubai Exports is participating in Project Qatar 2012 as part of its keenness to promote commercial cooperation opportunities between the UAE and Qatar and to enhance UAE exports to Qatar by enabling companies to establish business relations and exchange services and experience.

Al Dhaheri praised the commitment of Dubai Exports in supporting local businesses through export incentives and strategies regionally and internationally, as well as its vital role in reinforcing the UAE’s reputation as a hub for export and re-export. He added that the UAE’s participation in Project Qatar 2012 also reflects active communication and co-ordination among local firms to explore business opportunities and marketing channels abroad.

Touring the UAE pavilion, Al Dhaheri called also upon the participating companies to step up their competitiveness and engage with businessmen and entrepreneurs in the public and private sectors in Qatar. He stressed the strong and enduring business relationship between the UAE and Qatar, which will facilitate future partnerships and raise the UAE’s share of business in the region.

“Trade between the UAE and Qatar reached AED7.8 billion in 2011, with exports and re-exports of construction materials to Qatar accounting for AED384 million. Iron, steel, and plastic were the major products exported to Qatar through the UAE. Preliminary results for the first quarter of 2012 indicate further growth in UAE exports to Qatar and it’s expected to reach outstanding levels by 2013,” said Engineer Saed Al Awadi, CEO of Dubai Exports.

Al Awadi added: “At Project Qatar 2012, local companies seek to open new channels of communication with potential customers as the event covers several segments such as construction, contracting, infrastructure services, construction equipment and machinery, as well as green building in which UAE firms have advanced capabilities.”

The UAE pavilion is expected to attract more than 50,000 visitors as 2,100 exhibitors from 48 countries are participating in Project Qatar 2012.   

The UAE pavilion will also host a workshop for people concerned with economic and trade activities. The workshop will clarify the investment environment in Qatar as well as the methodology of trade exchanges and export mechanisms in the country. Among prominent participants in the workshop are Gulf Organization for Industrial Consulting (GOIC), and SGS, an export firm with considerable experience in Qatar.

Background Information

Dubai Export Development Corporation

Dubai Exports strives to ensure the success of the exports sector in Dubai and the UAE, providing constant guidance, advice and practical support to both overseas buyers and suppliers.We develop long-term growth strategies to help businesses expand and maximise their opportunities given by Dubai’s unique position as a natural trade gateway between the East and the West.
 

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