More than 40 CEOs and business leaders from Hamburg, Germany, representing a number of vital German economic sectors, have confirmed their attendance to the Dubai-Hamburg Business Forum 2007 due to be organized by Dubai Chamber of Commerce & Industry, in cooperation with Hamburg Chamber of Commerce, on October 23-24.
Organizing this significant economic forum goes in line with the Chamber’s vision and strategy in supporting its members and businessmen through providing them with suitable opportunities to develop external trade ties with their counterparts worldwide and enhance their competitiveness in international trade practices.
HE Engineer Hamad Buamim, Director General of Dubai Chamber of Commerce & Industry, stressed the importance of the Dubai-Hamburg Business Forum 2007 in strengthening bilateral cooperation ties between the business communities in Dubai and Hamburg, as well as introducing the available business opportunities in the two cities which share many economic and strategic features.
He pointed out that Dubai Chamber will provide the UAE businessmen with a chance to meet the German decision makers from Hamburg who will be attending the Forum representing a number of vital economic sectors which share with its UAE counterparts the same vitality, strength and activity. They will discuss potential cooperation between similar sectors in both countries.
“Dubai Chamber has received messages from over 40 CEOs and business leaders from Hamburg confirming their attendance to the Forum, along with a large number of UAE CEOs, businessmen and investors, who will discuss ways of mutual cooperation in different economic sectors. The Forum provides the UAE businessmen with a chance to have one-to-one meetings with the decision makers and with every member of the participating German delegation to discuss potential economic partnerships and establishment of joint ventures in both countries,” said Buamim.
He highlighted the Dubai Chamber’s interest in making this Forum a success for it would help enhance bilateral economic ties between Dubai and Hamburg and provide a chance to establish joint ventures in different economic sectors such as aviation, banking, energy, healthcare, foreign trade, logistics and marine shipment.
Buamim pointed out that Dubai Chamber has played a leading role in strengthening the bilateral economic relations between the UAE, Dubai in particular, and Germany through organizing or participating in several economic and business forums in a number of German cities during the past few years. Organizing the Dubai-Hamburg Business Forum 2007 is a completion to the growing economic cooperation ties between the two countries and an opportunity for Dubai Chamber to open new doors before the UAE and German businessmen to help enhance the bilateral trade between the two countries, he added.
He said that Germany enjoys the third largest economy in the world and the biggest in Europe. Germany is the biggest strategic partner to the UAE as there are 5 German trading representative centers operating in the UAE, as well as the German Business Council which is one of the most active business councils which operate under the umbrella of Dubai Chamber. There are 500 German companies working in Dubai as Dubai’s non-oil trade with Germany reached AED 16 billion in 2006.
Dubai Chamber has established a special website dedicated for the Dubai-Hamburg Business Forum 2007. The website is www.dubai-hambugr.com It contains information about the Forum, agenda, speakers and attendees from both countries, as well as the working papers which will be discussed in the Forum about the potential areas of cooperation according to sectors.
