Dubai International Chamber organizes 308 business meetings in Kampala

Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, held 308 bilateral business meetings between companies from Dubai and their counterparts in the Ugandan capital, Kampala, during the first leg of the trade mission led by the chamber to both Uganda and Tanzania within the framework of the “New Horizons for Expansion” initiative. External”, through which the Chamber aims to support the expansion of local companies towards global markets characterized by promising prospects and opportunities.

A statement issued yesterday stated that the mission’s activities included organizing a business forum in Kampala entitled “Doing Business with Uganda,” with the support of the UAE Embassy in Kampala, the Ugandan Embassy in the UAE, the Uganda Chamber of Commerce and Industry, the Uganda Investment Authority, and the Private Sector Association in Uganda. Uganda.

On the sidelines of the forum, the Prime Minister of Uganda, Robina Nabanga, met with a delegation from the Dubai World Chamber in a private meeting, where she stressed the importance of the mission led by the Chamber in strengthening economic ties and business partnerships.

During the forum, Dubai Chambers concluded a memorandum of understanding with the Uganda Chamber of Commerce and Industry, with the aim of enhancing cooperation between Dubai companies and their Ugandan counterparts, in addition to organizing trade missions, conferences and business events with the aim of sharing experiences and knowledge.

Director General of Dubai Chambers, Mohammed Ali Rashid Lootah, said: “We are committed to strengthening Dubai’s trade and investment partnerships with various countries, and we are keen to support companies operating in the emirate to expand and grow globally in various sectors to explore opportunities in promising markets, including Uganda.”

The value of non-oil trade between Dubai and Uganda during the past year amounted to 4.4 billion dirhams, according to data from the Dubai Customs Department, while the number of active Ugandan companies registered as members of the Dubai Chamber of Commerce until the end of September 2024 reached 148 companies.

. 4.4 billion dirhams, the value of non-oil trade between Dubai and Uganda in 2023.