Dubai Chambers has held a series of meetings in Ethiopia aimed at strengthening trade and investment ties between Dubai and one of Africa’s fastest-growing economies.
The discussions took place in Addis Ababa as part of a trade mission to Ethiopia and Ghana designed to help Dubai-based companies expand into high-potential African markets.
Led by Dubai Chambers President and CEO Mohammad Ali Rashed Lootah, the delegation met Ethiopian government officials, investment agencies and business leaders to explore opportunities in industry, trade and investment.
Talks with Ethiopia’s Minister of Industry, Melaku Alebel, focused on expanding industrial cooperation, increasing trade exchange and encouraging partnerships between businesses in both countries.
Dubai Chambers also met representatives from the Ethiopian Investment Commission to discuss investment opportunities and ways to attract international companies to both markets.
A separate meeting was held with Ethiopian Investment Holdings, Africa’s largest sovereign wealth fund, to explore potential long-term partnerships and joint investment opportunities.
Dubai Chambers said the visit reflects growing economic links between Dubai and Africa and forms part of wider efforts to support the international expansion of Dubai-based businesses.
British luxury carmaker Jaguar Land Rover said on Monday it would cut around 4,000 jobs globally over the next two years as part of a broader plan to reduce costs and improve competitiveness.
Salik has renewed its tolling technology contract for Dubai's road toll system with US company TransCore for another five years, extending a partnership that dates back to 2006.
Volkswagen's supervisory board has approved a transformation plan on Thursday that will include cutting another 50,000 jobs in its attempt to counter painful tariffs, overcapacity, and aggressive Chinese rivals.
The UAE Ministry of Economy and Tourism has outlined new regulations aimed at strengthening the fight against commercial fraud, protecting consumers and improving market oversight.
Apple is facing a £2 billion ($2.7 billion) London lawsuit brought on behalf of app developers over its app tracking rules, with the iPhone maker accused of abusing its power to unfairly impose greater restrictions on third parties.
Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!