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.
The Indian state of Maharashtra has suspended the licences of four Domino's outlets after reporting grease residue in pizza-making machines and insect infestations, the latest move in an intensifying crackdown by food regulators.
XRG, ADNOC’s international energy investment company, has announced its entry into Venezuela through the award of the offshore Loran licence, and the transfer of interest in the licence by PDVSA Gas.
Venture capitalist Joshua Kushner and former Disney CEO Bob Iger are set to purchase the Los Angeles Lakers, with the deal valued at a record $12.5 billion, according to sources familiar with the matter on Wednesday.
The chairman of India's largest conglomerate Tata Sons will not seek reappointment, he said, citing the board's lack of backing after tensions with the charitable arm that controls the group.
Passengers flying to Dubai through Emirates can now change their travel dates free of charge in an unlimited capacity under a new measure announced by the airline to offer greater flexibility.
Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!