Canada-UAE Business Council explores ways to strengthen bilateral trade ties

Canada-UAE Business Council explores ways to strengthen bilateral trade ties

The Canada-UAE Business Council Semi-Annual Board Meeting in Dubai, chaired by Mr. Musabbe Al Kabi, CEO of Mubadala’s UAE Investments Platform has recently convened with the participation of senior executives representing prominent Canadian and Emirati businesses.

The meeting established policy priorities for 2022 and reviewed initiatives taken by the Business Council to strengthen bilateral trade relations between the two countries.

Mr. Al Kaabi stressed the role of the Canada-UAE Business Council and its mission to promote trade and investment between Canada and the United Arab Emirates. Mubadala CEO also pointed to the recently announced partnership between Mubadala and the Ontario Teachers’ Pension Plan, Brookfield and the First Abu Dhabi Bank, and other Canadian and Emirati businesses.

Canada’s Minister of International Trade, Export Promotion, Small Business, and Economic Development, The Honorable Mary Ng addressed the meeting and discussed the importance and opportunities of the Canada-UAE partnership.

The Honorable Mary Ng stated that “Canada and the U.A.E. share strong commercial and deep people-to-people ties. The U.A.E. is already home to 150 innovative Canadian companies, and I look forward to continue working with Emirati government and business leaders to foster even closer trade and investment ties, including making progress towards a Canada-U.A.E. Foreign Investment Promotion and Agreement.”

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