Abu Dhabi Chamber signs three agreements to drive economic growth

Abu Dhabi Chamber signs three agreements to drive economic growth

The Abu Dhabi Chamber of Commerce and Industry has signed Memoranda of Understanding (MoUs) with Emirates Development Bank, Abu Dhabi Agriculture and Food Safety Authority (ADAFSA), and Arab Authority for Agricultural Investment and Development (AAAID), it was announced on Thursday. The three MoUs, signed during the Abu Dhabi International Food Exhibition, are a part of the chamber’s efforts to drive economic growth in the emirate and support investment in vital sectors. “These agreements begin a new phase of cooperation with leading entities. The agreements will strengthen the contribution of private companies to vital sectors, enable them to launch unique projects, and provide them with the necessary guidance on a local and regional level,” said Mohamed Helal Al Mheiri, Director-General of Abu Dhabi Chamber. As part of their MoU, the chamber and EDB will cooperate in highlighting the available investment opportunities in the manufacturing, advanced technology, healthcare, and food security sectors. The bank will also provide financing and support options for members of the chamber to support the financing of the industrial strategy in the UAE. It will also provide an electronic platform that offers free training courses for members of the chamber on how to develop business strategies and plans,