Dubai International Chamber opens new Cairo office boosting bilateral trade between UAE and Egypt

  • Date: 12-Dec-2022
  • Source: Zawya
  • Sector:Technology
  • Country:UAE
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Dubai International Chamber opens new Cairo office boosting bilateral trade between UAE and Egypt

- In addition to market intelligence and operational expertise, the Cairo office will provide Egyptian MNCs and SMEs access to trustworthy partners required to unlock Dubai’s global hub opportunities.

- The Chamber has identified several high potential sectors to boost investment ties between the two countries including trade, agribusiness and IT

Dubai, UAE – Dubai International Chamber, one of the three chambers operating under Dubai Chamber, has today opened a new international representation office in Cairo, reinforcing strong business links between Egypt and the UAE.

The strategic step is part of the ‘Dubai Global’ initiative, launched by the Emirate of Dubai to attract foreign investment, talent and new business to reinforce the emirate’s position as one of the world’s leading commercial hubs, while enabling Dubai companies to expand their business in 30 priority markets overseas.

“Egypt is a strategically important market for us. The UAE’s close relationship with Egypt has been a strong basis for the success of Dubai businesses in the country. UAE investments have more than doubled recently, with trade between the two countries reaching US$ 7.5 billion in 2021. Our new office in Cairo is in line with our Dubai Global initiative where we aim to have a powerful network of