Page 129 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)

9/20/24, 4:34 PM UAE-China Business Forum explores strategies to enhance bilateral trade, investments – UAE Business and Travel Insights – Total…
investors and entrepreneurs representing both nations. This forum underscores our vision of China as a crucial
strategic partner in our future initiatives.”

Al Ghurair concluded his address by noting, “As a testament to the strength of our bilateral relations, the total
number of active Chinese member companies registered as members of Dubai Chamber of Commerce reached
5,480 by the end of August, out of which 1,004 new Chinese companies joining during the first eight months of
this year.”

The Forum witnessed four panel discussions featuring 20 speakers, including officials and business leaders from
both the UAE and China. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, delivered the
welcome address. The sessions focused on the role of sovereign wealth funds in developing joint investments
and projects, as well as the importance of strengthening partnership frameworks within the energy sector.
Opportunities to enhance cross-investment and trade were also closely evaluated.

Additionally, the discussions showcased successful Dubai-based companies that have expanded their operations
and partnerships in China, alongside Chinese firms that have capitalised on the business growth opportunities
available in the emirate.

The event builds on the strong momentum achieved during the Dubai Business Forum – China, which was
successfully organised by Dubai Chambers in August. The inaugural international edition of the Dubai Business
Forum was held in Beijing and attracted 800 prominent Chinese business leaders, investors, and officials, as well
as a high-level delegation from Dubai featuring representatives from key government entities and the private
sector. Participants explored the diverse opportunities arising for Chinese businesses and investors as a direct
result of the Dubai D33 agenda.

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