Ajman and Senegal Explore Ways to Strengthen Economic and Investment Cooperation

Ajman Chamber and a delegation from the Republic of Senegal explored avenues to strengthen economic and trade cooperation, identify available investment opportunities, and expand engagement between the two business communities.

The discussions took place during Ajman Chamber’s reception of a Senegalese delegation at its headquarters, led by His Excellency Dr Alioune Dionne, Minister of Microfinance and Social and Solidarity Economy. The delegation included Arona Fall, Chairman of the Gulf African Investment Chamber, as well as a number of senior Senegalese officials and business leaders.

The delegation was received by His Excellency Mohammed bin Khalifa bin Salmeen Al Aryani, Member of the Board of Directors of Ajman Chamber; His Excellency Salem Al Suwaidi, Director General of Ajman Chamber; and Ali Rashid Al Kaitoob, Executive Director of the Studies and Investment Development Sector.

His Excellency Salem Al Suwaidi welcomed the Senegalese delegation and affirmed Ajman’s interest in expanding economic and trade cooperation with Senegal in particular and African countries more broadly. He highlighted the importance of exploring investment opportunities, increasing bilateral trade, and opening new prospects for partnerships between the two business communities.

The two sides discussed ways to strengthen cooperation in developing small and medium-sized enterprises through the exchange of information and expertise, as well as exploring cooperation across economic sectors of mutual interest.

Ajman Chamber presented the emirate’s key economic strengths and competitive advantages, as well as investment opportunities in industry, real estate, trade, and services. It also highlighted the efforts of the relevant economic entities to facilitate the ease of doing business and attract investment.

The Chamber invited the Senegalese delegation to participate in the events and exhibitions it organises, including the Ajman International Education and Training Exhibition and the Ajman Franchise Exhibition.

For his part, His Excellency Dr Alioune Dionne delivered a presentation on the Republic of Senegal’s key economic strengths and investment opportunities. He also reviewed promising areas of cooperation for developing enterprises and strengthening partnerships with Ajman’s business community.

The meeting underscored the importance of strengthening cooperation in agriculture, food security, livestock, building materials, food industries, and packaging, alongside organising business forums that bring together investors from both sides and identifying investment opportunities in both countries.