Ajman Chamber and Egyptian Consulate Discuss Strengthening Economic and Trade Cooperation

Ajman Chamber and the Consulate General of the Arab Republic of Egypt in Dubai and the Northern Emirates discussed strengthening economic and trade cooperation and expanding partnerships between their respective business communities.

The discussions took place during a meeting in which His Excellency Engineer Abdullah bin Mohammed Al Muwaiji, Chairman of the Board of Directors of Ajman Chamber, received His Excellency Dr Hossam Hussein Ismail, Consul General of the Arab Republic of Egypt in Dubai and the Northern Emirates.

The meeting explored opportunities for mutual investment in industry, trade, tourism, agriculture, education, and other sectors, alongside participation in economic exhibitions and events in both countries.

Held at the Chamber’s headquarters, the meeting was attended by Ali Rashid Al Kaitoob, Executive Director of the Studies and Investment Development Sector; Sheikh Hamad bin Nasser Al Nuaimi, Director of the Member Affairs Department; and Aisha Al Khatri, Head of the Asset Investment Section at Ajman Chamber. The Egyptian Consulate’s delegation included Manal Abdel Tawab, Minister Plenipotentiary and Head of the Egyptian Commercial Representation Office in the UAE.

His Excellency Abdullah Al Muwaiji praised the deep-rooted fraternal and historical ties between the UAE and Egypt, both at the leadership and people-to-people levels, and their continued development across various fields. He noted that these ties are reflected in economic partnerships and the scale of mutual investment across diverse sectors.

He affirmed Ajman Chamber’s commitment to strengthening cooperation with the Egyptian side and creating opportunities for both business communities to benefit from the investment and trade potential available to both sides.

The meeting addressed opportunities to enhance cooperation in economic sectors of mutual interest, particularly tourism, food manufacturing, agricultural produce trade, and related services and industries. It also explored ways to increase trade and leverage the competitive advantages available to both sides.

The two sides recommended organising joint economic and trade forums and increasing the exchange of visits and delegations to showcase available investment opportunities, strengthen direct engagement between the private sectors in both countries, and explore new areas of cooperation and partnership. They also highlighted the importance of strengthening cooperation between the Ajman Businesswomen Council and businesswomen councils in Egypt.

Both sides emphasised the importance of exchanging expertise and knowledge in commercial arbitration and drawing on institutional experience and best practices to support the development of the commercial dispute resolution system and create a business environment that encourages and attracts investment.

Ajman Chamber invited the Egyptian side to attend the Ajman International Education and Training Exhibition, scheduled to take place next January.

The Chamber also extended an invitation to visit the Thara Investment and Entrepreneurship Ecosystem, its principal investment arm, to explore the initiatives, services, and opportunities it offers and discuss prospects for cooperation in supporting entrepreneurs and companies.