Engineer Abdullah bin Mohammed Al-Muwaijai, the Chairman of the Ajman Chamber of Commerce, discussed mutual investment opportunities and the enhancement of economic relations with Zaki Zanom Kibiidi, the Ambassador of Uganda to the UAE. The meeting took place at the Ajman Chamber’s headquarters and was attended by Salem Al-Suwaidi, the General Director of the Ajman Chamber, Aisha Al-Nuaimi, the Director of Investment and Business Promotion, alongside representatives from the Ugandan Embassy.
Al-Muwaijai emphasized the Ajman Chamber’s commitment to strengthening economic and trade ties, supporting the business environment in the emirate, and attracting investments across various sectors. He highlighted Uganda’s agricultural potential, quality food industries, and textile manufacturing, which could foster partnerships between investors from both nations.
During the discussion, a comprehensive presentation was made regarding investment opportunities in Ajman, the ease of doing business, and the integration of government entities in delivering services. Specific sectors, including industry, tourism, construction and real estate, education, and healthcare, were pinpointed as key investment avenues.
The meeting recommended the necessity of arranging joint gatherings involving business owners and investors from both countries to exchange insights, showcase investment opportunities, and explore potential partnerships. It also suggested the idea of signing memorandums of cooperation for knowledge exchange and collaboration with Ugandan chambers of commerce.
Investors from Uganda were invited to visit Ajman to explore the available investment opportunities in the Ajman Free Zone, Al-Zawraa area, and other vital sectors.
For his part, Zaki Zanom Kibiidi praised the diverse attributes of Ajman and its attractive investment environment, affirming his country’s eagerness to broaden cooperation in trade, industry, and services to enhance trade exchange and support partnerships between the business communities of Uganda and Ajman.
He also extended an invitation to the Ajman Chamber to participate in the Ugandan-Emirati Business Forum, scheduled for next October in the Ugandan capital, Kampala.