You have not yet added any article to your bookmarks!
Join 10k+ people to get notified about new posts, news and tips.
Do not worry we don't spam!
Post by : Badri Ariffin
Investment from South Africa in Dubai has officially surpassed AED1 billion (approximately US$294 million) over the last five years, underscoring the growing economic ties between the two regions.
During the recent Dubai–South Africa Business Forum held in Johannesburg, Salem Al Shamsi, Executive Vice President of International Relations at Dubai Chambers, detailed that this investment encompasses vital sectors such as information and communications technology (ICT), pharmaceuticals, food industries, and other promising economic areas.
Al Shamsi emphasized Dubai Chambers' persistent initiatives to assist companies looking to expand internationally, particularly within Africa, which presents abundant prospects for trade, investment, and commercial progress.
This forum was a segment of the 13th trade mission to African markets organized by Dubai Chambers under the "New Horizons" initiative in 2023, aiming to enable Dubai entities to venture into new markets, pinpoint investment prospects, and foster enduring international alliances.
A group of 24 Dubai-based companies from diverse sectors attended the forum, engaging with South African counterparts to discuss trade and investment avenues while enhancing cooperative ties between the two markets.
Al Shamsi also noted that Dubai Chambers' office in South Africa serves a crucial role in supporting companies entering the local market and connecting with local business networks.
He expressed optimism regarding the continuation of investment growth between Dubai and South Africa in the forthcoming years, fueled by ongoing endeavors to attract high-value investments and strengthen economic collaboration between the two regions.
Lamborghini Catches Fire on Singapore's ECP, Causing Heavy Traffic
A Lamborghini caught fire on Singapore's ECP, causing heavy traffic and bus delays. No injuries were
Bangkok Airport Duty-Free Area Flooded by Pipe Burst
A burst water pipe flooded the duty-free shopping area at Bangkok's Suvarnabhumi Airport on July 16,
Nine Monks Killed in Thailand Pickup Truck Tragedy
An 11-year-old boy driving a pickup truck crashed into monks during a pilgrimage in northeastern Tha
Anwar Congratulates Xi on CPC's 105th Anniversary
Malaysia reaffirms strong ties with China as PM Anwar Ibrahim sends a congratulatory letter to Presi
Thai Agriculture Team Reviews 2026 Farm Development Plans
Agriculture Ministry officials inspected livestock and organic rice projects in Nakhon Sawan to moni
Thailand, Canada Boost Ties in PM-Level Phone Talks
Thailand and Canada agreed to strengthen trade, security, OECD cooperation and ASEAN-Canada FTA talk
