Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

French firms eyeing active role in Expo 2020 projects  Join our daily free Newsletter

MENAFN - Khaleej Times - 25/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) Fbc announces 18% rise in its membership to more than 600

the french business council (fbc) of dubai & northern emirates has set up a special contact and coordination desk to help businesses from france seeking to bid for projects in dubai as the emirate gears up for world expo 2020.

claude valle president of the fbc said the french community in the uae had strongly supported dubai expo 2020 bid and the french companies — more than 1000 in the uae — are now ready to offer their expertise to the organisers of expo 2020 to make that event a tremendous success.

“the french business council is the one-stop shop for members who commit to offering their skills to serve the world expo. the fbc also seek to create new business opportunities in both countries and to drive bilateral economic relationships to new horizons” said valle. recently fbc announced an 18 per cent growth in its membership to more than 600 comprising both french and local companies.

he said the french chamber of commerce in dubai which is now the first french business community in the middle east aims to expand its business and membership base this year.

“the main objectives of the fbc is inform its members of the business community about the new opportunities arising in dubai to promote and develop business and commercial relationships between the uae and france to provide business support to the its members and to the french exporters in order to help to set up or increase their business in the uae” said valle.

one of the largest projects among the many currently under way in the uae is the mohammed bin rashid city in dubai that was announced in november 2012 he pointed out.

the uae government will invest around 272 billion in the infrastructure during the five coming years by making the majority of projects available to the private sector through public-private partnerships. important projects of residential touristic and commercial projects are launched in the framework of expo 2020 which will significantly increase opportunities for the french companies based in the uae.

valle said french companies coming with development projects seeking partners or in need of close commercial follow-up or wishing to set up a branch in the uae can refer to fbc which is fully dedicated to answer their needs.

the uae has been for several years one of major trade partners of france. over the past ten years the french exports to the uae had tripled. french exports grew 12.2 per cent in 2013 to 3.9 billion euro. the export from the uae to france recorded 7.3 per cent growth in 2013 compared to 2012.

the uae is also the eighth major petroleum products exporter to france.

valle said in tandem with the growth in bilateral trade and investments the number of french residents as well as tourists to the uae has been growing. lat year the uae received round 20000 french visitors.

— issacjohn?khaleejtimes.com


 


Khaleej Times




  MENA News Headlines
 Aug 28 2015 - UAE's DP World profits logs 22 percent growth in H1MENAFN
(MENAFN) Global marine terminal operator DP World declared a surge of 22 percent in its net profit in the first six months, recording USD405 million compared to USD322 million in 2014, plus total ...

 Aug 28 2015 - Oman's fiscal deficit to expand at 12 percent of GDPMENAFN
(MENAFN) Oman's very high economic dependence on gas sector is going to add pressure to the public finance in 2015-16, although it has an ongoing solid economic growth.Meanwhile, the country's fiscal ...

 Aug 28 2015 - Saudi's foreign reserves shrink down 0.5 percent in JulyMENAFN
(MENAFN) The world's largest oil exporter has begun issuing domestic debt aiming at covering part of a budget deficit cause by low oil prices, and the result was that the speed of deterioration in ...

 Aug 28 2015 - UAE cuts September petrol prices as global oil fallsGulf Times
(MENAFN - Gulf Times) The UAE cut petrol and diesel prices by between 8% and 9% for September, the second month during which the Middle Eastern country, Opec's fifth-largest oil producer, removed ...

 Aug 28 2015 - Algeria targets hidden $40bn amid ignored oil-price pleasGulf Times
(MENAFN - Gulf Times) Day and night, trucks trundle the 10 miles from Algiers port to the suburb of Semmar, where workers unload and stack goods that will feed into a vast black market.Merchants pack ...

 Aug 28 2015 - Egypt power choices appease public, but squeeze industryGulf Times
(MENAFN - Gulf Times) Far fewer Egyptians are complaining about the kind of power cuts that fuelled unrest in the past but government energy policies apparently focused on appeasing the public are ...

 Aug 28 2015 - Saudis seek guidance on economy as stocks gyrateGulf Times
(MENAFN - Gulf Times) Saudi plastic surgeon and stock-market investor Sami al-Harki is looking for help.Al-Harki already lost 40% on his shares, but doesn't want to sell before the Saudi government ...

 Aug 28 2015 - US- Short-handed Giants beat CubsGulf Times
(MENAFN - Gulf Times) Joe Bochy, a San Francisco Giants scout, is in town to help evaluate the club on this homestand. Maybe he can turn in a report on his kid brother, Bruce.When you win with a ...

 Aug 28 2015 - Jordan- Rania: Muslims must do more to counter ISGulf Times
(MENAFN - Gulf Times) Queen Rania of Jordan said yesterday that moderate Muslims were not doing enough to fight against IS militants and their "diabolical ideology". Speaking at a major French ...

 Aug 28 2015 - Abbas heats up Palestinian politics in PLO reshuffle bidGulf Times
(MENAFN - Gulf Times) President Mahmoud Abbas is acting to shake up Palestinian politics, with peace talks with Israel in deep freeze and unity efforts with Hamas Islamists who run the Gaza Strip ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help