Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Dubai Chamber sees potential in Ghana  Join our daily free Newsletter

MENAFN - Khaleej Times - 12/06/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) Stronger ties encouraged between countries

dubai’s status as a gateway to the region serves as a fitting platform for investments. — supplied photo

the dubai chamber of commerce and industry in cooperation with the ghana consulate-general and with support of the economist intelligence unit hosted ‘country focus briefing: the republic of ghana’ on wednesday as part of its efforts to consolidate bilateral ties between dubai’s business community and their african counterparts.

the briefing was attended by abdul rahman saif al ghurair chairman of the dubai chamber; haruna iddrisu ghana’s minister of trade and industry; tony kutteng deputy consul-general of the consulate-general of ghana in dubai; dr seth adjei baah president of the ghana chamber of commerce and industry; mawuena trebarh chief executive officer of the ghana investment promotion centre; and a large number of business leaders from the uae and ghana.

in his welcome address al ghurair highlighted ghana as a rewarding option for emirati investment. this is the reason why the dubai chamber is soon going to open its representative office in the ghanaian capital accra which will serve as a gateway for uae investments in the promising market of the country.

he called upon dubai businesses to enhance bilateral ties with african businesses particularly ghana in the sectors of mining energy retail agriculture and banking which dubai companies have good experience in especially in the area of retail banking services. al ghurair further stressed that ghana is currently 34th on dubai’s list of top trading partners as non-oil trade between the two rose to dh8.9 billion in 2013 registering a 4.7 per cent growth in comparison to 2012.

he also highlighted dubai’s status as a gateway to the region stating that the emirate serves as a fitting platform for international investments to the ghanaian market while the new dubai chamber office will help the emirate’s businesses to expand into the promising market of the african country.

al ghurair invited the visiting delegation to attend the dubai chamber-organised africa global business forum 2014 in october. which he said will promote dubai’s role as a gateway to africa and explore new business prospects between africa and dubai.

in his keynote address iddrisu said that his country is the best place to do business in africa and is the potential market to reach out to the rest of the continent and the 350 million consumers in the region. it is also one of the largest gold producers in africa he added.

iddrisu further stated that his country was looking forward to developing a strong bilateral relationship with dubai in light of the ghanaian government’s policy in encouraging public-private sector partnership. he said that ghana is an excellent option for investment due to its political stability and abundance of natural resources.

he stressed that ghana can serve as a centre for uae investments in the economic community of west african states while dubai businesses can explore investment opportunities across a number of lucrative sectors in ghana including infrastructure development energy tourism mining and agriculture and agri-processing as well as petrochemical aluminium and gold smelting industries.

dr baah said that his many visits to dubai have always impressed him as the emirate has set an example for ghana to emulate. he expressed his country’s desire to benefit from dubai’s experience in tourism information technology financial services telecommunications and construction stating that his country has a shortage of up to 1.7 million housing units.

trebarh highlighted ghana’s investment potential stating that the country stands amongst the top five destinations for doing business in sub-saharan africa and according to world doing business report 2014 is the best destination for ease of doing business in west africa.

— alvin?khaleejtimes.com


 


Khaleej Times




  MENA News Headlines
 May 29 2015 - Palestinian Man Dies of WoundsQatar News Agency
(MENAFN - QNA) Palestinian medical sources announced the death of a 55- year-old Palestinian man Said Annadi from Jabalia refugee camp in the northern Gaza Strip of serious wounds suffered in the ...

 May 29 2015 - Syrian opposition groups take over Idlib from gov't forcesKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) A group of Syrian opposition groups have assumed control of the town of Ariha in the northwestern Idlib province after fierce fighting with government forces, ...

 May 29 2015 - Qatar announces death of coronavirus-infected nationalKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The Supreme Council of Health (SCH) has announced that the death of a 73 year-old national after being infected by the Middle East respiratory syndrome ...

 May 29 2015 - Twin blasts rock "tightly guarded" Baghdad hotels: 10 killed, 28 woundedKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) At least 10 people have been killed and another 28 wounded in dual explosions that hit two hotels in Baghdad.An explosives-strapped car drove through the Sheraton ...

 May 29 2015 - Bahrain announces arrest of terror suspectKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) The Bahraini Interior Ministry announced Thursday the arrest of a fugitive terrorist and the confiscation of a large quantity of weapons in a warehouse in ...

 May 29 2015 - EU seeks stronger energy cooperation with GCC - officialKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) A top EU energy official has stressed that the 28-member European bloc is keen in boosting its energy cooperation with the six-member Gulf Cooperation Council ...

 May 29 2015 - UN has failed to protect civilians in conflicts - Ambassador Al-OtaibiKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Disputes among UN permanent member states is aggravating civilians' suffering and causing violations of human rights, said Kuwait's Permanent Delegate to the UN ...

 May 29 2015 - His Highness the Amir of Kuwait congratulates Nepal on National DayKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah sent on Thursday a congratulatory cable to the President of the Federal Democratic Republic of Nepal ...

 May 29 2015 - Kuwaiti FM meets visiting counterpartsKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) First Deputy Prime Minister and Minister of Foreign Affairs Sheikh Sabah Khalid Al-Hamad Al-Sabah met with Turkmenistan's Deputy Prime Minister and Foreign ...

 May 29 2015 - His Highness the Kuwaiti Amir congratulates Ethiopia on National DayKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah sent on Thursday a congratulatory cable to President of the Federal Democratic Republic of Ethiopia ...

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