The Umm Al-Quwain Chamber of Commerce and Industry recently welcomed a high-level Chinese economic delegation consisting of 15 prominent female entrepreneurs from the People’s Republic of China. These leaders represent companies and business groups with an impressive annual revenue of approximately 4.85 billion Chinese Yuan. This visit is part of an expansive investment programme traversing various Emirates in the UAE, aimed at exploring trade and investment opportunities while discussing avenues for collaboration and building sustainable economic partnerships between the business communities of the UAE and China.
Collaborative Efforts and Investment Opportunities
The delegation’s visit has been organised jointly by the UAE General Women’s Union and the UAE Embassy in Beijing, reflecting the commitment to strengthen ties between the two business communities. By fostering dialogue and exploring new fields for joint cooperation and investment, both nations aim to enhance their economic relationship.
Diverse Representation from Key Industries
The companies represented by the delegation span a range of industries, including manufacturing, trade, hospitality, tourism, food security, biotechnology, infrastructure, new energy, smart lighting, real estate, investment services, textiles, and apparel. The delegation comprises members from firms that hold substantial assets and investments, all seeking to bolster their presence and partnerships within the UAE market.
Engagement with Local Leaders and Insights into Industrial Growth
The chamber received the delegation at its headquarters, with notable attendees including Amina Al-Hamadi, Deputy Head of the UAE Diplomatic Mission to China, who accompanied the group, along with Youssef Thanoon, Vice Chairman of the Chamber, Aisha Rashid Sultan Al-Lithem, Board Member of the Chamber and Chairwoman of the Umm Al-Quwain Businesswomen Council, and Ahmed Obaid Ibrahim, General Manager of the Chamber, among other officials and representatives from local government and economic sectors.
Factory Visits and Insights into Investment Potential
The delegation commenced their itinerary with a field tour of several factories in the Umm Al-Thoob Industrial Area, where they gained insights into the development of the industrial sector in Umm Al-Quwain. This visit highlighted the investment opportunities and advantages available, as well as the supportive measures in place to foster business growth and attract investments.