UAE-German Forum Focuses on Investment

Author: 
K.T. Abdurabb, Arab News
Publication Date: 
Thu, 2006-05-11 03:00

DUBAI, 11 May 2006 — The three-day Emirates-Germany Economic Partnership Forum, which opened on Tuesday in the German city of Munich hosted a series of trade talks and seminars that discussed ways to boost the flow of investment into the UAE. The event, organized by the Federation of UAE Chambers of Commerce and Industry, has successfully generated tremendous response from German investors looking to tap into Middle East markets, confirmed an official source.

Around 150 UAE government departments and leading companies from the public and private sector have participated in this forum to promote business and elevate investment opportunities. The exhibition, which hosted 60 pavilions, attracted more than 5,000 trade visitors from Germany and the neighboring countries, the source added. The forum, organized as part of the UAE’s efforts to promote business relationships and economic cooperation with the business sectors in Germany, was attended by a diverse spectrum of German companies from the real estate and financial sector, investment parks, as well as government and private sector.

Currently, there are over 168 German companies successfully carrying out operations in the free zone in Dubai. Jabel Ali Free Zone Authority (Jafza) was represented at the forum by Salma Hareb, CEO of Jafza and Business Parks, Ibrahim Al-Janahi, vice president, Commercial Sales of Jafza, Hamza Al-Haddad, vice president, Marketing, Jafza and Tarek Bin Ghaita, commercial sales manager, Europe region.

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