The MTA Speaks| Prayer times| Weather Update| Gold Price
Follow Us: Facebook Instagram YouTube twitter

Dubai Chamber Achieves Milestone with 510 Business Meetings in Ethiopia

Dubai Chamber Achieves Milestone with 510 Business Meetings in Ethiopia

Post by : Bianca Haleem

Dubai Chamber of Commerce proudly concluded the Ethiopian segment of its trade mission to Ghana and Ethiopia, facilitating an impressive total of 510 bilateral business meetings in Addis Ababa between companies based in Dubai and their Ethiopian counterparts.

These meetings have fostered new avenues for collaboration across numerous vital sectors, such as automotive, construction, electronics, engineering, FMCG, food and beverages, interior design, mining and metals, oil and gas, pharmaceuticals, printing and packaging, textiles, and ready-made garments.

The Chamber highlighted that these 510 B2B meetings represent the highest figure achieved since the commencement of its “New Horizons” initiative in 2023, designed to promote the global expansion of Dubai businesses while fortifying international trade ties.

During the visit, the Dubai Chamber of Commerce orchestrated the ‘Dubai–Ethiopia Business Connect’ forum in collaboration with the UAE Embassy in Ethiopia, the Ethiopian Chamber of Commerce and Sectoral Associations, the Addis Ababa Chamber of Commerce and Sectoral Associations, and the Ethiopian Investment Commission.

The forum drew 669 attendees, encompassing high-ranking government officials, business executives, investors, alongside representatives from both local and international enterprises. Discussions focused on investment prospects, enhancing trade partnerships, and forging new business opportunities between Dubai and Ethiopia.

Notable attendees at the forum included H.E. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers; H.E. Amha Hailegiorgis, Deputy Director General for Middle East, Asia, and Pacific Affairs of Ethiopia; H.E. Dr. Jemal Beker, Ambassador of Ethiopia to the UAE; Dr. Aynalem Abayneh, Vice President of the Ethiopian Chamber of Commerce and Sectoral Associations; Eng. Abebe Gurmesa, Vice President of Addis Ababa Chamber of Commerce and Sectoral Associations; and Rashed Abdulla Alzoy from the UAE Embassy in Ethiopia.

H.E. Mohammad Ali Rashed Lootah reaffirmed the Chamber's dedication to enhancing economic relations between Dubai and Ethiopia, also emphasizing the trade mission's role in supporting the global growth of Dubai enterprises while contributing to the ongoing expansion of Dubai's non-oil foreign trade sector.

As reported by the Chamber, non-oil trade between Dubai and Ethiopia reached AED 22.3 billion in 2025, achieving a remarkable annual growth of 236.6%.

Furthermore, the Chamber announced that in the first quarter of 2026, 91 new Ethiopian companies joined, raising the total active Ethiopian member companies registered with the Chamber to 1,676 by the end of March 2026.

During the forum, the Dubai Chamber of Commerce showcased the benefits of Dubai’s business landscape and emphasized how Ethiopian firms can leverage Dubai as a gateway to broader regional and international markets. Additionally, officials from the Ethiopian Investment Commission informed attendees about the expanding investment prospects and market access available to foreign investors in Ethiopia.

The trade mission saw representation from 21 Dubai-based companies across various sectors, underscoring the increasing economic partnership between Dubai and Ethiopia.

May 25, 2026 10:17 a.m. 632
Global News UAE News Dubai News World News

More Trending News

Featured Stories

US Appeals to Iran for Securing Strait of Hormuz for Global Commerce
July 11, 2026 5:18 p.m.
The US is calling on Iran to guarantee safe navigation through the Strait of Hormuz to support international shipping amid rising tensions.
Read More
Tragedy Strikes as 15 Indians Perish in Vietnam Boat Incident
July 11, 2026 5:02 p.m.
A tragic boat capsizing near Phu Quoc Island has claimed the lives of 15 Indians. Rescue efforts are ongoing as officials investigate.
Read More
Meta Removes AI Image Feature After Privacy Backlash
July 11, 2026 3:43 p.m.
Meta has removed its AI image feature after privacy concerns and criticism from users and SAG-AFTRA over the use of public Instagram photos
Read More
Jordan Intercepts 8 Iranian Missiles Fired Toward Its Territory
July 11, 2026 12:06 p.m.
Jordan intercepted eight Iranian missiles after Iran claimed it targeted a US base in Jordan, as tensions with the US continued to escalate
Read More
Thousands Gather for Ali Khamenei's Burial at Imam Reza Shrine
July 11, 2026 11:56 a.m.
Iran's late Supreme Leader Ali Khamenei was buried at Mashhad's Imam Reza Shrine after six days of mourning amid renewed US-Iran tensions
Read More
Shehbaz Sharif Holds Talks With Iran, Qatar to Support US-Iran Peace
July 11, 2026 11:34 a.m.
Pakistan PM Shehbaz Sharif spoke with Iran and Qatar leaders to support US-Iran peace talks and urged restraint to maintain regional stability
Read More
Trump Confirms Iran Talks Persist Despite Ceasefire End
July 11, 2026 11:22 a.m.
Trump states Iran talks will continue while announcing the ceasefire is formally over amidst escalating tensions in the Gulf region.
Read More
Kane and Haaland Set for Quarterfinal Clash in the World Cup
July 11, 2026 11:16 a.m.
Harry Kane and Erling Haaland face off as England meets Norway in a thrilling World Cup quarterfinal, both aiming for a spot in the semifinals.
Read More
Brazilian Influencer Kauana Bilhar Dies After Dubai Tower Fall
July 11, 2026 10:59 a.m.
Brazilian influencer Kauana Bilhar, 26, died after falling from the 27th floor of a Dubai residential tower. Authorities are investigating the incident
Read More
Sponsored
Trending News