Ajman Chamber Discusses Investment and Trade Opportunities with Angola

Ajman: Eng. Abdullah bin Mohammed Al Muwaiji, Chairman of Ajman Chamber, received Isabel Paula De Castro, Consul-General of the Republic of Angola in Dubai and the Northern Emirates, to discuss ways to enhance economic cooperation, develop reciprocal investments, and expand bilateral trade.

According to Emirates News Agency, Al Muwaiji highlighted the robust economic, commercial, and investment relations between the UAE and Angola, emphasizing the commitment of both countries to broaden partnership prospects. He pointed out significant opportunities for collaboration in agriculture, food industries, energy, technology, and services, which could open new avenues for investment and deepen economic integration.

Fatima Yaqoob Al Awadhi, Head of the Investment Attraction Section at Ajman Chamber, provided insights into the emirate's key economic sectors. She highlighted Ajman's favourable investment environment, advanced infrastructure, and diverse opportunities in industry, commerce, tourism, education, health, and services. The meeting attendees stressed the importance of data exchange, business forums, and mutual visits to explore investment opportunities and boost trade ties.

De Castro emphasized the need to establish new channels of cooperation and promote joint investments, noting Angola's diverse economic resources and the potential for mutually beneficial partnerships. At the conclusion of the meeting, Al Muwaiji and De Castro exchanged shields and souvenirs.