Dubai Chambers has announced the launch of the Dubai Business Forum, a key event in the advancement of trade and investment between Africa and the Middle East.
The event, which will be hosted at the city’s Madinat Jumeirah from 1–2 November, is themed ‘Shifting Economic Power: Dubai and the Future of Global Trade.’
According to data from Dubai Chamber of Commerce, the Southern Africa region recorded the highest regional growth in the value of chamber members’ exports and re-exports during the first half of 2023. This key economic indicator witnessed year-on-year growth of 81% to reach a total value of AED 477.2 million, up from AED 264 million in the corresponding period in 2022.
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African Media Agency reports that as one of the six new nations set to participate in the BRICS bloc from the start of 2024, the UAE will play a significant role in reshaping the world economy to level the playing field for regions like Africa.
The media agency says the talks at the Dubai Business Forum will play an important role in determining the future direction of trade and investment between the Middle East and Africa.
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