Sharjah Chamber of Commerce opens new horizons for UAE investors in Angola

SHARJAH, — Abdullah Sultan Al Owais, Chairman of the Sharjah Chamber Commerce and Industry (SCCI), reaffirmed the chamber’s keenness on contributing to the strengthening and development of the emirate’s economic ties with different countries around the world, especially in Africa, which represents a promising markets and offers great opportunities for Emirati businessmen.

”SCC will strive through the means to discover investment opportunities available for the local private sector and local investors, as it promotes their activities and businesses and develops economic relations and trade exchange between Sharjah and African countries,” he stated.

Al Owais made his remarks during a meeting with Minister of Economy of the Republic of Angola, Abrahao Pio dos Santos Gourgel, and his accompanying delegation at the Chamber’s headquarters in Sharjah, where they discussed ways of enhancing the business relations between Sharjah and Angola, advancing the stages of work towards levels that contribute in enhancing the volume of trade exchange and launching mutual investment projects, based on the offerings of each party.

During the meeting, the minister presented the various investment opportunities his country offers in tourism, agriculture, mining and food industries, and its keenness to facilitate all the required processes and provide incentives to attract foreign investors, especially those from the UAE, to participate in the investment sectors and support the development process his country is aiming for.

The minister also stressed on the importance of exchanging information and experiences between Sharjah and Angola to encourage businessmen to build effective investment relations amongst one another. They also discussed means of organizing an effective program to exchange visits between trade delegations that would also participate in exhibitions organized in both countries. The minister invited businessmen in the emirate to visit his country and find out about the investment opportunities available to them, especially in the food industry, where the minister sees that there are various opportunities for Sharjah’s investors.

Source: Emirates News Agency

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