Azerbaijan companies meet with potential UAE investors

Azerbaijan companies meet with potential UAE investors
Azerbaijan companies meet with potential UAE investors

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Aden - Yasmine El Tohamy - A delegation from Azerbaijan joined by businessmen representing 27 companies recently visited the Chamber of Commerce and Industry's headquarters, where they held 204 meetings with potential UAE investors.

The meetings, attended by Mahir Aliyev, ambassador of Azerbaijan to the UAE, examined prospects for expanding Dubai-Azerbaijan cooperation in key sectors and areas of mutual interest, such as trade, agriculture, foodstuff, tourism and construction.

During the meeting, Omar Khan, director of International Offices at Dubai Chamber, provided the visiting delegates with an overview of Dubai-Azerbaijan trade ties and synergies shared by both economies and business communities. He revealed that non-oil trade between Azerbaijan and Dubai reached AED 826 million in 2018, and said there is tremendous potential to boost and diversify bilateral trade in the future.

Khan described Dubai Chamber's representative office in Baku as gateway and ideal platform for UAE companies to learn more about business environment in Azerbaijan and attractive opportunities opening up in the country, while it also assists Azerbaijan-based companies that are keen to enter the Dubai market.

The delegation visit was led by Azerbaijan Export and Investment Promotion Foundation (AZPROMO) as part of its annual export mission to Dubai. The meeting followed two delegation visits organised by Dubai Chamber's Baku office earlier this year, which provided an opportunity for Azerbaijani companies to participate in Gitex Technology Week 2019 and Gulfood 2019.

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