Baku 19° C
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Baku. 25 December. REPORT.AZ/ Enhancing bilateral trade and investment opportunities between the UAE and Azerbaijan was the topic under discussion at the Annual Networking Reception hosted at Dubai Chamber’s representative office in Baku.
More than 200 representatives from the UAE and Azerbaijan public and private sectors attended the event, which was held in Baku. The annual gathering marks a significant activity on the calendar for Dubai Chamber’s Baku office.
H.E. Dr Mohammed Ahmed Hamel Al Qubaisi, UAE Ambassador to Azerbaijan, spoke at the reception, reiterating the deep political, economic and commercial ties between the UAE and Azerbaijan, describing the event as an important step towards building stronger bilateral relations between the two countries.
Sharing the latest information on the e-trade sector in Dubai, as well as the emirate’s efforts to shape a sustainable future through innovative business practices, was keynote speaker Eng. Mahmood Al Bastaki, Chief Executive Officer at Dubai Trade, who gave a comprehensive overview of Dubai’s transformation and innovation as a global trade and logistics hub.
Omar Khan, Director of International Offices, Dubai Chamber, gave a presentation at the reception that underlined the competitive advantages offered by Dubai’s dynamic business environment. He emphasised the importance of promoting trade and investment between Dubai and Azerbaijan, which already enjoy solid commercial and business ties.
Khan went on to note that Dubai enjoys an important strategic location at the crossroads of various international trade routes and that the emirate boasts advanced infrastructure and logistics, as well as cultural diversity within the business community - factors that position it as a gateway to regions beyond the Gulf and Middle East.
Khan also reaffirmed Dubai Chamber’s commitment to providing the necessary support and facilities for businessmen in both countries to establish successful business partnerships, in line with its strategic objectives.
Since it opened in 2012, Dubai Chamber’s representative office in Baku has been a key driver in promoting business relations between Dubai and Azerbaijan. The office acts as a gateway for UAE investment in Azeri markets and facilitates Azeri companies wishing to enter Dubai’s and the UAE’s markets.
