Kampala, 10 October 2023 (TDI): The second edition of the Uganda-UAE Business Forum, a significant bilateral event fostering economic and trade relations, has successfully concluded.
The two-day event was held in Kampala, Uganda. It served as a platform to encourage Foreign Direct Investment (FDI) and promote Ugandan products in the United Arab Emirates (UAE) market.
The Forum will boost tourism, attract technology transfers, and mobilize the Ugandan Diaspora in the UAE for development opportunities.
This edition of the Uganda-UAE Business Forum witnessed enthusiastic participation from government officials, business leaders, investors, and representatives from various sectors.
Their collaborative efforts will strengthen ties between Uganda and the UAE by exploring mutually beneficial opportunities for trade and investment.
The event commenced with welcoming remarks from dignitaries, highlighting the importance of strengthening economic cooperation.
It emphasized the potential that lies in the collaboration between Uganda and the UAE. Speakers reiterated the commitment of both nations to creating an enabling environment for businesses fostering and partnerships for sustainable development.
Throughout the forum, participants engaged in insightful panel discussions and networking sessions, providing a platform to exchange ideas, share best practices, and explore opportunities for collaboration.
The focus was on promoting Ugandan products in the UAE market, showcasing the rich diversity and quality of goods that Uganda has to offer.
Additionally, discussions emphasized the significance of tourism as a vital sector in both countries. Participants deliberated on strategies to enhance tourism exchanges and attract tourists from the UAE to Uganda and vice versa.
The forum also highlighted the potential for technology transfers and how this could be instrumental in advancing industries and fostering innovation.
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One of the key objectives of this edition was to engage the Ugandan Diaspora in the UAE and leverage their expertise and resources for the development of Uganda.
The forum facilitated discussions on how to effectively mobilize and involve the Ugandan Diaspora, who have a considerable presence in the UAE, in the development initiatives of their home country.
This successful second edition of the Uganda-UAE Business Forum has set a promising trajectory for strengthening bilateral relations, fostering economic growth, and nurturing collaborative efforts between Uganda and the UAE.
