DCCI organises UAE-Slovakia Business Forum

The Dubai Chamber of Commerce and Industry, DCCI, has organised the UAE-Slovakia Business Forum in cooperation with the Slovak Embassy in the country, the Slovak Ministry of Economy and the Slovak Investment and Trade Development Agency, SARIO, at its Dubai headquarters.

The Dubai Chamber received a high-level government and economic delegation from the Slovak Republic, headed by Rastislav Chovanec, State Secretary of the Slovak Ministry of Economy. The delegation was received by Majid Saif Al Ghurair, Chairman of the DCCI, Dusan Hornyak, Ambassador of the Republic of Slovakia to the UAE and Atiq Juma Naseeb, Senior Vice President of Commercial Services Sector at the chamber.

Majid Al Ghurair stressed the importance of enhancing bilateral investment relations between Dubai and Slovakia. He said that the Dubai Chamber is looking forward to strengthening economic cooperation with Slovakia, which is one of the world's largest centers for the manufacture of cars and is characterised by extensive experience in the field of IT security that can be utilised in the field of banking and e-Smart services security.

Rastislav Chovanec thanked the Dubai Chamber for its hospitality, stressing his country's desire to strengthen bilateral cooperation between the two sides, in addition to the establishment of investment partnerships in different areas and sectors in Dubai.

He said that the strong political relations between Slovakia and the UAE constitute the pillars for promising economic partnerships, calling for UAE investors to take advantage of opportunities in the business environment in his country.

He pointed out that Dubai's non-oil trade with Slovakia increased from AED 772 million in 2013 to AED 955 million in 2014, a growth of 23 percent, and the value reached AED 450 million during the first half of 2015, and Slovakia is currently ranked 89th on the list of Dubai's trading partners. He stressed that the forum is an opportunity to increase the trade volume between the two sides in the coming years.

Source:WAM