Search

Saved articles

You have not yet added any article to your bookmarks!

Newsletter image

Subscribe to the Newsletter

Join 10k+ people to get notified about new posts, news and tips.

Do not worry we don't spam!

Dubai Chamber Achieves Milestone With 510 Business Meetings in Ethiopia

Dubai Chamber Achieves Milestone With 510 Business Meetings in Ethiopia

Post by : Badri Ariffin

The Dubai Chamber of Commerce has successfully wrapped up its trade mission to Ethiopia, which included a remarkable 510 business meetings in Addis Ababa aimed at fostering connections between Dubai-based firms and Ethiopian enterprises.

These meetings opened avenues for collaboration across key industries such as automotive, construction, electronics, engineering, FMCG, food and beverages, interior design, mining, oil and gas, pharmaceuticals, textiles, and ready-made garments.

This year marked the highest tally of B2B meetings since the introduction of the Chamber’s “New Horizons” initiative in 2023, designed to bolster the international presence of Dubai companies and enhance global trade ties.

The Dubai Chamber also organized the ‘Dubai–Ethiopia Business Connect’ forum, in collaboration with the UAE Embassy in Ethiopia, the Ethiopian Chamber of Commerce, and other local entities. This forum drew 669 participants, including government officials, business leaders, and international representatives, all eager to discuss investment opportunities and deepen trade relations.

Among those in attendance were notable figures such as H.E. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, alongside various Ethiopian officials, emphasizing the collaborative spirit of the event.

H.E. Lootah reaffirmed the chamber's dedication to enhancing economic relations between Dubai and Ethiopia, advocating for new avenues in the private sector, which would fuel Dubai’s continued growth in non-oil foreign trade.

In a strong indication of growth, non-oil trade between Dubai and Ethiopia surged to AED 22.3 billion in 2025, representing a staggering year-on-year growth of 236.6%.

Additionally, the forum saw 91 emerging Ethiopian companies join the chamber in the first quarter of 2026, raising the total number of active Ethiopian members registered to 1,676 by the end of March 2026.

During the event, the Dubai Chamber highlighted the advantages of doing business in Dubai, positioning it as a strategic entry point for Ethiopian firms looking to expand into regional and global markets. Meanwhile, officials from the Ethiopian Investment Commission discussed available investment opportunities.

The trade mission featured a delegation from 21 Dubai-based companies across various sectors, underscoring the growing economic friendship between Dubai and Ethiopia.

May 25, 2026 10:17 a.m. 154

#world news #Global News #Dubai News #UAE News

Nineteen Hospitalized After Uncertain Smell Prompts Emergency in Tokyo Mall
May 25, 2026 6:11 p.m.
A mysterious smell at a Tokyo shopping mall led to 19 individuals being hospitalized, prompting extensive emergency measures.
Read More
Escalating Missile Strikes Heighten Tensions in Russia-Ukraine Conflict
May 25, 2026 5:57 p.m.
Recent missile and drone strikes have escalated tensions in Eastern Europe as regional instability continues amid ongoing conflict.
Read More
Intense Exchange Characterizes Trump-Xi Summit Discussions
May 25, 2026 5:43 p.m.
A recent summit saw Donald Trump and Xi Jinping in a tense exchange, highlighting escalating tensions between the US and China.
Read More
Indigenous Rights as a Key Barrier in Alberta's Secession Discussions
May 25, 2026 5:38 p.m.
Indigenous treaty rights are proving to be significant obstacles in the ongoing debate over Alberta's potential secession from Canada.
Read More
Tragic Building Collapse in Philippines Claims Four Lives, 17 Missing
May 25, 2026 5:31 p.m.
A devastating building collapse in the Philippines has resulted in four deaths as teams search for 17 individuals still missing.
Read More
Le Sserafim Begins Bold New Music Era
May 25, 2026 5:30 p.m.
K-pop group Le Sserafim returns with ‘Pureflow Pt. 1,’ exploring fear, growth and confidence through a fresh new sound
Read More
Tragic Flooding in Chongqing Results in Loss of Lives Amidst Heavy Rainfall
May 25, 2026 5:25 p.m.
Chongqing suffers severe flooding after heavy rains, leading to fatalities and extensive disruptions, prompting emergency responses.
Read More
The Excitement Surrounding SpaceX's Potential IPO
May 25, 2026 5:25 p.m.
The potential SpaceX IPO has ignited widespread intrigue among investors and analysts in global financial circles.
Read More
Taeyang Returns With First Solo Album in Years
May 25, 2026 5:24 p.m.
BigBang star Taeyang celebrates 20 years in K-pop with ‘Quintessence,’ a deeply personal album released on his 38th birthday
Read More