Dubai Chambers and China Construction Bank (CCB) – DIFC Branch have joined forces to boost investment cooperation and support Chinese companies looking to expand in Dubai. This collaboration, formalized through a Memorandum of Understanding (MoU), aims to facilitate knowledge sharing and expertise exchange between the two entities, enhancing the support available to businesses and investors.
We recently signed an MoU with China Construction Bank (CCB) – DIFC Branch to promote investment cooperation and support Chinese companies wishing to expand in the Dubai market.#DubaiChambers #AmbitionInFocus#DubaiBusinessForum pic.twitter.com/avmQTosIKJ
— Dubai Chambers (@DubaiChambers) August 18, 2024
The agreement, WAM reported, signifies the growing economic prominence of China on the global stage and coincides with the 40th anniversary of diplomatic relations between the UAE and China. It is expected to strengthen bilateral cooperation, opening new avenues for growth across various sectors and solidifying Dubai’s position as a leading global business hub.
The MoU was signed by Hassan Al Hashemi, Vice President of International Relations at Dubai Chambers, and Wei Luo, General Manager of China Construction Bank – DIFC Branch, at Dubai Chambers’ headquarters. This partnership paves the way for diverse collaboration, promoting the interests of business communities in both Dubai and China, and fostering bilateral trade and investment partnerships between Chinese companies and businesses in Dubai.
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This strategic alliance coincides with the upcoming Dubai Business Forum – China, organized by Dubai Chambers under the theme ‘China, Dubai and Beyond: Igniting Global Trade and Investment’. Scheduled for August 21st in Beijing, the event aims to attract promising Chinese companies to Dubai, empowering them to capitalize on regional and global growth opportunities offered by the emirate.
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