INSEAD Day 4 - 728x90

2PointZero reports strong H1

Expansion drives earnings, revenue growth.

Borouge profit climbs 23%

Prices, recovery boost quarterly earnings

e& posts 11.6% revenue growth

The H1 net profit hits $1.63 billion.

TECOM profit up 9%

Revenue, occupancy drive earnings higher

DAE H1 profit $229m

Growth triggered by higher earnings, stron cash flow

Ajman Chamber, Belgium Embassy discuss trade opportunities

ACCI is keen to increase the growth rate of manufacturing industries in Ajman. (WAM)
  • The meeting aimed to strengthen economic ties and promote Ajman as an attractive investment destination.
  • The discussions focused on bilateral economic, trade investment relations, tourism, industry, trade, education, health.

AJMAN, UAE –   Chairman of the Ajman Chamber of Commerce and Industry (ACCI) Abdullah Al Muwaiji discussed trade and investment opportunities with Ambassador of the Kingdom of Belgium to the UAE Antoine Delcourt and his delegation.

The meeting, held at the Ajman Chamber’s headquarters, was attended by Mohamed Ali Al Janahi, Executive Director of the Trade Development and International Relations Sector and Jamila Kajoor, Director of the Promotion and International Relations Department at the Ajman Chamber.

The meeting aimed to strengthen economic ties and promote Ajman as an attractive investment destination.   

From the Belgian side, Yoke Wagemans, Investment and Trade Counselor and Joren Selleslaghs, Counselor of Political Affairs and Deputy Head of Mission, were present at the meeting.

Al Muwaiji expressed Ajman Chamber’s commitment to expanding trade exchange and increasing investment values between Ajman and Belgium.

He emphasized the readiness of the chamber to provide support and create a favorable investment environment for Belgian businesses, strengthening economic relations between companies in both the countries.

The discussions focused on bilateral economic, trade and investment relations, with a particular emphasis on sectors such as tourism, industry, trade, education, health and technology.

The attendees highlighted the importance of bilateral meetings between business communities, exchanging experiences and exploring opportunities for cooperation.

They also emphasized the significance of participating in exhibitions and events, and increasing visits to foster future collaboration.

Delcourt praised the economic diversification of Ajman and the promising investment opportunities it offers.

He provided an overview of Belgium’s key economic sectors and industries.

Non-oil trade between the UAE and Belgium reached approximately US$7 billion in 2021, with Belgium ranking as the fourth largest trading partner of the UAE within the European Union.