Search Site

BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Dubai Chamber to host Global Business Forum Africa in October

    • The Forum is being held on the sidelines of Expo 2020 Dubai

    • The event aimed at promoting Dubai as a gateway for African companies

    The sixth edition of the Global Business Forum (GBF) Africa is due to take place in October in Dubai and its focus will be global economic recovery following the COVID-19 pandemic and its effects on trade and business around the world.

    The Forum, whose theme is Transformation Through Trade, will be held on the sidelines of Expo 2020 Dubai, a mega event bringing together 173 countries and 24 international organizations.

    To be held under the patronage of Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, the forum will take a closer look at Africa’s next phase of economic development in the COVID era and beyond, as discussions examine the role of cross-border collaboration in creating new business opportunities and driving sustainable growth across the continent.

    As one of Dubai Chamber’s flagship business forums, GBF Africa promotes Dubai as a gateway for African companies that can be leveraged to expand their global footprint as it showcases the emirate’s competitive advantages.

    Hamad Buamim, President and CEO of Dubai Chamber of Commerce and Industry, said: “As the Official Business Integration Partner for Expo 2020, Dubai Chamber is organizing a wide range of high-profile events during the mega event that will provide local and international companies access to networking and collaboration opportunities. Among these is the 6th Global Business Forum Africa, which serves a catalyst for expanding trade links and economic cooperation between Africa and Dubai.”

    The upcoming event builds on the substantial progress achieved by the previous five editions of the forum, which paved the way for new bilateral partnerships and economic benefits, he explained, adding that the timing of the event during Expo 2020 Dubai offers African companies an ideal opportunity to showcase their potential and boost their global reach.

    “We welcome our partners from all corners of the African continent and look forward to this opportunity where our local business community can explore prospects of expanding their commercial activities and partnerships in Africa,” Buamim added.

    This time around, GBF Africa 2021 is structured around three elements, namely GBF Insight, a high-level, curated program, which includes high-level keynotes and plenary sessions; GBF Connect, a fully comprehensive business matching and networking service which runs over the entirety of the Forum; and the Expert Hub, a platform reserved for representatives from Africa to provide first-hand insights into the investment opportunities in their respective country to the audience directly.

    Key topics that will be front and center at GBF Africa 2021 include the outlook for the African economies, the expected impact of the African Continental Free Trade Area, the evolution of global trade, the adoption of advanced technologies and the role of innovation in strengthening capital markets, as well as promising investment opportunities emerging in a post-COVID-19 world.

    The Global Business Forum series explores trade and investment potential in promising markets across Africa, the Commonwealth of Independent States (CIS), Latin America and the ASEAN region. Since its launch in 2013, the GBF series has welcomed 32 heads of state and government, 140 ministers and government officials, and 9,950 participants, including business leaders and executives from 65 countries around the world. More than 1,800 business meetings were held between UAE investors and their global counterparts.