INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Ajman Chamber, Russian delegation discuss trade ties

ACCI is keen to increase the growth rate of manufacturing industries in Ajman. (WAM)
  • ACCI Chairman highlighted investment opportunities in the real estate, building and construction sectors to the Russian delegation.
  • The Chairman stressed Ajman Chamber's keenness to develop economic ties and attract investors to the emirate.

AJMAN, UAE – The Chairman of the Ajman Chamber of Commerce and Industry (ACCI) recently received an economic delegation from the Russian Federation to discuss prospects for developing relations between business owners from the two countries.

ACCI Chairman Abdullah Al Muwaiji highlighted the investment opportunities available in the real estate, building and construction sectors to the Russian delegation.

The Russian delegation was headed by Nikolay Verkhovskiy, Head of Digital Program Department Professor of Moscow Business School SKOLKOVO.

Mohamed Ali Al Janahi, Executive Director of the Trade Development and International Relations at the ACCI also attended the meeting.

Al Muwaiji welcomed the attendees and stressed Ajman Chamber’s keenness to develop economic ties, diversify external partnerships to enhance the sustainability and growth of the business community and attract investors by promoting the opportunities available in the emirate.

He highlighted the importance of the meeting and its role in opening new channels for cooperation in the real estate development sector, as it is one of the main pillars of Ajman’s economy, especially in light of the momentum of investment opportunities provided by the sector.

Al Janahi gave the attendees an overview of the main sectors in Ajman, including “real estate development, industry, building and construction, education, health, tourism, services and other sectors.”

He spoke of the emirate’s strategic location and its role in enhancing Ajman’s competitiveness in terms of attracting local, regional and international investments.

The delegation gave a presentation on the innovative services provided by Russian companies in the real estate, building and construction sectors, including promotional services, the latest technical means used in the design and construction of units and smart homes.

The delegation suggested ways and means to increase the attractiveness of the real estate sector and other services and products.