A delegation from the Philippine Business Council headed by Prof. Gau Raganit visited the Abu Dhabi Chamber of Commerce and Industry to cement cooperation between the Chamber and Filipino investors in Abu Dhabi.
Welcomed by Mohamed Helal Al Mheiri, Director-General of the Abu Dhabi Chamber, both sides discussed strengthening relations between Abu Dhabi and the Philippines and increasing the level of cooperation in diverse sectors of mutual interest.
Al Mheiri commended the visit of Prof. Raganit and the delegation, praising the strong relationship between Abu Dhabi and the Philippines at the trade and economic levels.
He expressed the interest of the Abu Dhabi Chamber in solidifying economic cooperation with the Philippines.
During the meeting, the Director-General presented to the visiting delegation an explanation of the services Abu Dhabi offers, its initiatives and its role in supporting businesses in the emirate.
He referred to the chamber’s complete readiness to cooperate with the Philippine Business Council in providing Filipino investors and entrepreneurs with all the necessary information about Abu Dhabi’s business opportunities.
Prof. Raganit said that the Philippine Business Council is looking to increase cooperation with the Abu Dhabi Chamber to support the business community in Abu Dhabi and the Philippines, increase the flow of investments and ease the movement of trade between the two countries.
He provided a summary of the Philippine Business Council – Abu Dhabi, describing it as a non-profit organization established in June 2003 as a business group comprising businessmen, entrepreneurs and professionals.
He said the group is connected with companies who share a common interest in developing local businesses and trade and investment between the Philippines and the UAE.
He added that the UAE is considered the Middle East’s top trading partner in the Philippines and one of the most favorable investment markets in the world.
Prof. Raganit expressed his desire to increase visits between entrepreneurs in Abu Dhabi with their counterparts in the Philippines to inform businesses in both countries about the available investment opportunities and increase the level of cooperation in all economic sectors.