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Fujairah Chamber keen to foster ties with Iraqi businesses

  • A delegation from Kurdistan region was briefed about investment environment in Fujairah.
  • Businessmen on both sides to exchange knowledge and ideas to create opportunities for collaboration.

DUBAI: Fujairah has said that its Chamber of Commerce and Industry is keen to strengthen relations between businessmen in Fujairah and their counterparts in Iraq through the exchange of knowledge and ideas to create new collaboration opportunities in economic and commercial fields.

Sheikh Saeed bin Suroor Al Sharqi, Chairman of the Fujairah Chamber , received a delegation from the Union of Iraqi Importers and Exporters of Iraq’s Kurdistan Region, which was headed by Kailan Saeed Aziz, Director of the Union’s Erbil branch.

During the meeting Al Sharqi highlighted the deep ties that the UAE and Iraq share across various fields and the importance of expanding their relations, local media reports said.

He also underscored the Chamber’s keenness to strengthen relations between business owners in Fujairah and their counterparts in Iraq through the exchange of knowledge and ideas to create new collaboration opportunities in economic and commercial fields.

The meeting was attended Humaid Mohammed bin Salem, Secretary-General of the Federation of UAE Chambers of Commerce and Industry, Sultan Jumai Al Handasi, Director-General of the Fujairah Chamber, as well as directors of local departments in the emirate and officials from both sides.

Al Handasi said that the Emirate of Fujairah is seeing a developmental shift, and offers attractive industrial investment opportunities due to its richness in resources, such as cement, ceramic, marble, rock wool and other non-metallic mining materials.

He also highlighted investment potential in upstream and downstream business, trade, tourism and logistics, which are supported by a conducive investment climate and advanced infrastructure.

The chamber will ensure providing facilities for businessmen from Iraq wishing to start businesses in the emirate, he added.