INSEAD Day 4 - 728x90

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

UAE, Senegal to set up joint business council

The MoU was signed on the sidelines of the Expo 2020 Dubai in the presence of President Macky Sall of Senegal.
  • For the UAE, the MoU signatory was Abdullah Mohamed Al Mazrouei, Chairman of the Federation of UAE Chambers of Commerce and Industry
  • For the African country, it was Aba Traore and Elimane LAM on behalf of the Consortium of Employer’s Unions of Senegal

The United Arab Emirates and Senegal have signed a Memorandum of Understanding aimed at establishing a joint Emirati-Senegalese business council, said official sources on Thursday, October 14, 2021.

The MoU was signed on the sidelines of the Expo 2020 Dubai in the presence of President Macky Sall of Senegal, said the sources.

The signatories were Abdullah Mohamed Al Mazrouei, Chairman of the Federation of UAE Chambers of Commerce and Industry and Chairman of Abu Dhabi Chamber, and Aba Traore and Elimane LAM on behalf of the Consortium of Employer’s Unions of Senegal.

On the occasion, Al Mazrouei highlighted the interest of Emirati businessmen to learn about the investment opportunities in Senegal.

He also spoke of the willingness of the Federation of UAE Chambers to boost cooperation with the private sector in the two countries.

He added that the UAE Chambers are willing to assist business owners and investors from Senegal who wish to establish direct or joint projects in the UAE.

The Chambers are also ready to support stakeholders for the successful investments and partnerships that already exist between Emirati and Senegalese companies.