Oil revenues reached 181.922 billion riyals
business2 hours ago
The Dubai Chamber of Commerce and Industry during its recent meetings held in Johannesburg called upon the public and private sectors of the country to support enhancement of UAE investments into the South African market.
During its trade mission, the Dubai Chamber urged its trading partners from public and private sectors, as well as the South African chambers of commerce, to coordinate efforts to achieve the common interests and to work towards stimulating economic partnerships between the business communities in Dubai and South Africa.
During his speech on the sidelines of the panel discussion with the public sector, Majid Saif Al Ghurair, chairman of the Dubai Chamber, stated that the main objective of the delegation is to find solutions to challenges that Dubai's business community might face in their investments to South Africa and to work towards enhancing trade cooperation between the two sides.
"Our very presence here is to get precise and accurate information about the methods and procedures for doing business in South Africa and to understand the prevailing laws and regulations pertaining to taxes, arable land ownership, money movement and to find out the most important investment sectors as well as to support reciprocal trade flow between the two countries," said Al Ghurair.
The chairman stated that South Africa ranked 33rd on the list of Dubai's trading partners, with non-oil trade between Dubai and South Africa in 2015 reaching to Dh8.4 billion ($2.3 billion) up from Dh5.5 billion in 2010. - business@khaleejtimes.com
Oil revenues reached 181.922 billion riyals
business2 hours ago
Israel and Hamas blame each other as Netanyahu rules out the group's demand for an end to the war in exchange for the freeing of hostages
mena2 hours ago
Sheikh Mohammed issues decree, forming the council chaired by the Dubai Ruler
uae3 hours ago
The campaign was launched today, May 5, and will continue till the end of this month
uae3 hours ago
Enjoy hearty meals at these outlets with your favourite Mexican fare
food listings3 hours ago
With the StandbyMe wheeled and a 27-inch smart TV, the Korean giant is aiming squarely at the lifestyle end of the electronics device market
gadgets3 hours ago
The actor revealed how she balances work commitments with family time, ensuring her children understand the importance of both
entertainment3 hours ago
Taking to Instagram, Janhvi shared a clip featuring herself, Varun Dhawan, Rohit Saraf, Sanya Malhotra, Karan Johar and other actors participating in a pooja ceremony
entertainment3 hours ago