Dubai Chamber highlights trade potential of Latam

23/04/2014 07:23 AST

The Dubai Chamber of Commerce and Industry has issued four studies compiled by the Economist Intelligence Unit, or EIU, on Mexico, Brazil, Chile and Argentina on the occasion of a high-profile UAE official delegation visit to Latin America, headed by His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.

Coming as part of the Dubai Chamber’s initiative of highlighting and exploring upcoming economies of the world for its members, the studies focus on important areas of investment potential for UAE businesses while providing a clear guideline for the country’s investors to make the best of these opportunities.

Hamad Buamim, president and chief executive officer of the Dubai Chamber, stated that these studies which are in line with the Dubai Chamber’s new strategy of enhancing the competitiveness of Dubai businesses in the overseas markets while stimulating the economic growth of the emirate, has launched iDubai market intelligence unit as one of the pillars of the strategy which provides stakeholders with statistical studies and reports on local, regional and global markets and their investment potential.

Buamim further stressed that these studies with their facts and figures help investors to make sound investment decisions in these promising markets while they also contribute to enhancing the competitiveness of Dubai and the UAE businesses to plan a successful strategy to explore and enter new markets.

He also informed about the Dubai Chamber’s plans to open a representative office in the Brazilian capital Sao Paulo to provide a gateway to UAE investors to enter the Latin American market which he said promises ample investment opportunities for the country’s investors.

Khaleej Times