Abu Dhabi International Airport
Abu Dhabi International Airport Parker/Pixabay

The Abu Dhabi Chamber of Commerce and Industry signed a collaboration agreement with the UAE International Investors Council to work together on investment and futuristic economic sectors.

Under the agreement, the Abu Dhabi Chamber and the Council will do their best to get rid of any hurdles that come in the way of investment growth regionally or internationally. It will also ensure that Abu Dhabi is promoted as an investment destination for international investors.

The agreement was signed by Ahmed Khalifa Al Qubaisi, CEO of the Abu Dhabi Chamber, and Jamal Saif Al Jarwan, Secretary-General of the Council, at the Chamber's tower in Abu Dhabi. The signing ceremony was attended by representatives of both sides.

The agreement is aligned with an "ongoing endeavor to extend bridges of cooperation with investors worldwide, fulfill their aspirations, and provide them with more investment opportunities, enabling them to thrive locally and internationally," Al Qubaisi said, according to WAM.

"This agreement is also integral to our plans and ambitious objectives of bolstering local initiatives, expediting growth, and sustaining the competitiveness of the national economy, fostering Abu Dhabi's position as a premier international investment destination," he added.

Al Jarwan also shared similar sentiments, explaining that the council is thrilled to embark on this journey of collaboration with the Abu Dhabi Chamber. He said that this agreement will help the council understand the needs of the private sector and make decisions strategically to help private players.

"It also underscores the seamless coordination between us, reflecting positively on the success of our shared endeavors. At the Council, we are keen to extend bridges of cooperation and forging strategic partnerships that contribute to promoting the economic landscape and facilitate the sustainable growth of Emirati companies internationally," he added.

As per the agreement, both parties will collaborate to evaluate growth opportunities in key markets, offer consultations, and exchange studies and information to serve their mutual interests and achieve common goals. This will help them advance their investment ambitions.

Both parties will also implement various initiatives, including establishing specialized economic delegations comprising representatives from private companies in Abu Dhabi. These delegations will focus on exploring targeted markets globally.

Under this agreement, they will also arrange joint international events to enhance communication and networking among investors. Workshops, orientation sessions, and meetings will be conducted to facilitate the exchange of technical expertise and knowledge.

These efforts aim to create business opportunities and assist in the global expansion of the Chamber's members.