Rwanda opens doors to UAE investors
Officials during the Rwanda Investment Showcase Forum
Business Bureau, Gulf Today
In collaboration with Botho Emerging Markets Group, the Sharjah Chamber
of Commerce and Industry (SCCI) organised the “Rwanda Investment
Showcase” Forum to explore avenues of economic cooperation between the
UAE and Rwanda.
The forum was attended by Abdallah Sultan Al Owais, Chairman of the
SCCI, Dr. Sultan Al Mulla and Nasir Musabeh Ahmed Al Tunaiji, Board
Members, Mohamed Ahmed Amin, Acting Director-General of SCCI, and Yasmin
Amri– Chargee d’affaires of the General Consulate of Republic of Rwanda
in the UAE. The event comes as part of SCCI’s strategic plan to open up
new markets to Emirati investors and businessmen, enhance Sharjah’s
investment status, and increase trade and investment exchange between
the UAE, particularly Sharjah and Rwanda.
Also present were Uday Bhasin, Senior Partner, Tradeways, as well as top
businessmen, senior officials and representatives of government
departments, private sectors and media.
The forum discussed ways of developing the UAE-Rwanda economic and trade
relations and shed light on Rwanda’s investment environment. It also
highlighted Rwanda’s promising investment opportunities available for
Emirati businessmen especially in trade, agriculture, real estate,
construction and other investment sectors.
The forum also touched on Rwanda’s recent radical changes and paradigm
shift, which made it Africa’s capital of tourism and the world’s 29th
country in terms of ease of doing business, according to the Ease of
doing business index 2019 by the World Bank.
The SCCI chairman Abdullah Al Owais lauded the UAE’s great efforts made
to establish strong and fruitful trade relations with African countries.
“The volume of non-oil trade between the UAE and Africa hit Dhs140.5
billion, ($38.3 billion).”
