London's business leaders are a step closer to understanding how to trade with the United Arab Emirates (UAE) after attending a seminar to learn how to deal with Middle Eastern firms.
Senior representatives from the Ajman Free Zone in the United Arab Emirates (UAE) recently hosted a High Tea Business Briefing and Networking Reception at the London Chamber of Commerce and Industry to discuss the issues associated with trading overseas.
His Excellency Mahmoud Al Hashemi, director general of Ajman Free Zone who previously held the vice CEO of business development for Middle East and North Africa Zone in JAFZA (Jebel Ali Free Zone), along with other key speakers, discussed a host of topics including the advantages, logistics and opportunities associated with conducting business with free zones in Ajman and the UAE.
He said: "This event gave us the chance to show London-based businesses the kind of relationships they could forge with UAE and discover how to trade out of the Ajman Free Zone . We were really encouraged with the turnout and will watch with interest how many go on to pursue investment opportunities."
H.H Shaikh Mohammed Bin Maktoum Bin Rashed Al Maktoum, First Secretary of UAE, Deputy Ruler of Dubai also paid a surprise visit. He said: “Over 30% of all export links are to the UK and are valued customers of UAE. I’m proud to be in the country and in particular, proud to know that Ajman Free Zone is building economic links with the UK.”
UK trading with the UAE is currently worth around £5.1bn a year and there are many lucrative opportunities available for all sectors from logistics to management media. Ajman Free Zone currently has over 7,000 companies of all shapes and sizes.
