Dubai chamber, Canada discuss post-covid economic recovery.
The Dubai Chamber of Commerce and Industry and the consulate general of Canada in Dubai recently held a video conference meeting to discuss opportunities in areas such as digitalisation, logistics, e-commerce, life sciences and sustainable technologies.
The meeting was chaired by Hamad Buamim, president and CEO of the Dubai Chamber of Commerce and Industry, and Jean-Philippe Linteau, consul general of Canada in Dubai and the Northern Emirates.
The two leaders highlighted the fast-growing trade and investment relationships between the UAE and Canada. Recent examples of this include Dnata launching ground handling operations in Vancouver airport and DP World's $8.2 billion co-investment platform with Canada's pension fund, Caisse de Depot et Placement du Quebec to expand its global port and terminal operations.
Buamim highlighted Dubai's vast competitive advantages and incentives for foreign companies and investors, which he says have strengthened the emirate's value proposition in recent years. He lauded the government's swift response in addressing new challenges created by the Covid-19 pandemic and accelerating digital transformation, which he said was a key factor helping businesses successfully navigate the new normal. He described Canada as strategic economic partner to Dubai and stressed the importance of the emirate as a preferred trade and investment hub leveraged by Canadian companies.
Linteau commended the...
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