Company officials: The Dubai Chamber of Commerce mission enhances opportunities for external expansion and building partnerships in the markets of Malaysia and Cambodia

PHNOM PENH, 27 November, WAM – More than 20 leading Emirati companies operating in Dubai, covering 13 economic sectors, are examining opportunities for external expansion and building strategic partnerships in the markets of Malaysia and Cambodia, during the trade mission led by the Dubai Chamber of Commerce to Malaysia and Cambodia within the framework of the “New Horizons for Foreign Expansion” initiative.

The companies cover diverse economic sectors, including “food and beverages, oil and gas, engineering, consumer goods trading, healthcare, information technology and innovation, pharmaceuticals and biotechnology, ready-to-wear and retail, textiles, building materials and construction, tourism and hospitality, and cosmetics.”

The participation reflects the great economic diversity in Dubai, as these companies represent promising opportunities for growth and investment through partnerships and foreign investment expansion for Dubai companies in promising international markets.

A number of national company officials and entrepreneurs confirmed in statements to the Emirates News Agency (WAM) that the Dubai Chamber of Commerce’s trade mission, which included bilateral business meetings (B2B), provided the opportunity to build partnerships, conclude agreements, exchange experiences, and identify current and future areas of cooperation by identifying the needs of international markets, which would open promising economic opportunities for national companies and enable them to explore new markets and diversify their commercial activities, especially in Asian markets, which contributes to enhancing their growth and the sustainability of their business at the level. International.

For her part, Tahira Haji, founder of the Dubai-based Konjac Skinfood Cosmetics brand, said that the Dubai Chamber of Commerce’s organization of international visits and the opportunity for national companies to discuss cooperation with their counterparts in international markets represents an ambitious step that reflects Dubai’s pioneering role as a global center for business, trade and investment and its position as an ideal platform for Emirati companies to expand into global markets.

Haji added that her participation in the trade mission to Malaysia aims to expand the scope of her brand to new regions and markets through strategic partnerships and bilateral meetings between companies (B2B), praising the organization and the large presence of foreign companies and companies.

For his part, Humaid Ali Al Zaabi, founder and CEO of Liwa Gateway Group, which specializes in food manufacturing and export, said that his participation in the bilateral business meetings organized by the Dubai Chamber of Commerce in Malaysia and Cambodia comes with the aim of convening strategic companies and discussing opportunities to enter new markets, which contributes to developing a diversified business portfolio that enhances innovation, excellence and sustainability in the long term and benefiting from the growing economic scene in the UAE in foreign expansion operations from the Emirate of Dubai.

He added: “During the visit, we were able to hold many important meetings that produced promising companies, thanks to the sound vision of the Dubai Chamber of Commerce and its efforts in providing the opportunity for national companies to access international markets. Meetings were held and cooperation was discussed with importers, distributors, retailers, and buyers in the hospitality, hotels, and restaurant sectors, supermarket chains, private label partners, food manufacturers, and international trade agents.”

For his part, Omar Khaled Hamwi, General Manager and Partner at Nad Al Sheba International General Trading Company, said that participation in the bilateral business meetings organized by the Dubai Chamber of Commerce with the business sector in Malaysia and Cambodia reflects the interest in supporting the growth of companies operating in the country and working to enable them to access international markets and open effective channels of communication with investors from around the world in a way that ensures the sustainability of the economic growth of these companies and enhances the presence of Emirati brands in international markets.

He added that during this visit, the company was able to hold many meetings that resulted in reaching agreements with importers of agricultural commodities in Malaysia and Cambodia, noting that cooperation was also discussed with a number of companies working in the fields of agriculture, food processing, commodity trade and agricultural business.

For his part, Moatasem Saada, Director of International Sales at Brands, which specializes in the clothing industry and is based in Dubai, said that the bilateral meetings within the trade mission led by the Dubai Chamber of Commerce provided important opportunities to communicate and conclude agreements with companies in Malaysia and Cambodia, which in turn reflects on the sustainability of the company’s business growth and foreign expansion.

He added that the company aims to expand abroad from Dubai to the world, especially the Central Asia region, the Arab Gulf states and Iraq, noting that the company has 4 production lines and continues to expand thanks to the investment environment in Dubai, which provides all the ingredients for growth through consultations and providing all forms of support, which has the greatest impact in enhancing the economic diversification that we are witnessing today.

For his part, Ahmed Manna, founder and CEO of the Dubai-based Funds Trading Company, said that the visits of the Dubai Chamber of Commerce and the organization of international economic forums constitute a strong impetus for national companies to expand abroad and open new markets that will enhance the growth of national companies and transform them into effective economic entities that contribute to enhancing the economic growth process of the Emirate of Dubai and the UAE.

He added that the Funds Company, which owns the Dubai Chocolate production factory, succeeded during the trade mission to Malaysia and Cambodia in holding many meetings that resulted in the signing of contracts and partnerships with a number of companies in the two countries, which contributed to opening new markets and launching from Dubai to countries around the world in a way that enhances the sustainability of economic growth and advances sustainable development paths through strong national economic entities.

The Chamber plays a pivotal role in supporting national companies operating in the emirate, as it provides programs and initiatives to enhance their competitiveness and facilitate their entry into global markets through introductory visits and trade forums, and providing opportunities for Emirati companies to meet with international investors and distributors.

The Chamber also seeks to enable national companies to expand abroad by providing advisory expertise and market information and supporting the building of strategic partnerships, which strengthens Dubai’s position as a global center for business and trade and allows Emirati companies to develop their business sustainably at the international level.

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