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The Syrian-Emirati Private Sector Forum Held in Abu Dhabi

Abu Dhabi- With the participation of a delegation of Syrian businessmen representing various economic and commercial sectors, the Syrian-UAE Private Sector Forum was held on Tuesday in Abu Dhabi.   The participants discussed a number of topics including industry, trade exchange, exports, exhibitions, agriculture, real estate, urban development, tourism and alternative energy.

The Chairman of the Federation of UAE Chambers of Commerce and Industry, Chairman of the Board of Directors of Abu Dhabi Chamber of Commerce and Industry, Mohammad Thani Murshed Al-Rumaithi said that the forum comes within the framework of developing the positive relationship between the private sectors in Syria and the UAE to establish joint investments

For his part, the head of the delegation of Syrian businessmen, Secretary General of the Federation of Syrian Chambers of Commerce, Mohammed Hamsho, confirmed the importance of such meetings to re-activate and open new horizons for cooperation in the field of investment and trade and creating partnerships that contribute to economic development, pointing out that Syria provides a stable investment environment.

For his part, the head of Damascus Chamber of Industry and Rural Development, Samer Al- Debis, said that the forum is the beginning of greater cooperation and creating investment opportunities benefiting both sides. He called on UAE businessmen to invest in the industrial sector through joint stock companies to establish large projects such as cement, rapid construction, iron and petrochemical plants and oil services.

For his part, the President of the Federation of Chambers of Agriculture, Mohamed Kashto, said that the investment climate in Syria has become suitable for investment in various sectors, which enhances efforts to achieve sustainable development, especially that Syria is characterized by natural resources and diversification of agricultural crops and the availability of qualified human cadres.

For his part, President of the Syrian Exporters Union, Mohammed Al-Sawah, underlined the importance of establishing a transport company to export Syrian products to its diversity and to establish a center for Syrian products in the UAE.

The head of Damascus Rural Chamber of Commerce, Waseem Al-Qattan, referred to the facilities provided for tourism investments and the measures taken to expand the base of incentives, in addition to the diversity of tourist places in Syria and work to stimulate the tourism sector through an integrated strategy.

In the domain of real estate and urban development, the Executive Director of Al-Sham Holding Company, Nasouh Al-Nabulsi spoke about the real estate development areas in addition to reviewing the modern construction models that will be adopted to implement these areas.

The Director of the Federation of Syrian Chambers of Commerce, Firas Jijkly, presented a brief explanation of the investment law and the most important advantages that will be included in the new law which is in the process of issuance.

Businessmen Mohammed Samy Kadour and Ahmed Zaidou, members of the Board of Directors of the Federation of Syrian Chambers of Commerce, also gave a presentation on the alternative energy sector and the facilities offered to investors to achieve development in this sector.

For his part, Hammam al-Massuti, member of the Federation of Syrian Chambers of Commerce, spoke about the telecommunications sector in Syria and the projects implemented in this sector to reach the e-government and digital content.

In a press statement, the President of the Federation of UAE Chambers of Commerce and Industry thanked the Syrian delegation for the invitation and hoped that the forum would be a step towards further prosperity for the private sector in both countries. "Our aim is to develop the relationship between the two sectors, "he said.

Director General of Abu Dhabi Chamber of Commerce and Industry (ADCCI), Mohammed Helal Al Muhairi, considered the beginning of meetings to identify investment opportunities in many sectors in Syria, pointing out that these opportunities will be studied with the Syrian side to reach projects of interest to businessmen in both countries.

An Emirati businesswoman, Rein Al-Dhahiri, said that she "listened to the investment ideas of the Syrian delegation in detail and that she was impressed by the experience of the Syrian businesswomen," stressing that businesswomen in the UAE want to develop the horizon of relations with their counterparts in Syria.

A delegation of Syrian businessmen, including representatives of all the federations, "Chambers of Commerce, Agriculture, Industry and Exporters", will visit the United Arab Emirates to explore their investment experience and activate trade relations between the two sides.


.Sh. Kh