Agency
The MoU was signed during the Uganda, Dubai business forum which was held in Kampala under the theme “Doing Business with Uganda”. This forum is part of the Dubai Chambers’ trade program for Uganda and Tanzania. It was organized by the Dubai International Chamber, one of the three chambers under Dubai Chambers.
The agreement outlines joint efforts to promote collaboration between businesses in both regions, organise trade missions and events, and share knowledge to unlock mutual opportunities.
Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, reaffirmed the chamber’s commitment to expanding Dubai’s global trade partnerships.
The MoU builds on an already strong trade relationship between Dubai and Uganda. According to Dubai Customs, non-oil trade between the two reached a significant US$ 1.2 billion in 2023, highlighting the growing economic ties.
Furthermore, as of September 2024, 148 Ugandan businesses were registered as active members of the Dubai Chamber of Commerce, with 60 of them joining within the first nine months of the year.
The forum featured speeches from prominent leaders, including H.E. Olive Kigongo, President of the Uganda National Chamber of Commerce and Industry, and Robert Mukiza, Director General of the Uganda Investment Authority. The event attracted senior officials, business leaders, and 29 Dubai-based companies from industries such as construction, agriculture, healthcare, and information technology.
