Uganda, Dubai sign MoU to enhance business cooperation

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NEWS– Uganda chambers and Dubai chambers of Commerce and industry have signed a Memorandum of Understanding (MoU) to enhance cooperation between the business communities in Uganda and Dubai.

The MOU signed in the evening of Monday 9th December 2024 was witnessed by Uganda’s head of government business who is also the Prime Minister Rt. Hon. Robinah Nabbanja in the capital Kampala.

Under the terms, the two parties will work together to promote collaboration between companies from Dubai and Uganda, as well as organise trade missions, conferences, and business events.

The agreement also encompasses the sharing of knowledge and expertise to unlock mutual benefits, consulting on business policies and exploring bilateral investment opportunities.

The ‘Doing Business with Uganda’ was organised with the support of the Embassy of the United Arab Emirates in Kampala, the Embassy of the Republic of Uganda in the UAE, the Uganda National Chamber of Commerce and Industry, the Uganda Investment Authority, and the Private Sector Foundation Uganda.

Prime Minister Nabbanja notes that Uganda values the strong working relations between the two countries and therefore committed to attract investors through such partnerships.

“I believe this forum will effectively achieve its primary objective of facilitating dialogue between the Ugandan and UAE governments, as well as the business community, while creating opportunities to foster new investments and business partnerships for the mutual benefit of both sister countries”, She added.