Wednesday, May 22, 2024

Bin Duque is calling on big French companies to invest in Emirates

Date:

The Minister of Economy, Abdullah bin Duq Al Marri, called on large French companies to explore promising opportunities in new economic sectors in the UAE. , created fertile ground for the growth of large French companies and their expansion into new markets.

This happened during a meeting Bin Duque held with a group of businessmen, investors and CEOs of major French companies in the presence of Frédéric Sanchez, head of the international branch of the French employers’ association.

The Ministry of Economy said in a statement yesterday that the two sides discussed enhancing economic cooperation between Abu Dhabi and Paris and creating new avenues to explore opportunities for business communities in the Emirates and France to support sustainable development. their economies, especially in new economic sectors.

Bin Duq said: “The UAE hosts 600 French companies, which employ more than 30,000 people and operate in renewable energy, transport, logistics, hotels, aviation, aerospace, banking and other sectors. In contrast, the UAE ranks second. The largest Gulf investor in France, and More than 50 companies operate in various sectors in the French market, he added: “In the next phase we will work with our partners in France to increase the number of companies operating in the markets of both countries.”

The Bin Duq visited France under the leadership of the Economic Council of the United Arab Emirates to discuss strengthening joint economic cooperation in several key sectors.

Bill Dittman
Bill Dittman
"Freelance alcohol fan. Coffee maven. Musicaholic. Food junkie. Extreme web expert. Communicator."

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