9 April 2012

East Africa: EAC to Hold Investment Forum in Dubai

Arusha — East African Community (EAC) partner states should start identifying investment opportunities that they will market to the investors in the United Arab Emirates (UAE), the secretary general has said.

Dr. Richard Sezibera said EAC is organizing an investment forum to be held in the UAE in October this year. Sezibera was meeting the Director, External Relations of the Dubai Chamber of Commerce and Industry, Mr Hassan Al Hashemi in Arusha recently.

Hashemi said many business people in Dubai had expressed interest in investing in the region, because it was becoming an attractive destination for investment.

"EAC bloc is important in business and politically integrated and more aligned to the UAE," Hashemi said. "UAE and the world over are becoming interested in the possibilities the EAC region has to offer."

Copyright © 2012 East African Business Week. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.