Dubai Chambers, CCB sign MoU to boost investment co-operation

Dubai Chambers and China Construction Bank (CCB) – DIFC Branch signed on Sunday a memorandum of understanding (MoU) to foster investment co-operation and facilitate business expansion for Chinese companies in Dubai.

The MoU aims to enhance knowledge and expertise exchange between both parties to better support businesses and investors. It will expand bilateral co-operation, open new growth opportunities in various sectors, and strengthen Dubai’s position as a top global business destination.

The signing of the MoU highlights China’s increasing importance as a global economic hub and aligns with the 40th anniversary of diplomatic relations between the UAE and China.

The agreement paves the way for expanded co-operation, benefiting businesses in both Dubai and China and promoting bilateral trade and investment partnerships.

The signing of the MoU coincides with the upcoming Dubai Business Forum – China, scheduled for August 21st in Beijing.

Attribution: WAM

Subediting: Y.Yasser