Humaid Mohamed bin Salem, Secretary-General of the Federation of UAE Chambers of Commerce and Industry, and Dr. Mohammed Omar Abdulla Balfaqeeh, UAE Ambassador to Singapore, have reviewed the recommendations of the Singapore Business Council (UAE).

The discussion took place during a meeting that was held at the headquarters of the Abu Dhabi Chamber of Commerce and Industry, which saw the attendance of Mohammed Ahmed Al Nuaimi, Assistant Secretary-General of the Federation of UAE Chambers of Commerce and Industry, and Saleh Al Sharqi, UAE Head Representative at the UAE-Singapore Business Council.

The meeting was held as part of the efforts of the Secretariat-General of the Federation of UAE Chambers of Commerce and Industry to constantly communicate with joint business councils and review their activities and events while offering suggestions to develop bilateral deals with other countries, especially those that support and empower the growth and development of future bilateral economic relations.

Humaid bin Salem praised the role and support of the Ministry of Foreign Affairs and International Cooperation, which was represented by the UAE Embassy in Singapore, through its establishment of the UAE-Singapore Business Council, which provides UAE business owners with the opportunity to discuss their products and services with Singaporean officials.

He added that Singapore has considerable international expertise in establishing industrial and economic areas, especially in the sectors of construction and telecommunications while highlighting the available opportunities for co-operation between the UAE and Singapore in the services, transportation, health, tourism, education, training and other sectors.

Singapore is also an international financial centre, which has the capacities and qualities to develop mutual commercial and investment partnerships, he further added.

Dr. Balfaqeeh stressed that the UAE-Singapore Business Council will facilitate the economic relations between the two countries and will help to overcome the challenges faced by their business sectors. The two countries also have many common characteristics, as they are both leading financial centres in their regions, he added.