Abdallah Sultan Al Owais, the chairman of the Sharjah Chamber of Commerce and Industry (SCCI), met with John Mirenge, the ambassador of Rwanda to the United Arab Emirates (UAE), and his delegation at the SCCI headquarters to reiterate the organisation’s commitment to strengthening economic ties with the Republic of Rwanda.
The meeting’s main topic of discussion was whether Rwanda could be included in the Sharjah Chamber’s yearly trade mission to East Africa.
This programme demonstrates the Chamber’s dedication to expanding Sharjah’s investment cooperation with promising African markets.
The goal of the trade mission is to support both countries’ plans for sustainable development by fostering joint investments with Rwanda in a number of economic sectors and opening up new avenues for trade and tourism exchange.
Al Owais emphasised that in order to improve economic and investment relations, it is critical to cultivate collaboration with Rwanda’s private sector.
The UAE is one of the main sources of foreign direct investment in Rwanda, he said, and this fact supports the encouraging signs for future economic cooperation between the two countries.
The main areas of focus for these investments are manufacturing, real estate, oil and gas, agribusiness, infrastructure, healthcare, energy, and tourism.
He underlined that the dynamic opportunities that are developing in Rwanda provide a favourable setting for growing Emirati investments in the upcoming time frame.
The importance of consistent efforts to strengthen reciprocal economic ties was emphasised by both parties at the end of the meeting. The necessity of building on the successful results of the UAE-Rwanda Business Forum, which was hosted by the Sharjah Chamber in November 2023, was also emphasised.
Meanwhile, the United Arab Emirates’ new national climate plan, which was unveiled in the last week of November 2024, in advance of the United Nations COP29 climate summit in Azerbaijan, pledged to reduce its planet-warming emissions by 47% from 2019 levels by 2035.