UAEimportanceisgrowingonworldeconomicmap

InaninterviewwithValdisDombrovskis,thePrimeMinisteroftheRepublicofLatvia,hesaidthatimportanceof UAEisgrowingbiggeronmapofmostimportanteconomiccountriesintheworld,basedoncontinuousgrowth witnessedbyUAE,thematterthatmadeLatviakeentoenhanceitseconomiccooperationbetweenthetwo countries.HeaddedthatLatvianportsofferinterestingopportunitiestoDPWorld.Thiscameonsidelineof launchingUAELatvianBuisnessForumorganizedbyDubaiChamberofCommerceandIndustry. Thereare1clipping(s)in1part(s)withsummaryavailablein:English Publishedon: Section: Edition: Page: Size: AdValue: 12/03/2012 Business 11590 10 316cc $6,882.29 Name: Country: Language: Circulation: Distribution: Frequency: AlBayan UnitedArabEmirates Arabic 104,550 FR,IN,JO,SY,TH,GB,GCC Morning

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UAELatviaBusinessForumcallsformenacingjoint investments
DubaiLatviaislookingtoestablishclosertieswiththeUAEbothintermsofpoliticaldialogueandeconomic relations,itsPrimeMinisterValdisDombrovskistoldtheDubaiChamberofCommerceandIndustryMonday.Leading abusinessdelegationthatincludes40entrepreneursonaGulftour,Dombrovskisispursuingclosercooperation withtheUAEinsectorssuchastransportandlogistics,education,construction,energy,realestate,metalworks, andmedicineamongothers.HeaddressedaUAELatviaBusinessForumorganisedbytheDubaiChamberof CommerceandIndustryincoordinationwiththeInvestmentDevelopmentAgencyofLatviaattheChamber's headquarters."ThelargedistancebetweenLatviaandtheUAEisobviouslystilladrawbackformuchcloser economicties,butIamcertainthatcooperationbetweenourtwocountrieshasmuchunfulfilledpotential," Dombrovskissaid.ParticipantsattheForumhaverevealedthatnegotiationsarecurrenltyunderwaywithDPWorld tomanageoneofLatvia'sports. Thereare1clipping(s)in1part(s)withsummaryavailablein:English Publishedon: Section: Edition: Page: Size: AdValue: 13/03/2012 BUSINESS 11986 4 65cc $1,415.66 Name: Country: Language: Circulation: Distribution: Frequency: AlKhaleej UnitedArabEmirates Arabic 150,000 EG,IQ,GB,YE,GCC Morning

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LatviastressestradeturnoverwithUAEininvestment pitch
LatviaislookingtoestablishclosertieswiththeUAEbothintermsofpoliticaldialogueandeconomicrelations,its PrimeMinisterValdisDombrovskistoldtheDubaiChamberofCommerceandIndustryyesterday.Leadinga businessdelegationthatincludes40entrepreneursonaGulftour,Dombrovskisispursuingclosercooperationwith theUAEinsectorssuchastransportandlogistics,education,construction,energy,realestate,metalworks,and medicineamongothers. Thereare1clipping(s)in1part(s)withsummaryavailablein:English Publishedon: Section: Page: Size: AdValue: 13/03/2012 business 26 85cc $2,955.75 Name: Country: Language: Circulation: Distribution: Frequency: GulfNews UnitedArabEmirates English 111,637 BH,IN,OM,PK,QA,SA,AE Morning

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LatviaseespotentialforJVbusiness,investment
LatviaiskeentostrengthenbilateraltieswiththeUAEasthetwocountriesbusinesscooperationhashuge potentialandcanbeconvertedintojointinvestmentopportunities.ThiswasstatedbyValdisDombrovskis,Prime MinisteroftheRepublicofLatvia,whoheadedaLatvianbusinessdelegationtoDubaiaspartofthecountrysGulf tour.TheprimeministersstatementcameduringhisofficialvisittothefirstUAELatviaBusinessForumorganised byDubaiChamberofCommerceandIndustryincooperationwithInvestmentDevelopmentAgencyofLatviaatthe ChamberheadquartersonMonday. Thereare1clipping(s)in1part(s)withsummaryavailablein:English Publishedon: Section: Edition: Page: Size: AdValue: 13/03/2012 business 333 30 59cc $2,184.47 Name: Country: Language: Circulation: Distribution: Frequency: KhaleejTimes UnitedArabEmirates English 75,135 IN,PK,YE,GCC,Europe Morning

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UAELatviaBusinessForumhighlightsinvestment opportunities
ValdisDombrovskis,PrimeMinisteroftheRepublicofLatvia,whoheadedaLatvianbusinessdelegationtoDubaias partofthecountrysGulftour,saidthatLatviaiskeentostrengthenbilateraltieswiththeUAEasthetwo countriesbusinesscooperationhashugepotentialandcanbeconvertedintojointinvestmentopportunities.The LatvianPrimeMinistersstatementcameduringhisofficialvisittothefirstUAELatviaBusinessForumorganisedby DubaiChamberofCommerceandIndustryincooperationwithInvestmentDevelopmentAgencyofLatviaatthe ChamberheadquartersonMonday. Thereare1clipping(s)in1part(s)withsummaryavailablein:English Publishedon: Section: Edition: Page: Size: AdValue: 13/03/2012 Business 333 2 68cc $925.62 Name: Country: Language: Circulation: Distribution: Frequency: TheGulfToday UnitedArabEmirates English 46,200 BH,IN,OM,QA,AE,GB Morning

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UAELatviaBusinessForumcallsformenacingjoint investments
DubaiLatviaislookingtoestablishclosertieswiththeUAEbothintermsofpoliticaldialogueandeconomic relations,itsPrimeMinisterValdisDombrovskistoldtheDubaiChamberofCommerceandIndustryMonday.Leading abusinessdelegationthatincludes40entrepreneursonaGulftour,Dombrovskisispursuingclosercooperation withtheUAEinsectorssuchastransportandlogistics,education,construction,energy,realestate,metalworks, andmedicineamongothers.HeaddressedaUAELatviaBusinessForumorganisedbytheDubaiChamberof CommerceandIndustryincoordinationwiththeInvestmentDevelopmentAgencyofLatviaattheChamber's headquarters."ThelargedistancebetweenLatviaandtheUAEisobviouslystilladrawbackformuchcloser economicties,butIamcertainthatcooperationbetweenourtwocountrieshasmuchunfulfilledpotential," Dombrovskissaid.ParticipantsattheForumhaverevealedthatnegotiationsarecurrenltyunderwaywithDPWorld tomanageoneofLatvia'sports. Thereare1clipping(s)in1part(s)withsummaryavailablein:English Publishedon: Section: Edition: Page: Size: AdValue: 13/03/2012 LOCAL 11967 9 151cc $1,849.89 Name: Country: Language: Circulation: Distribution: Frequency: AlWahda UnitedArabEmirates Arabic 30,000 AE Morning

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UAELatviaBusinessForumcallsforenhancingjoint investments
DubaiLatviaislookingtoestablishclosertieswiththeUAEbothintermsofpoliticaldialogueandeconomic relations,itsPrimeMinisterValdisDombrovskistoldtheDubaiChamberofCommerceandIndustryMonday.Leading abusinessdelegationthatincludes40entrepreneursonaGulftour,Dombrovskisispursuingclosercooperation withtheUAEinsectorssuchastransportandlogistics,education,construction,energy,realestate,metalworks, andmedicineamongothers.HeaddressedaUAELatviaBusinessForumorganisedbytheDubaiChamberof CommerceandIndustryincoordinationwiththeInvestmentDevelopmentAgencyofLatviaattheChamber's headquarters."ThelargedistancebetweenLatviaandtheUAEisobviouslystilladrawbackformuchcloser economicties,butIamcertainthatcooperationbetweenourtwocountrieshasmuchunfulfilledpotential," Dombrovskissaid.ParticipantsattheForumhaverevealedthatnegotiationsarecurrenltyunderwaywithDPWorld tomanageoneofLatvia'sports. Thereare1clipping(s)in1part(s)withsummaryavailablein:English Publishedon: Section: Edition: Page: Size: AdValue: 13/03/2012 Business 1094 7 65cc $2,211.97 Name: Country: Language: Circulation: Distribution: Frequency: AlrroyaAleqtissadiya UnitedArabEmirates Arabic 30,000 AE Morning

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UAELatviaBusinessForumdiscussescooperation
DubaiLatviaislookingtoestablishclosertieswiththeUAEbothintermsofpoliticaldialogueandeconomic relations,itsPrimeMinisterValdisDombrovskistoldtheDubaiChamberofCommerceandIndustryMonday.Leading abusinessdelegationthatincludes40entrepreneursonaGulftour,Dombrovskisispursuingclosercooperation withtheUAEinsectorssuchastransportandlogistics,education,construction,energy,realestate,metalworks, andmedicineamongothers.HeaddressedaUAELatviaBusinessForumorganisedbytheDubaiChamberof CommerceandIndustryincoordinationwiththeInvestmentDevelopmentAgencyofLatviaattheChamber's headquarters."ThelargedistancebetweenLatviaandtheUAEisobviouslystilladrawbackformuchcloser economicties,butIamcertainthatcooperationbetweenourtwocountrieshasmuchunfulfilledpotential," Dombrovskissaid.ParticipantsattheForumhaverevealedthatnegotiationsarecurrenltyunderwaywithDPWorld tomanageoneofLatvia'sports. Thereare1clipping(s)in1part(s)withsummaryavailablein:English Publishedon: Section: Edition: Page: Size: AdValue: 13/03/2012 General 10435 13 33cc $314.44 Name: Country: Language: Circulation: Distribution: Frequency: AlFajr UnitedArabEmirates Arabic 21,980 YE,GCC Morning

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Latviashowcasesgroupofinvestmentopportunitiesin frontofUAEcompanies
DubaiLatviaislookingtoestablishclosertieswiththeUAEbothintermsofpoliticaldialogueandeconomic relations,itsPrimeMinisterValdisDombrovskistoldtheDubaiChamberofCommerceandIndustryMonday.Leading abusinessdelegationthatincludes40entrepreneursonaGulftour,Dombrovskisispursuingclosercooperation withtheUAEinsectorssuchastransportandlogistics,education,construction,energy,realestate,metalworks, andmedicineamongothers.HeaddressedaUAELatviaBusinessForumorganisedbytheDubaiChamberof CommerceandIndustryincoordinationwiththeInvestmentDevelopmentAgencyofLatviaattheChamber's headquarters."ThelargedistancebetweenLatviaandtheUAEisobviouslystilladrawbackformuchcloser economicties,butIamcertainthatcooperationbetweenourtwocountrieshasmuchunfulfilledpotential," Dombrovskissaid.ParticipantsattheForumhaverevealedthatnegotiationsarecurrenltyunderwaywithDPWorld tomanageoneofLatvia'sports. Thereare1clipping(s)in1part(s)withsummaryavailablein:English,Arabic Publishedon: Section: Edition: Page: Size: AdValue: 13/03/2012 Business 13400 7 107cc $2,738.20 Name: Country: Language: Circulation: Distribution: Frequency: AlIttihad UnitedArabEmirates Arabic 94,275 AE Morning

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Published on: 12/03/2012 Name: City 7

Published on: 12/03/2012 Name: Dubai One TV Language: English

Published on: 12/03/2012 Name: Sama Dubai

UAE-Latvia Business Forum highlights investment opportunities

Published on Al Bawaba (http://www.albawaba.com)

UAE-Latvia Business Forum highlights investment opportunities

Published March 12th, 2012 - 08:56 GMT Press Release
[1]

H.E. Valdis Dombrovskis, said that Latvia is keen to strengthen bilateral ties with the UAE as the two countries business cooperation has huge potential and can be converted into joint investment opportunities. H.E. Valdis Dombrovskis, Prime Minister of the Republic of Latvia, who headed a Latvian business delegation to Dubai as part of the countrys Gulf tour, said that Latvia is keen to strengthen bilateral ties with the UAE as the two countries business cooperation has huge potential and can be converted into joint investment opportunities. The Latvian Prime Ministers statement came during his official visit to the first UAE-Latvia Business Forum organised by Dubai Chamber of Commerce and Industry in cooperation with Investment Development Agency of Latvia at the Chamber headquarters on Monday. The forum was attended by a large number of top officials representing a cross-section of private sector companies in Dubai as well as representatives of business councils and business groups operating under the umbrella of Dubai Chamber. "I strongly believe that life is made of opportunities and this is our opportunity to develop close business ties that will contribute to prosperity of our two countries, said H.E. Valdis Dombrovskis. "Latvia is a gateway to Western Europe, Scandinavian countries or Russia, depending from where you come and which way you want to go. Latvia is also a safe place to do business in, said the Latvian Prime Minister. He added, Last year, Latvia ranked 21st in the world according to World Bank's Doing Business index which measures the openness of business environment. With each year, the UAE is gaining more and more strength and influence in global economy and I believe there are many things our countries can share."
http://www.albawaba.com/print/business/pr/uae-latvia-business-for...416521?utm_source=PR_Email&utm_medium=email&utm_campaign=PR_Email (1 of 3) [3/18/2012 10:55:59 AM]

UAE-Latvia Business Forum highlights investment opportunities

H.E. Valdis Dombrovskis informed that Latvias main exports to UAE are machinery and electronics (66%), food products (14%), vehicles (6%), woodwork (5%) as well as chemical products and pharmacies (2%). In 2010 the total turnover of trade between Latvia and UAE was 22.2m ($30m) which is 80% more than in 2009. In his welcome address, H.E. Abdul Rahman Saif Al Ghurair, Chairman, Dubai Chamber, urged the visiting Latvian business delegation to benefit from Dubais lucrative investment opportunities, re-export facilities including world-class logistics and financial services as well as unconditional Government support. Dubai offers an East meets West location and easy access to regional markets of 2.2 billion consumers while Latvia, with its strategic location has established itself as an important crossroad for international trade and commerce hence we see a huge potential for businesses from both sides to work together and turn this opportunity to do better business in the future, said H.E. Al Ghurair. The Chairman of Dubai Chamber further stressed that trade, including exports and re-exports, financial services, logistics and tourism are the driving forces of Dubais economy, and urged the Latvian companies to invest in Dubai and take the two countries economic ties to the next level. The exploring of the East European markets is part of a Dubai Chamber strategy which began with the recommendations of HH Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice-President and Prime Minister and Ruler of Dubai, and this UAE Latvia Business Forum is a step in that direction as we look at this as an opportunity to strengthen our economic ties and benefit from the investment potential offered by both the countries," added H.E. Al Ghurair. In the first five months of 2011, Dubais non-oil trade with Latvia valued at AED 43.4 million as the country ranked 123rd on the list of Dubais top trading partners. Presently, there are a few Latvian partnership and ownership companies registered with Dubai Chamber, and there is tremendous scope for more investors to set up businesses in the Emirate, said H.E. Al Ghurair. He informed that the exports and re-exports of Dubai Chamber members to Latvia in 2011 has grown by 101.4% as the value rose to AED 17.8 million compared to AED 8.8 million in 2010. H.E. Daniels Pavuts, Latvian Minister of Economy, spoke about the business and investment opportunities in his country which was followed by a presentation on Latvias key economic sectors including transportation and logistics, finance, biotechnology, agriculture and IT. On its part, Dubai Chamber also provided an introductory presentation about Dubai and its investment opportunities to the visiting business delegates. 2012 Al Bawaba (www.albawaba.com
[2])

Source URL: http://www.albawaba.com/business/pr/uae-latvia-business-forum-highlights-investment-opportunities-416521

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UAE-Latvia Business Forum highlights investment opportunities

Links: [1] http://www.albawaba.com/en/node/355857?nid=416521 [2] http://www.albawaba.com

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2102 ,81 PDF generated on: Sun, Mar

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PDF generated on: Sun, Mar 18, 2012

UAE-Latvia Business Forum highlights investment opportunities

March 2012 12
Latvian Prime Minister attends the forum organised by Dubai Chamber in cooperation with Investment Development Agency of Latvia

H.E. Valdis Dombrovskis: Latvia and the UAE's business cooperation has huge potential which both the countries can explore

Al Ghurair: This Forum offers huge prospects for Dubai businesses to expand into the East European markets

Dubai, UAE: H.E. Valdis Dombrovskis, Prime Minister of the Republic of Latvia, who headed a Latvian business delegation to Dubai as part of the country's Gulf tour, said that Latvia is keen to strengthen bilateral ties with the UAE as the two countries' business cooperation has huge potential and can be converted into joint investment opportunities. The Latvian Prime Minister's statement came during his official visit to the first UAE-Latvia Business Forum organised by Dubai Chamber of Commerce and Industry in cooperation with Investment Development Agency of Latvia at the Chamber headquarters on Monday. The forum was attended by a large number of top officials representing a cross-section of private sector companies in Dubai as well as representatives of business councils and business groups operating under the umbrella of Dubai Chamber. "I strongly believe that life is made of opportunities and this is our opportunity to develop close business ties that will contribute to prosperity of our two countries," said H.E. Valdis Dombrovskis. "Latvia is a gateway to Western Europe, Scandinavian countries or Russia, depending from where you come and which way you want to go. Latvia is also a safe place to do business in," said the Latvian Prime Minister. He added, "Last year, Latvia ranked 21st in the world according to World Bank's Doing Business index which measures the openness of business environment. With each year, the UAE is gaining more and more strength and influence in global economy and I believe there are many things our countries can share." H.E. Valdis Dombrovskis informed that Latvia's main exports to UAE are machinery and electronics (66%), food products (14%), vehicles (6%), woodwork (5%) as well as chemical products and pharmacies (2%). In 2010 the total turnover of trade between Latvia and UAE was 22.2m ($30m) which is 80% more than in 2009. In his welcome address, H.E. Abdul Rahman Saif Al Ghurair, Chairman, Dubai Chamber, urged the visiting Latvian business delegation to benefit from Dubai's lucrative investment opportunities, re-export facilities including world-class logistics and financial services as well as unconditional Government support. "Dubai offers an East meets West location and easy access to regional markets of 2.2 billion consumers while Latvia, with its strategic location has established itself as an important crossroad for international trade and commerce hence we see a huge potential for businesses from both sides to work together and turn this opportunity to do better business in the future," said H.E. Al Ghurair. The Chairman of Dubai Chamber further stressed that trade, including exports and re-exports, financial services, logistics and tourism are the driving forces of Dubai's economy, and urged the Latvian companies to invest in Dubai and take the two countries' economic ties to the next level. "The exploring of the East European markets is part of a Dubai Chamber strategy which began with the recommendations of HH Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice-President and Prime Minister and Ruler of Dubai, and this UAE Latvia Business Forum is a step in that direction as we look at this as an opportunity to strengthen our economic ties and benefit from the investment potential offered by both the countries," added H.E. Al Ghurair. In the first five months of 2011, Dubai's non-oil trade with Latvia valued at AED 43.4 million as the country ranked 123rd on the list of Dubai's top trading partners. Presently, there are a few Latvian partnership and ownership companies registered with Dubai Chamber, and there is tremendous scope for more investors to set up businesses in the Emirate, said H.E. Al Ghurair.

He informed that the exports and re-exports of Dubai Chamber members to Latvia in 2011 has grown by 101.4% as the value rose to AED 17.8 million compared to AED 8.8 million in 2010. H.E. Daniels Pavuts, Latvian Minister of Economy, spoke about the business and investment opportunities in his country which was followed by a presentation on Latvia's key economic sectors including transportation and logistics, finance, biotechnology, agriculture and IT. On its part, Dubai Chamber also provided an introductory presentation about Dubai and its investment opportunities to the visiting business delegates. -EndsEstablished in 1965, the Dubai Chamber of Commerce and Industry is a non-profit public entity, whose mission is to represent, support and protect the interests of the business community in Dubai by creating a favorable business environment, supporting the development of business, and by promoting Dubai as an international business hub. Press Release 2012

Article originally published by Press Release 12-Mar-12

Copyright 2012 Zawya Ltd. All rights reserved. PDF provided by www.zawya.com