UAE-France Business Forum calls for strategic cooperation

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Staff Report

Dubai: Government and business leaders from the UAE and France called for strategic cooperation between the two countries in the areas of innovation, mobility and sustainability, during the UAE-France Business Forum in Dubai on Thursday.

The event was organized by the Dubai Chamber of Commerce and Industry in cooperation with the French Embassy in the UAE, Business France, and the French Business Council in Dubai.

In his welcome remarks, Hamad Buamim, President and CEO of Dubai Chamber, spoke about the strong trade and investment ties that the UAE and France share, and noted that
there is plenty of scope to expand collaboration to new sectors and areas such as smart city solutions, sciences and healthcare, block chain and other innovative technologies.

Dubai Chamber’s President and CEO stressed on the importance of the Forum as an innovative platform for new partnerships between French and UAE businesses, adding that the event supports the aims of both countries to diversify their economies and develop capabilities in new industries.

Giving his opening remarks, Benjamin Griveaux, State Secretary to the Ministry of Economy and Finance, said that the decision of Emmanuel Macron, President of France, to visit the UAE on his first mission to the Middle East is not a coincidence, and reflects the strong relations between the two countries.

Griveaux noted that the forum provided an ideal opportunity for the UAE and France to celebrate their partnership and strengthen bilateral relations in the future, especially with Dubai Expo 2020 around the corner.

Three panel discussions were held during the event which focused on the three sub-themes of Opportunity, Mobility and Sustainability, where industry experts shared knowledge and insights, and discussed prospects for future cooperation in these areas between UAE and French businesses.

Speaking on the topic of sustainability and common ambitions between the UAE and France on future energies, Al Ramahi said: “Masdar has a long-standing partnership with France and the French business community – one that reflects the warm ties between our two countries. Today, we are working together across the sustainability domain – in utility-scale solar power, energy efficiency, mobility, desalination, and waste to energy, among other fields.”

Dubai Chamber signed a memorandum of understanding (MoU) with Paris Île-de- France Regional Chamber of Commerce and Industry on the sidelines of the event. The agreement aims to enhance cooperation and coordination in the fields of entrepreneurship, innovation and economic exchange, particularly in the sectors of transport, services, industry,
innovation, sustainable development, food industries, and urbanization.

Twelve start-ups and SMEs from France joined the official delegation led by the French President which included Arts Energy, Apix Analytics, Mobilier Turrini, David Lange, Entech,
Gaussin, Histovery, Okeenea, Steam France, Sterela, Tecofi, Xooloo, and Yellow Korner.

The event also involved the participation of La French Tech, a movement for and by entrepreneurs backed by the French Government.