On Sunday, March 9, the U.S. Chamber of Commerce, Abu Dhabi Chamber of Commerce and Industry, AmCham Abu Dhabi, and the U.S.-U.A.E. Business Council co-hosted a networking luncheon for the business community in Abu Dhabi that featured a keynote address by U.S. Secretary of Commerce Penny Pritzker. The event was held at The St. Regis Abu Dhabi Hotel, where over 400 top business leaders, U.S. government officials, U.A.E. government officials, and media gathered to discuss the importance of the bilateral commercial relationship between the United States and United Arab Emirates.
David Chavern, Executive Vice President and Chief Operating Officer remarked that , “The U.S. Chamber of Commerce values U.S.-U.A.E. trade and investment, and we are here because we want to both celebrate our bilateral relationship, and explore how we can take it to new heights. It is so important that leaders in the business communities and governments of both our countries work together to advance commercial and strategic partnerships. We look forward to continued collaboration with U.S. Commerce Secretary Penny Pritzker and our partner organizations here in the U.A.E. to achieve our shared goals.”
U.S. Commerce Secretary Pritzker highlighted the need for closer economic cooperation as a means to promote development as well as to build deeper security ties with the United States.
The event was part of a trade mission led by Secretary Pritzker who is traveling along with 21 U.S. companies, focusing on environmental technologies, clean energy and project management. This is the first trade mission led by a U.S. Commerce Secretary to the Gulf region in 15 years.
On Monday, March 10, the U.S. Chamber of Commerce, Dubai Chamber, American Business Council of Dubai & the Northern Emirates, and U.S.-U.A.E. Business Council hosted a second networking luncheon honoring the Secretary Pritzker and the U.S. business delegation at the Conrad Hotel in Dubai. The luncheon attracted more than 200 top business executives and government officials to discuss the importance of reinforcing the vital economic and political bond between the United States and Dubai, as well as the United Arab Emirates as a whole. In 2013 alone, total exports from the United States to the U.A.E. reached $24.6 billion, making them the largest regional trading partner with the U.S.
H.E. Reem al-Hashimy provided the keynote address which focused on reinvigorating investments made American business community in Dubai. Al-Hashimy is also a decreed member of the Expo 2020 Preparatory Committee, who is responsible for the U.A.E.’s international bid to host Expo 2020.
Chavern’s trip coincides with the signing of three Memoranda of Understanding between the U.S. Chamber of Commerce and business organizations in the United Arab Emirates and Saudi Arabia, to strengthen commercial ties between the United States and the Gulf Cooperation Council.
Additional Press Coverage
About the Abu Dhabi Chamber of Commerce & Industry (Abu Dhabi Chamber):
The Abu Dhabi Chamber of Commerce & Industry is an autonomous institution of public interest. Abu Dhabi Chamber enjoys its own legal entity to represent the various productive and services activities of the private sector in the Emirate of Abu Dhabi. Since its inception in 1969, Abu Dhabi Chamber has been working and co-operating with the Government and partners towards streamlining and regulating business and industrial affairs in the Emirate of Abu Dhabi, developing such affairs through the Chamber’s basic duties and strategic initiatives. The Abu Dhabi Chamber is striving to establish itself as a leading policy advocate in the Emirate in its capacity as the private sector’s partner and center for information. Abu Dhabi Chamber is the leading voice for the Emirate’s business community and one that is effectively networking with concerned public and private entities. The Chamber plays a major role as a supporter of and contributor to the economic development process, as well as an economic partner in contributing to Abu Dhabi’s economic growth. For more information, visit: www.abudhabichamber.ae
About AmCham Abu Dhabi:
AmCham Abu Dhabi (the trademark of the American Business Group of Abu Dhabi) is amember of the global network of American Chambers of Commerce. The AmCham Abu Dhabi mission is to promote commerce, investment and goodwill between the United States of America, the membership, the Emirate of Abu Dhabi and the United Arab Emirates. AmCham Abu Dhabi is an independent, not-for-profit association comprised of Fortune 500 corporations, small and medium sized companies and prominent business leaders and entrepreneurs. AmCham Abu Dhabi provides a uniquely situated platform through which executives pursue and discuss issues impacting business operations between the U.S. and U.A.E. Substantive government advocacy programs, educational and networking programs and customized business service are just a few of the many benefits AmCham Abu Dhabi provides its members. Through the support of its members, AmCham Abu Dhabi has become the recognized voice of U.S. business in Abu Dhabi, the capital city of the United Arab Emirates. For more information, visit: www.amchamabudhabi.org
About the American Business Council Dubai & the Northern Emirates:
The American Business Council of Dubai & the Northern Emirates operates under the auspices of the Dubai Chamber of Commerce & Industry and functions as a Chapter of the U. S. Chamber of Commerce. Since its founding in 1985, the American Business Council has supported U.S. business interests in Dubai & the Northern Emirates and acts as a liaison between government and commercial enterprises.
The American Business Council is a 500 plus member-driven organization. Fortune 500 companies and key business leaders are well represented among the members of the American Business Council. The American Business Council provides a forum for understanding and interaction between the local business community and members of the American Business Council. Members are supported through a robust calendar of informational programs, round-table discussions, and business networking opportunities. For more information, visit: www.abcdubai.com.
About the Dubai Chamber:
Dubai Chamber of Commerce & Industry is a leading chamber of commerce in the Middle East and has kept pace with the rise of the Emirate of Dubai as one of the fastest growing cities in the world. This apex facilitator of business serves over 100,000 members with world-class services and helps the business community develop its commercial activities and compete in the global market.
Dubai Chamber’s mission is to represent, support, and protect the interests of the business community in Dubai, while, its strategic objectives are to create a favorable business environment, support the development of business, and promote Dubai as an international business hub. The Chamber plays a significant role in enhancing competitiveness, voicing, and influencing policies of interests to its members and to local, regional and international authorities. For more information, visit: www.dubaichamber.com.
About the U.S.-U.A.E. Business Council:
The U.S.-U.A.E. Business Council is a progressive business advocacy organization solely committed to the advancement of the trade and commercial relationship between the United States and the United Arab Emirates. The U.S.-U.A.E. Business Council provides its diverse membership unparalleled access to senior decision makers in business and government in the U.A.E. and in the U.S. The Business Council actively works to ensure that the U.S. and U.A.E. remain attractive destinations for foreign direct investment by conducting effective policy advocacy, undertaking various trade promotion initiatives, providing ongoing updates on the business climate in both countries, and helping develop strategic relationships between U.S. and U.A.E. business and government officials. For more information, visit: www.usuaebusiness.org