Thursday, August 5, 2021

Dubai, Germany bilateral trade hit $6.70bln…

DUBAI – Bilateral trade between Germany and Dubai reached AED24.6 billion in 2020 and will continue to grow given Dubai’s ease of doing business and flexible ecosystem, according to a top official of Dubai Silicon Oasis Authority (DSOA).

Dubai Silicon Oasis also provides numerous facilities to streamline business set-up and operations, attracting hundreds of international technology companies, Dr Mohammed Al Zarooni, Vice Chairman and CEO of DSOA added, while welcoming Ernst Peter Fischer, Ambassador of Germany to the UAE, at DSOA’s headquarter in Dubai.

Dr Al Zarooni reiterated DSOA’s commitment to provide a conducive environment for German and international companies to establish and expand their businesses in this region. He also emphasised DSOA’s commitment to embodying its appointment as a science and technology and knowledge hub – one of the five urban centers under the Dubai 2040 Urban Master Plan – to support entrepreneurial creativity and empower entrepreneurs to establish their innovative technology concepts.

For his part, the German Ambassador hailed the conducive environment for entrepreneurs and startups at Dubai Silicon Oasis (DSO), a government-owned…

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