Dubai Chamber has solidified its footprint in Africa with unveiling its trade office in Lagos, marking a pivotal step in its expansion strategy across the continent. The move aims to tap into the burgeoning business landscape of Nigeria and the broader West African region.
Mohammad Lootah, President and CEO of Dubai Chambers, expressed his enthusiasm during the inauguration ceremony of Dubai’s new international representative office in Lagos. “As part of our efforts to further strengthen Dubai’s trade and economic ties with Nigeria, I am excited to announce that we are inaugurating our new international representative office here in Lagos today,” Lootah affirmed.
Highlighting the significance of establishing a presence in Nigeria, Lootah emphasized the milestone for Dubai’s International Chamber, characterizing the move as a strategic platform to foster cross-border partnerships within one of Africa’s foremost economies.
“The launch of our Lagos office – the chamber’s seventh in Africa and 28th worldwide – opens new channels for communication and economic cooperation,” Lootah remarked. He outlined the objectives of the office, citing collaboration with local partners to bolster Dubai’s robust commercial relationships in Nigeria. The office will facilitate business matching and networking events while providing comprehensive support for companies and investors in navigating diverse business opportunities and enhancing trade and investments.
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Lagos State Governor, Babajide Sanwo-Olu, hailed the occasion during his address at the event, encouraging businesses and entrepreneurs to spread the news of Dubai’s significant step into Lagos. “Indeed, Dubai has found a home in Lagos, and Lagos is ready to give Dubai a space in their vibrant and big city,” remarked Governor Sanwo-Olu.
Sanwo-Olu urged stakeholders to capitalize on this milestone to establish enduring and mutually beneficial business and economic relationships. “Let’s take the opportunity that this has created to make a long-lasting, mutually beneficial business economic relationship that will outlive all of us here,” he emphasized, extending a warm welcome to Dubai Chamber representatives and wishing them success in their endeavors within Lagos.
The inauguration event signaled a promising era of strengthened economic ties between Dubai and Nigeria, fostering optimism for sustainable growth, increased trade, and robust partnerships between the two regions.
