The Sharjah Chamber of Commerce and Industry (SCCI) and the Kenya National Chamber of Commerce and Industry (KNCCI) have explored ways to collaborate for establishing a representative office for the KNCCI in the emirate, to strengthen bilateral relations and support the two countries’ business communities.
The opening of the office was confirmed during a meeting between SCCI and a high-profile delegation from the KNCCI, headed by its President Mr. Richard Ngatia.
Mr. Abdullah Sultan Al Owais, Chairman of SCCI, has emphasized that Sharjah Chamber is eager to provide all required assistance in the establishment of the Kenyan office, noting that this move will improve Sharjah-Kenya relations.
“The companies operating in Sharjah could play a pivotal role in enhancing the bilateral economic cooperation by making use of the enormous opportunities for investment in Kenya, especially in the agriculture, infrastructure, and energy sectors. The visits conducted by the Chamber to Nairobi over the past years aimed to maintain Sharjah’s position as a gateway to Africa for regional and global markets and enhance the emirate’s presence in the emerging markets in Africa.”
Mr. Ngatia has highlighted his country’s willingness to extend international cooperation and sign a number of business agreements.
“Opening a representative office in Sharjah would help to get the most out of the lucrative opportunities for investment in the UAE and Sharjah, especially in industry, commerce, tourism sectors, logistics, and financial services,” he further added.
In 2019, the non-oil trade exchange between the UAE and Africa totaled $50 billion, while the non-oil trade exchange between the UAE and Kenya reached about $2.7 billion.