Zimbabwe promises to provide assistance to investors from the United Arab Emirates

The Zimbabwe-UAE Business Forum was held in the capital Harare. Several UAE companies from various sectors travelled to the African country to seek new potential investment opportunities.

Targeted sectors include satellite communications, agribusiness, fruit and vegetable trading, food, tea companies, halal trading and marketing.

Statistics show that trade between Zimbabwe and the UAE has been growing over the past few years. Exports to the UAE have increased from US$96 million in 2024 to US$1.9 billion. This is reported by The Herald.

Zimbabwe's imports from the UAE include fertilisers, electrical equipment and gadgets, clothing and textiles, pharmaceuticals, aviation and space equipment, mineral fuels and plastics.

The exponential growth in trade has made the UAE Zimbabwe's second largest trading partner.

Most of the shipments still consist mainly of primary products such as minerals and semi-finished goods. Government believes that measures should be put in place to incentivise exports of value-added products, especially new products.

"We stand ready to support your business interests and provide any necessary assistance as you take advantage of the bountiful trade and investment opportunities available in Zimbabwe," said Permanent Secretary in the Ministry of Foreign A!airs and International Trade, Albert Chimbindi.

UAE Ambassador to Zimbabwe, Jassim Mohamed Al Qasimi, also addressing the gathering, said it was clear that the UAE and Zimbabwe have a strong desire to promote and develop trade in the two respective regions.

"The Zimbabwean-UAE forum is a testimony of shared commitment to mutual growth and prosperity between the two countries, to develop and strengthen the bilateral business relations and explore new avenues of economic cooperation. These are the commitments which are essential for sustaining fruitful exchanges between the two countries," Ambassador Qasimi said.

The Zimbabwe-UAE Business Forum is one of the initiatives aimed at strengthening the strategic and growing economic relations between the two countries.

Photo: iStock