Dubai and Ethiopia are scaling up their economic partnership, as Dubai Chambers concludes a high-level trade mission in Addis Ababa aimed at facilitating deeper trade exchange and capturing new investment opportunities. Led by Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, the visit emphasized the strategic importance of Ethiopia as a gateway for Dubai-based businesses looking to expand into African markets.

Central to the mission was a focused engagement with the Ethiopian Investment Commission, where Dubai Chambers representatives met with Deputy Commissioner Zinabu Yirga. The discussions centered on attracting cross-border investment and strengthening cooperation in priority sectors. 

Both parties worked to highlight the distinct investment environments of Dubai and Ethiopia, aiming to provide a clearer framework of the competitive advantages available to investors and international companies looking to operate in these markets.

The mission also facilitated strategic dialogues with key government and economic stakeholders to cement long-term collaboration. Mohammad Ali Rashed Lootah met with the Minister of Industry, Melaku Alebel, to discuss the expansion of cooperation across industrial sectors, with a specific focus on boosting trade exchange and opening new avenues for joint private sector partnerships. 

Furthermore, the delegation engaged with Ethiopian Investment Holdings, Africa’s largest sovereign wealth fund, represented by Deputy CEO Meleket Sahlu. These talks explored opportunities to build partnerships that advance economic development and create new value for investors from both regions.

These engagements were part of a broader trade mission to Ethiopia and Ghana, designed to support the international growth of companies operating in Dubai. By fostering direct communication between public and private sector leaders, Dubai Chambers continues to solidify the foundation for increased trade flows and mutually beneficial investment between the two nations.