President of Uganda visits SCCI

Museveni said that the UAE, specifically the Emirate of Sharjah, is held in high regard by Uganda and its people, expressing his appreciation for the emirate’s level of civilization and its economic leverage in the region.

He praised the successful economic vision of His Highness Dr. Sheikh Sultan bin Mohammad Al Qasimi, Supreme Council Member and Ruler of Sharjah.

The delegation was welcomed by  Abdullah Sultan Al Owais, SCCI’s Chairman,  Abdullah Hassan Al Shamsi, the UAE Ambassador to Uganda, and Waleed Abdul Rahman Bukhatir, Second Vice Chairman of the Board of Directors, SCCI, as well as Mohammad Ahmed Amin Al Awadi, Director-General of SCCI. This is in addition to a number of SCCI members.

President Yoweri Museveni praised the role that the Sharjah Chamber plays in promoting bilateral economic relations and supporting the emirate’s reputation in the world of finance and business.
He encouraged UAE investors and businesspeople to visit Uganda and explore the many investment opportunities available, particularly in technology, agriculture, industry, and energy, adding that Uganda is the second-largest producer of bananas in the world, produces 2.8 billion liters of milk annually, and has 39 tea-producing factories in the UAE.

For his part, Al Owais stated that the chamber is keen to foster economic relations between Sharjah and Ugandan business communities. This is demonstrated through the visits that the chamber has led to Uganda since 2015, including a trade mission to the capital Kampala last year. 

During this mission, a business forum was held between Sharjah and Uganda to highlight investment opportunities in both countries, which had a significant impact on strengthening and developing economic ties between the two countries. Al Owais stated that Uganda is a promising market with great opportunities for Emirati businessmen.

Meanwhile, Al Awadi said that the chamber values such a significant visit and is willing to build upon it and further strengthen the relationship between Uganda and Sharjah. He emphasized that the chamber looks forward to boosting cooperation with Uganda in various fields that would serve the interests of both sides. 

Al Awadi also noted that trade relations between the UAE and Uganda are already strong and have been growing, with trade exchange reaching 3$.8 billion US in 2021 and the UAE being a major trading partner for Uganda.