DUBAI, 16th January, 2019
The Dubai Investment Development Agency (Dubai FDI), the investment development agency of Dubai Economy (DED), recently held a meeting with major industries and key investors at the Circulo Ecuestre in Barcelona, Spain in collaboration with Senda International Company.
The meeting, which aimed to further boost Dubai’s strong investment and trade relations with Spain, formed part of Dubai FDI’s efforts to showcase Dubai’s competitive edge to attract international investors and boost the emirate’s socio-economic development.
Following Spanish investors’ strong interest in the tourism and retail sectors of the emirate, Dubai FDI, through this visit, has expressed a key focus on attracting their attention towards new investment opportunities in the construction, technology and equipment sectors, especially after seeing great interest in such sectors.
During the meeting, Natalia de Olano, CEO of Senda International, presented her successful experiences as an investor in Dubai for 18 years and her services to companies wishing to reach other regional markets through Dubai.”
“It is our honour to sign this partnership agreement with Dubai FDI. We are glad to build this new bridge with Spain together with Dubai FDI. We will guide and support investors by creating stable local corporate relations to make their investment even more rewarding. We are proud to introduce the strategic advantages of Dubai to leading companies which has not explored yet the opportunities that Dubai offers as an international business hub, especially with no income or corporate tax for businesses or individuals. In private meetings we explored their objectives, they all stated it this is a great initiative to build trust and strengthen their relations with Dubai. We expect this to be just a start of much better things to come,” said Natalia de Olano, CEO of Senda International.
According to the latest data released by Dubai FDI Monitor, Spanish investment in Dubai has reached around US$800 million this year, putting Spain among the top three investors in terms of direct foreign capital in the emirate.
Apart from the retail industry, the report also revealed Spanish investors’ high interest in investing in the tourism sector, with their investments reaching US$500 million. Spain is currently among the top 10 investors in FDI projects this year in Dubai.
Source Emirates News Agency