Malta Enterprise supporting Maltese companies in the UAE
The Malta Enterprise Office in Dubai hosted a number of individual trade missions in the past months, as various Maltese enterprises sought to learn more about the opportunities available in the United Arab Emirates.
The companies operate in sectors ranging from consultancy, service providers in the oil and gas industry, as well as designers and suppliers of medical gas engineering projects.
Some of these companies have been active in other North African markets and are looking towards the Middle East with a renewed interest as a means of expanding their business into foreign markets, with Malta Enterprise facilitating this process as part of its assistance towards internationalisation.
Over the past months, the Malta Enterprise Office in Dubai identified some potential partners in the UAE and sett up over 200 one-to-one meetings, with the scope of boosting commercial cooperation and business exchange between companies operating in the two markets.
Malta Enterprise also assisted the companies by providing information on potential commercial partnerships and aiding them to understand the regulatory environment of the UAE, which was crucial for the participants to ensure the individual trade missions were highly successful.
One of the Maltese entrepreneurs assisted in this manner explained that he reverted to Malta Enterprise to seek new markets after facing difficulty in sustaining turnover and also keeping the workforce when working in Libya due to the political scenario, adding that the Middle East was a logical choice due to certain similarities in the culture, language and other environmental factors.
“Malta Enterprise is there to support the Maltese industry and with our satellite offices or regional leaders such as the one in Dubai we could offer a service on the ground. We are experiencing this today with a large number of Maltese companies that were active in North Africa and today are seeking new markets,” said Kevin Chircop, Head of the Trade and Investment Promotion Unit at Malta Enterprise.
The Malta Enterprise Office in Dubai was established in 2003 with the prime objective of supporting commercial relations between Malta and the Gulf States, thereby strengthening trade, socio economic and cultural relations.
Further information on doing business in the Middle East can be obtained by sending an email to [email protected]