Dubai Maritime City in Egyptian partnership

Dubai, January 31, 2009

Dubai Maritime City, the first purpose-built maritime centre and a Dubai World Group unit, has signed a MoU with Egypt-based Arab Sea Ports Federation to explore joint business opportunities and open new avenues for co-operation and mutual growth.

The partnership is part of Dubai Maritime City's program to engage in long-term business relationships with leading regional and international maritime institutions and reinforce its competitiveness in international markets.

Dubai Maritime City's partnership with Arab Sea Ports Federation effectively extends its network and partnerships within the Arab World, while strengthening its presence in key maritime locations across the region.

The MoU was recently signed by Amer Ali, CEO of Dubai Maritime City, and Rear Admiral Essam Eddin Badawy, secretary general of the Arab Sea Ports Federation, during a ceremony held in Dubai, as part of a visit by Federation Members to Dubai Maritime City.

Also present were Ali Al Daboos, COO of Dubai Maritime City; officials from both organisations, including members of the Federation that represent various Arab ports and transport associations from Syria, Oman, Saudi Arabia, Palestine and the UAE and representatives from the Council of Arab Economic Unity and the UAE’s National Transport Authority.

“This partnership is an important strategic move as we position Dubai Maritime City to be the premier maritime destination in the region. In addition, it is also our aim to build on our common goals to enhance and strengthen the economic prospects of the region's maritime environment,' said Ali.

'We believe that co-operation and constant communication are important components for us to move forward – a consolidated approach that will help us maximise the region's maritime potential. This partnership with the Arab Sea Ports Federation is a key step towards achieving a harmonious development in the regional maritime industry,' he noted.

Badawy said Dubai Maritime City was essentially the future of the region's maritime industry and represented the collective strength of the Arab World in the global maritime landscape.

'As such, this partnership delivers a substantial boost to our strategic initiatives and enhances our ability to capitalise on the new business prospects that Dubai Maritime City has opened,' he remarked.

Both parties have agreed to exchange ideas with regards to maritime policies and strategies, as well as information that will unlock new business prospects.

Moreover, Dubai Maritime City and the Arab Sea Ports Federation likewise aim to achieve better coordination, integration and association in various maritime activities, including strengthening strategic relationships with maritime organisations.-TradeArabia News Service

Tags: Dubai Maritime City | partnership | Arab Sea Ports Federation |