Thursday, September 20, 2018
Dubai FDI Chief Executive Officer Fahad Al Gergawi said that Indianapolis is one of more than a dozen U.S. cities that he and his colleagues have visited in the last four years that possess “significant strength in terms of international trade.” Al Gergawi said that around $240 million in exports from Indiana make their way to the UAE annually.
Al Gergawi said that the message to leaders throughout the state is that Hoosier companies can “utilize Dubai’s positioning to grow their business.” World Trade Center Indianapolis is hosting the delegation, which included meetings with Indiana Secretary of Commerce Jim Schellinger and Governor Eric Holcomb, along with leaders from Eli Lilly and Co.
Al Gergawi said that areas of trading interest between Dubai and Indiana include advanced manufacturing, health care, agriculture and technology. To quote Al Gergawi, “Dubai is a non-oil trade state and city. Our income from oil is almost one-to-two percent at the max and this is the contribution for our GDP, so we are very diversified, especially in the areas of freight, logistics, overall finance and tourism.”
Al Gergawi said that working in Dubai, which has one of the world’s busiest airports and a major port, can help open up opportunities with trade partners through connections in the Middle East, the Indian Subcontinent and parts of Africa.
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