Business | General
Spanish firms eye UAE expansion through Valencia products expo
New Feria Valencia Concepts in Dubai seeks to boost bilateral trade.
- Staff Report
- Published: 00:53 March 6, 2008
Dubai: New Feria Valencia Concepts, an expo seeking to help companies from Valencia, Spain, expand in the UAE and Gulf markets opened on Tuesday at the Dubai International Convention and Exhibition Centre (DICEC).
The exhibition, organised by one of the Europe's largest exhibition organisers and venue owners, Feria Valencia of Spain, is debuting in Dubai as part of Spain's endeavour to explore overseas business opportunities and increase bilateral trade with the UAE and the Middle East.
Data shows that exports from Valencia to the UAE during January-October 2007 was to the tune of 134 million euros. For the whole of 2007, exports reached 163 million euros.
Valencian products have been in the UAE and the Gulf market for two decades. Ceramics, pigments and enamels, marble and natural stones comprise the majority of exports to the UAE from Valencia.
Alberto Catala Ruiz De Galarretta, president, Feria Valencia, said: "The New Feria Valencia Concepts is a first-of-its-kind expo in the UAE and the region. This is the first time a concerted effort has been made to introduce Valencian companies to the UAE and the regional market. This has great potential to boost economic growth."
More from Business General
More from Business
Business Editor's choice
-
Saudi-Bahraini economic ties hit new high
Whilst press reports continue speculating on a possible new political structure defining ties between Saudi Arabia and Bahrain, facts on the ground confirm ever- stronger economic ties between the two neighbours
-
Cupid targets the Fed with early tweets
Declarations range from pure romance to cute overtures and racier fare
-
Do unemployment figures flatter to deceive?
Jobseekers and recruiters give out mixed signals ranging from optimism to downright despair even as official data show recovery
