The UAE today hosted the 25th meeting of the Indian Ocean Rim Business Forum (IORBF). The event, which was held virtually as part of the Annual Investment Meeting under the theme of “Pathways to Prosperity: Regional Integration and Opportunities for the Private Sector,” aims to promote economic growth, trade, and investment in the Indian Ocean region.
The meeting was chaired by the Secretary-General of the UAE Federation of the Chambers of Commerce and Industry, His Excellency Humaid Ben Salem, as part of the UAE’s Chairship of the Indian Ocean Rim Association (IORA) for 2019-2021. The meeting brought together business representatives from IORA Member States and Dialogue Partners to discuss modernizing trade and investment in the Indian Ocean and the future of the IORBF in a post-COVID-19 world.
The IORBF is the primary IORA body for business representatives to advise IORA ministers and officials on business issues and ways to accelerate intra-regional trade and increase foreign direct investment flows in the region. IORBF membership is comprised of senior members of chambers of commerce and the business community who can effectively represent the national business interests of their economies.
The UAE joined IORA in 1999 and assumed chairship of the association during the 19th IORA Council of Ministers meeting held in Abu Dhabi on 7 November 2019 under the theme of "Promoting a Shared Destiny and Path to Prosperity in the Indian Ocean."
The IORBF, which is convened annually, last took place in Durban, South Africa on 18 June 2019.
Related News
Abdullah bin Zayed Welcomes UAE’s Hosting of Trilateral Talks Between Russia, Ukraine, and the United States
His Highness Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, welcomed the UAE’s hosting of trilateral talks bringing together representatives of Russia, Ukraine, and the United States in Abu Dhabi.
View Details
UAE Drives Public-Private Collaboration to Advance Global Water Action in Davos
The United Arab Emirates reaffirmed its global leadership in water diplomacy during the World Economic Forum (WEF) Annual Meetings 2026
View Details
Abdullah bin Zayed, Egyptian Foreign Minister discuss regional developments in phone call
H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, held a phone call with Dr. Badr Abdelatty, Minister of Foreign Affairs, Emigration and Egyptian Expatriates of the Arab Republic of Egypt, during which they discussed the overall regional situation, including the latest developments in the Gaza Strip and the Council of Peace developments.
View Details
UAE Expresses Solidarity with Tunisia and Conveys Condolences over Flood Victims
The United Arab Emirates has expressed its sincere condolences and solidarity with the Republic of Tunisia over the victims of floods following heavy rainfall, which resulted in a number of deaths and injuries and caused substantial damage.
View Details