Uganda Strengthens Ties with Gulf Countries Through New MOU

Jim Sykes Ocaya
Memorandum of Understanding (MOU) between the Government of Uganda and United Arab Emirates’ Sharjah Chamber of Commerce and Industry at Speke Resort Munyonyo. President Museveni welcomed the signing of the MOU between Uganda and the Chamber.

Yesterday evening, President Yoweri Kaguta Museveni presided over an important event at Speke Resort Munyonyo. He oversaw the signing of a Memorandum of Understanding (MOU) between the Government of Uganda and the Sharjah Chamber of Commerce and Industry from the United Arab Emirates (UAE).

President Museveni expressed his pleasure with the new agreement between Uganda and the Sharjah Chamber. He highlighted that relations between Uganda and the Gulf countries have improved significantly compared to the past. According to President Museveni, there is a great potential for investment between Uganda and these Gulf countries that has yet to be fully explored.




The MOU was signed by representatives from several key Ugandan organizations. These included the Ministry of Works and Transport , the Civil Aviation Authority, the Ministry of Tourism, Wildlife and Antiquities, and the Uganda Wildlife Authority. On the other side, the Sharjah Chamber of Commerce and Industry represented the UAE in this agreement.




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Jim Sykes Ocaya is the Business Editor at The Ankole Times, where he spearheads comprehensive coverage of the business landscape in Uganda. With a keen eye for market trends, financial analyses, and corporate developments, Jim ensures that The Ankole Times delivers top-notch business news to its readers. His insightful reporting provides valuable insights into the economic pulse of the region, making him a trusted source for the business community.
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