Ireland To Establish Regional Office In Dubai To Promote GCC Trade
It emerged this week that Enterprise Ireland, the Irish government's trade
development organisation, is to establish a regional office in Dubai in order
to maximise trade and strengthen economic ties between Ireland and the GCC. Speaking to the Gulf News Online news service this week, Nicholas Marmion,
Enterprise Ireland's regional director explained that: 'Dubai was selected for
its strategic location, open business-friendly environment and the rapid progress
of Dubai as a GCC distribution centre and IT knowledge hub.' He added that: 'The office will also facilitate access for UAE companies to
a large and renowned pool of Irish companies who do business in global markets.' According to Gulf News Online, recent estimates put trade exchange between
the United Arab Emirates and Ireland at around $250 million in 2001, with major
markets including food products, industrial machinery, IT and communication
technology equipment, and oil. .
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