DUBAI: Aviation, logistics, Islamic finance, energy, hospitality, retail and real estate are key sectors in the Commonwealth of Independent States (CIS) that offer opportunities for GCC investment, a report released by the Dubai Chamber of Commerce and Industry showed on Wednesday.
Titled ‘A Common Wealth: Building Gulf-CIS ties’, the report showcases trade relations between GCC countries and the CIS. The report was launched during the first CIS Global Business Forum, being held in Dubai on Wednesday and Thursday.
Hamad Buamim, president and CEO of the Dubai Chamber, said: “The report will serve as a roadmap for GCC investors. The report offers insights on the prevailing economic and business environment in the CIS and examines its relations with GCC countries.”
“The report sees considerable opportunities for engagement in the CIS region by Gulf-based investors, especially in light of the existing diplomatic, cultural and commercial ties and the air links developed through low-cost air travel provided by flydubai and Air Arabia,” he added.