Trade exchange between UAE and Switzerland reaches AED8.6 Billion in 2010

Swiss companies operating in Dubai have increased markedly to 600 in 2010. The Swiss Ambassador’s Awards were received by Shaikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Aviation Authority and Chairman of Emirates Group, and Shaikh Nahyan bin Mubarak, Minister of Higher Education and Scientific Research and five other prominent members of the UAE community for their efforts to enhance relations between the UAE and Switzerland. In remarks at the ceremony, Ambassador Bruelhart said the UAE is Switzerland’s largest trading partner in the Gulf and Middle East as trade exchange between the two countries reached AED 8.6 billion in 2010. The growth in companies choosing to locate to the UAE is likely to continue.