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SA invests R3bn in UAE

United Arab Emirates

United Arab Emirates

Pretoria – South Africa has invested R3.33 billion in the United Arab Emirates (UAE) since 2003, making the country the 19th largest investor in the UAE.

Speaking at the SA-UAE Business Forum held in Dubai on Sunday, Trade and Industry Minister Dr Rob Davies said the largest investments were made in the financial services sector, followed by investments in the communications and pharmaceutical sectors. [Read more…]