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Home BUSINESS

Over 34,000 new companies join Dubai Chamber of Commerce during first half of 2024

Enya Belene by Enya Belene
July 25, 2024
in UAE
Reading Time: 1 min read
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Over 34,000 new companies join Dubai Chamber of Commerce during first half of 2024

Dubai’s thriving business landscape continues to attract global entrepreneurs, with over 34,000 new companies becoming members of the Dubai Chamber of Commerce in the first half of 2024, marking a 5% year-over-year growth. This surge underscores the emirate’s growing appeal as a global hub for business, trade, and investment, aligning with the ambitious goals of the Dubai Economic Agenda (D33).

The chamber’s latest figures reveal that member exports and re-exports reached AED 145.9 billion, a 6.7% increase from the previous year. Additionally, 372,720 certificates of origin were issued, reflecting a 5.2% rise. The issuance of 2,433 ATA Carnets, valued at AED 1.6 billion, further highlights the dynamic business activities within the emirate.

H.E. Abdul Aziz Abdulla Al Ghurair, Chairman of Dubai Chambers, emphasized the impact of strategic initiatives and partnerships in enhancing Dubai’s favorable business environment. He noted that the chamber’s efforts are guided by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, aiming to bolster foreign trade and support the private sector’s competitiveness.

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Enya Belene

Assistant Editor at Latin&Gulf. Dedicated to covering all the exciting connections between Latin America and the Gulf countries, fostering a deeper understanding between these vibrant regions.

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