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Asia Leads as Dubai International Chamber Attracts 62.7% of MNCs in 2024, Driving 55% Growth

Asia Leads as Dubai International Chamber Attracts 62.7% of MNCs in 2024, Driving 55% Growth
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Dubai International Chamber, under Dubai Chambers, has attracted 51 multinational companies (MNCs) to Dubai in 2024, marking a 55% increase from 33 in 2023. This surge underscores Dubai’s growing status as a global investment hub.

Key regional contributions:

  • Asia led with 62.7% of MNCs.
  • Latin America & Europe followed at 11.8% each.
  • Middle East & Eurasia: 9.7%.
  • Africa & Australia: 2% each.

Top sectors (50% of total MNCs):

  • 10% each: Construction, trade & logistics, manufacturing, ICT (AI, robotics, blockchain), and retail, fashion, travel & hospitality.
  • Mobility (Aerospace, space, autonomous transport): 8%.
  • Healthcare, finance & energy: 18% combined.

The chamber also expanded its global presence, opening new offices in Kazakhstan and Colombia, bringing the total to 33 international offices. This strategic growth aligns with Dubai’s vision to enhance foreign investments and unlock global economic opportunities.

News Source: Dubai Media Office

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Shahba Mayyeri

Written by Shahba Mayyeri

Shahba is a Content Creator at HiDubai with 3 years of experience in crafting compelling stories and articles. She holds a Master’s degree in Media and Communications from MAHE Dubai.
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