Dubai Chamber of Commerce Welcomes Over 51,000 New Members and Achieves AED 224 Billion in Exports in 2024

Dubai Chamber of Commerce, a core entity under Dubai Chambers, announced remarkable achievements during the first nine months of 2024.

These accomplishments reflect the chamber’s pivotal role in enhancing Dubai’s business-friendly environment, supporting economic growth, and advancing the goals of the Dubai Economic Agenda (D33).

A total of 51,561 new companies joined the chamber, marking a 4% year-over-year (YoY) increase. Members’ exports and re-exports during this period reached AED 224 billion, a 7% YoY growth, alongside the issuance of 578,268 certificates of origin and 3,259 ATA Carnets for goods worth over AED 2 billion.

His Excellency Abdul Aziz Abdulla Al Ghurair, Chairman of Dubai Chambers, emphasized Dubai’s growing stature as a global trade hub, guided by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum. He reaffirmed the chamber’s commitment to fostering sustainable economic development and attracting foreign direct investment.

The chamber supported the business community by reviewing 154 laws and organizing 146 meetings with Business Groups and Councils, facilitating collaborations with government entities. Seven new Business Councils were established for investors from various countries, while mediation cases increased by 27% YoY to 131 cases.

Promoting sustainability, the chamber launched an Environmental, Social, and Governance (ESG) label to encourage responsible business practices. Additionally, 27 legal awareness events attended by over 2,100 private sector representatives were organized.

The Dubai Centre for Family Businesses furthered its initiatives by hosting governance events and launching educational resources. Its training programs certified numerous participants, focusing on sustainability and continuity in family enterprises.

These efforts underscore Dubai Chamber of Commerce’s dedication to driving economic growth, fostering innovation, and championing sustainable business practices in Dubai.

News Source: Dubai Media Office