Dubai’s trade and investment links with the United States have surged, highlighting the emirate’s growing role as a global business hub.
Dubai’s exports to the US jumped from AED19.1 billion in 2018 to AED34.1 billion in 2024, marking a 78.5 percent increase, while imports rose from AED61 billion to AED82.2 billion over the same period, according to Sultan bin Saeed Al Mansoori, Chairman of Dubai Chambers.
Al Mansoori spoke at the Dubai Business Forum – USA, emphasizing the steady growth of American investment in Dubai. Between 2015 and 2024, the emirate attracted 1,474 US foreign direct investment projects valued at AED79.6 billion. The tourism and hospitality sector led investment inflows with AED28.3 billion, followed by software and IT services at AED20.2 billion, business services at AED5.7 billion, entertainment at AED4.8 billion, and telecommunications at AED3.6 billion.
The number of active American companies in Dubai has also soared, increasing 224 percent from 1,139 at the end of 2021 to 3,690 by September 2024, reflecting growing confidence in the emirate’s economic outlook.
Highlighting Dubai’s global ambitions, Al Mansoori confirmed the launch of Dubai Chambers’ first representative office in New York. The office aims to deepen ties with one of the world’s key financial centres, support US companies’ expansion plans, and attract high-quality investments aligned with Dubai’s Economic Agenda (D33), which focuses on knowledge, technology, and sustainability.
The Dubai Business Forum offers American investors and entrepreneurs direct insight into opportunities in Dubai, reinforcing the emirate’s status as a destination for trade, innovation, and long-term investment.
News Source: Emirates News Agency
