A total of 51,561 new companies joined as members of the Dubai Chamber of Commerce during the first 9 months of 2024, showcasing year-over-year growth of 4 percent as compared to the same period last year. These figures reflect its success in enhancing the Emirate’s favorable business environment, driving major economic growth, and contributing to the set goals of the Dubai Economic Agenda (D33). Also, it is a clear indicator of the increasing appeal amongst regional and global investors.
The overall value of member’s exports and re-exports during Quarter 1 and Quarter 3 reached AED 224 Billion, showcasing YoY growth of 7 percent. A total of 578,268 certificates were issued during the nine-month period, reflecting a 7 percent growth. Moreover, 3,259 Carnets were issues and received for goods with a total value of more than AED 2 Billion.
“Guided by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Dubai is continuing to cement its position as a leading global hub for trade and investments, while enhancing the competitiveness of its business-friendly environment to attract foreign direct investment,” commented His Excellency Abdul Aziz Abdulla Al Ghurair, The chairman of Dubai Chambers of Commerce.
We are committed to doubling our efforts to support Dubai’s sustainable economic development journey in collaboration with partners from the public and private sectors. The chamber remains dedicated to promoting business growth, safeguarding the interests of the business community, attracting foreign direct investment, and creating more opportunities for companies operating in the emirate to expand and achieve sustainable grow both locally and internationally,” he further stated.
Source: Mediaoffice
