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Dubai International Chamber attracts five MNCs and 20 SMEs during Q1 2023 – Business – Economy and Finance

by The Novum Times
8 June 2023
in Middle East
Reading Time: 3 mins read
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Dubai Worldwide Chamber, one of many three chambers working below Dubai Chambers, has introduced particulars of a number of notable achievements in attracting international direct funding and supporting chamber members of their efforts to develop into world markets. 

The chamber attracted 5 Multinational Companies (MNCs) and 20 Small and Medium-sized Enterprises (SMEs) throughout Q1 2023 alone, which exceeds the entire numbers attracted all through the entire of 2022. As well as, the chamber additionally supported the enlargement of seven native and nationwide corporations into international markets by serving to them enhance their exports or set up a presence overseas.

The Chamber additionally opened a brand new consultant workplace in Hong Kong, bringing the entire variety of its worldwide workplaces to 16 by the tip of Q1 2023 with a presence in Africa, Latin America, Eurasia, India, China, and the Center East. The opening of those workplaces comes as a part of the Dubai International initiative, which was launched by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Government Council of Dubai, and is led by Dubai Worldwide Chamber. The initiative goals to determine a strong community of fifty industrial consultant workplaces for Dubai throughout 5 continents by 2030.

H.E. Sultan Ahmed bin Sulayem, Chairman of Dubai Worldwide Chamber, highlighted the important function the Chamber performs in consolidating Dubai’s place as a worldwide vacation spot for international direct investments and a launchpad for enlargement into world markets. His Excellency additional emphasised the numerous contribution of the Chamber’s worldwide workplaces to selling Dubai as a metropolis for enterprise, expertise, capital, and corporations of all kinds and sizes.

“Collaborating in exhibitions and conferences and organising bilateral enterprise conferences overseas are on the core of the Chamber’s efforts to help the worldwide enlargement of Dubai’s personal sector,” H.E. bin Sulayem added. “Our commerce mission to the Central Asian markets was a first-rate instance and achieved its objective to allow members to forge new enterprise relations that may quickly mature into financial partnerships. Dubai Worldwide Chamber stays dedicated to supporting the emirate’s goal of boosting the amount of non-oil international commerce from AED1.4 trillion to AED2 trillion by 2026.”

Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, commented: “We launched a number of new initiatives in Q1 2023, most notably the Worldwide Accomplice Community, which goals to boost cross-border dialogue between the chamber and industrial attachés and enterprise councils. As well as, the community will enrich interplay, communication, and partnerships to speed up the implementation of the chambers’ plans and help the pursuits of Dubai’s enterprise neighborhood.”

The chamber intensified its efforts to help Dubai-based corporations of their plans for world enlargement with the launch of the New Horizons initiative to help the enlargement plans of its member corporations. The initiative is geared toward forming commerce missions consisting of corporations from the emirate to go to focused world markets, the place occasions and conferences will probably be held to discover funding alternatives and prospects for joint financial partnerships. The primary mission focused the Central Asia area and included greater than 430 bilateral enterprise conferences between representatives of 24 corporations from Dubai and their counterparts in Uzbekistan, Kazakhstan, and Kyrgyzstan.

Dubai Worldwide Chamber is concentrated on strengthening partnerships with world companies, traders, and entrepreneurs and dealing to spice up Dubai’s standing as a serious world buying and selling hub. The chamber contributes to attaining Dubai’s imaginative and prescient to develop to new world markets, forge new financial partnerships, and help native corporations in attaining world success, whereas additionally attracting promising expertise and traders from all over the world. It has outlined plans to cowl 30 worldwide markets of strategic significance to Dubai by means of its community of worldwide consultant workplaces.

Google NewsstandComply with Emirates 24|7 on Google Information.



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Tags: attractsBusinessChamberDubaiEconomyFinanceinternationalMNCsSMEs

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