
Dubai Chambers empowered 600 business members in legal navigation
Dubai Chambers has successfully concluded a series of legal and compliance-focused events in May, designed to empower businesses with the knowledge needed to thrive in the UAE's dynamic regulatory environment.
The events, comprising three in-person workshops and one webinar, addressed critical topics including UAE Commercial Companies Law, corporate compliance, UAE and GCC Customs Law, and Compliance Challenges on VAT & Excise Tax.
The sessions attracted significant interest, with a total of 598 participants from across the private sector.
Participants gained valuable insights and ideas on ways to reduce risks, adopt good corporate governance practices, ensure compliance with data protection regulations, customs tariff structures, Harmonised System (HS) code classification, the treatment of goods within free zones, customs valuation methodologies, customs audit procedures, and compliance strategies to overcome cross-border trade challenges within the GCC countries.
Earlier Dubai Chambers has welcomed a delegation of 60 companies from Madagascar to explore investment opportunities and potential business partnerships during the Dubai–Madagascar Business Forum, which was held today at its headquarters. The event reaffirmed the significance of strengthening economic ties between Dubai and Madagascar and focused on advancing cooperation across high-potential trade and investment sectors.
The forum was held in the presence of Andry Rajoelina, President of the Republic of Madagascar, who led a high-level delegation featuring ministers, senior government officials, and business leaders from Malagasy enterprises.
The delegation was received by Eng. Sultan Bin Saeed Al Mansoori, Chairman of Dubai Chambers, and Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, together with representatives from Dubai's private sector.
In his keynote address, President Rajoelina praised Dubai's remarkable global economic status and reaffirmed his country's interest in deepening bilateral relations across several priority sectors.
During his welcome address at the forum, Eng. Sultan Bin Saeed Al Mansoori, Chairman of Dubai Chambers, stated: 'The steady growth in economic ties between Dubai and Madagascar reflects our shared commitment to strengthening bilateral partnerships and exploring new opportunities for impactful cooperation that support sustainable economic growth. Meanwhile in the first week of June, Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, announced that direct Thai investments in the Emirate of Dubai have reached approximately $626 million over the past five years.
He expressed optimism that these figures will continue to grow, supported by ongoing efforts to strengthen economic relations between Dubai and Thailand, including the recent opening of a new Dubai International Chamber representative office in the Thai capital, Bangkok.
In statements to the Emirates News Agency (WAM) during the 'Doing Business with Thailand' forum held on the 29th May, part of Dubai Chambers' trade mission to the Philippines and Thailand, Lootah stated that the new office is part of the Dubai Chamber of Commerce's 'New Horizons' trade mission to Southeast Asia.
He described it as a strategic move to enhance the UAE business community's presence in the Thai market and to expand trade and investment opportunities with this dynamic economy.
Lootah said that Thailand is among Dubai's leading trading partners in the ASEAN region. 'Through this on-ground presence, we aim to deepen ties with the private sector and strengthen collaboration between the two sides,' he said.
He also noted a significant increase in non-oil trade between Dubai and Thailand in recent years, which grew by 23 per cent to $6.5 billion in 2024, up from approximately $5.3 billion in 2023. This reflects the growing momentum in bilateral economic ties and underlines the strategic importance of the Thai market within Dubai Chambers' global expansion plans.
The Bangkok office launch coincided with the trade mission and included 20 Emirati companies, which were introduced to Thailand's investment environment and market opportunities, with the aim of boosting commercial ties and supporting the international expansion plans of UAE businesses.
Lootah emphasised that the Bangkok office is the latest addition to Dubai Chambers' expanding network of international offices, which aligns with the chamber's strategy to open 50 representative offices worldwide by 2030. This effort is intended to support Dubai's goals of broadening its foreign trade and cementing its position as a global hub for commerce and investment.
He also reaffirmed Dubai Chambers' commitment to enabling local companies to access global markets and forge strategic partnerships that align with Dubai's economic vision and support the sustainability and growth of its key sectors.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Hi Dubai
5 hours ago
- Hi Dubai
DEWA Expands Mohammed bin Rashid Solar Park Capacity to 3,860MW
Dubai Electricity and Water Authority (DEWA) has ramped up the total production capacity of the Mohammed bin Rashid Al Maktoum Solar Park to 3,860 megawatts (MW), marking a major step forward in the emirate's clean energy transition. Announced by Saeed Mohammed Al Tayer, MD & CEO of DEWA, the increase includes 800MW added this year from the park's sixth phase. Clean energy now accounts for roughly 21.5% of DEWA's total production capacity. Al Tayer said the expansion supports Dubai's long-term strategies to reach net-zero carbon emissions by 2050. 'The Mohammed bin Rashid Al Maktoum Solar Park is our key project to realise this vision and achieve the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Carbon Emissions Strategy 2050,' he stated. Launched in 2013 with a modest 13MW capacity, the solar park has grown through multiple phases using photovoltaic (PV) and concentrated solar power (CSP) technologies. Notably, the fourth phase introduced hybrid solar systems, while the fifth and sixth phases continued expanding PV output. DEWA plans to raise the park's capacity to 7,260MW by 2030, which would supply 34% of the utility's total energy mix from clean sources. This transition is expected to cut carbon emissions by around eight million tonnes annually. Looking ahead, DEWA has invited global developers to participate in the seventh phase of the solar park. Set to feature a 1,600MW PV system and a 1,000MW battery storage system, the project will be one of the world's largest solar-plus-storage initiatives. The solar park is implemented under the Independent Power Producer (IPP) model, reinforcing Dubai's position as a regional leader in renewable energy innovation. News Source: Emirates News Agency


Hi Dubai
5 hours ago
- Hi Dubai
e& UAE Sets Global Benchmark by Achieving 600Mbps Uplink Speed on Live 5G Network
e& UAE has set a new global standard in 5G connectivity, achieving an unprecedented uplink speed of 600Mbps on a live commercial network—marking a major milestone in the evolution of 5G-Advanced technology. The breakthrough was accomplished by aggregating the 2100MHz and C-band frequencies in the FR1 range and deploying three transmit antennas (3Tx) on a commercial Customer Premises Equipment (CPE). Fully aligned with 3GPP Release 17 standards, the deployment took place at a live 5G site in the UAE. This record-setting uplink speed is a critical step forward for uplink-intensive applications, enabling real-time data uploads for smart factories, drone surveillance, cloud-hosted collaboration, and immersive AR/VR experiences. For content creators and consumers, the enhanced speeds mean faster uploads of high-definition videos and seamless cloud gaming. 'This isn't just a technological breakthrough—it's a strategic leap,' said Abdulrahman Al Humaidan, Vice President of Fixed Access Network at e& UAE. 'We're setting the stage for a hyper-fast, uplink-driven digital world, reinforcing the UAE's position as a global tech hub.' The achievement showcases the practical readiness of 5G-Advanced networks, powered by features like enhanced mobile broadband (eMBB) and ultra-reliable low-latency communication (URLLC). It also lays the groundwork for a new wave of smart connectivity, as the industry moves toward scalable and energy-efficient network deployments. With this advancement, e& UAE has not only raised the bar for global telecom standards but also unlocked new potential for enterprises and consumers alike, paving the way for a truly connected future. News Source: Emirates News Agency


Hi Dubai
5 hours ago
- Hi Dubai
Dubai Chambers Equips 598 Businesses with Legal and Compliance Insights
Dubai Chambers wrapped up a series of high-impact legal and compliance sessions in May, aimed at strengthening the private sector's understanding of the UAE's evolving regulatory landscape. The initiative featured three in-person workshops and one webinar, drawing 598 participants from across various industries. The sessions focused on pressing legal topics including UAE Commercial Companies Law, VAT and excise tax compliance, and regional customs regulations. Organised to support businesses navigating regulatory challenges, the events provided practical insights into risk reduction, corporate governance, and adherence to data protection laws. Attendees also gained clarity on customs-related matters such as tariff structures, Harmonised System (HS) code classification, free zone trade treatment, and cross-border compliance strategies within the GCC. By addressing key legal and tax challenges, Dubai Chambers reinforced its role as a strategic partner to the business community, equipping companies with the tools needed to remain compliant and competitive. News Source: Emirates News Agency