Dubai Strengthens Economic Ties with Germany at Hamburg Forum
Dubai reinforced its economic partnership with Germany as the Dubai Business Forum – Germany concluded in Hamburg, drawing over 240 German business leaders and investors.
The high-profile event showcased Dubai's ambitious economic roadmap and highlighted new avenues for bilateral collaboration across innovation, industry, and investment.
Organised by Dubai Chambers in collaboration with the Hamburg Chamber of Commerce and other strategic partners, the forum aimed to attract German companies to Dubai by spotlighting opportunities created by the Dubai Economic Agenda (D33). The event featured 25 speakers across 13 panel sessions covering sectors such as advanced industry, clean energy, AI, and digital transformation.
In his keynote address, H.E. Eng. Sultan bin Saeed Al Mansoori, Chairman of Dubai Chambers, noted that bilateral trade reached AED 39.7 billion in 2024—an 8% increase year-on-year. He also highlighted a 64% growth in new German companies joining the Dubai Chamber of Commerce, with 2,719 active members by Q1 2025.
Bilateral meetings facilitated deeper engagement between Dubai's public and private sector leaders and German investors, promoting innovative partnership models and knowledge exchange.
Sessions explored Dubai's regulatory and tax advantages, growing startup ecosystem, and appeal as a launchpad for multinational corporations and high-net-worth individuals. Topics ranged from industrial innovation and clean energy to venture capital, AI, and Web3, underscoring Dubai's evolving role as a global innovation hub.
Dubai Chambers President and CEO H.E. Mohammad Ali Rashed Lootah emphasised Dubai's strong value proposition and the role of public-private collaboration in advancing mutual interests.
As both economies pursue sustainable growth, the forum affirmed Dubai's position as a strategic partner for German businesses looking to expand globally through innovation and investment.
News Source: Dubai Media Office
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