
Dubai Chambers Strengthens Global Trade Ties at 13th Diplomatic Circle Gathering
Over 100 diplomats convene in Dubai to discuss cross-border collaboration and investment opportunities.
Dubai Chambers has wrapped up the 13th edition of its annual Diplomatic Circle event, bringing together more than 100 ambassadors, consul generals, and commercial attachés based in the UAE. The high-level gathering continues to serve as a vital platform for enhancing international trade cooperation and deepening investment ties.
During the event, Dubai Chambers presented a strong outlook for the national economy across key sectors and emphasized the emirate's ongoing efforts to strengthen global partnerships. Discussions centered on driving cross-border collaboration, with a particular focus on trade, investment, and shared growth.
Sultan bin Saeed Al Mansoori, Chairman of Dubai Chambers, welcomed delegates by highlighting the critical role of diplomatic partnerships in advancing mutual economic goals. 'The Diplomatic Circle reflects our shared commitment to strengthening global economic ties and advancing trade and investment cooperation,'
Al Mansoori stated. He noted that Dubai's strategic international relationships play a key role in reinforcing the emirate's position as a global business hub.
He also pointed to Dubai Chambers' expanding global network of 34 international offices, which continue to support business growth, facilitate market entry, and unlock new trade routes.
The event featured a panel discussion on the UAE's National Investment Strategy 2031.
Mohammed Abdul Rahman Al Hawi, Under-Secretary at the Ministry of Investment, outlined the strategy's aim to position the UAE as a top-tier global investment destination by focusing on priority sectors.
Dubai Chambers also showcased its 2024 achievements and highlighted key initiatives across its three entities—Dubai Chamber of Commerce, Dubai Chamber of Digital Economy, and Dubai International Chamber.
News Source: Emirates News Agency
Hashtags

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


Hi Dubai
5 days ago
- Hi Dubai
Dubai Chamber of Commerce Strengthens Private Sector Dialogue in Second 2025 roundtable
Dubai Chamber of Commerce has hosted its second quarterly roundtable for Business Groups and Business Councils of 2025, reinforcing its role as a key connector between the private sector and government stakeholders. Held under the umbrella of Dubai Chambers, the meeting brought together members from sector-specific Business Groups and country-specific Business Councils. It served as a platform to explore economic growth opportunities, address policy developments, and align on strategies to enhance business competitiveness in Dubai. Participants were briefed on the Chamber's latest initiatives, including new programmes and long-term plans to support private sector success. Discussions also focused on emerging economic trends and fostering a regulatory environment that enables sustainable expansion. In the first quarter of 2025, the Chamber facilitated 55 meetings with Business Groups and Councils—an increase of 166% year-on-year. It also launched the Indonesian and Hungarian Business Councils to strengthen ties with businesses from both regions. The Chamber reviewed 10 laws and draft laws in collaboration with Business Groups during the same period. Private sector recommendations saw a 55% adoption rate, reflecting the impact of ongoing business advocacy efforts. Additionally, four joint meetings were held with key government entities to resolve industry-specific challenges. 'Strengthening the voice of private sector stakeholders through our Business Groups and Councils remains central to enhancing Dubai's business landscape,' said Maha Al Gargawi, Vice President of Business Advocacy at Dubai Chambers. The Business Groups and Councils continue to play a vital role in shaping Dubai's business ecosystem, bridging the gap between the private sector and the government, and driving forward a collaborative approach to economic development. News Source: Emirates News Agency


Hi Dubai
5 days ago
- Hi Dubai
Dubai Chambers Strengthens Thai Ties as Investments Hit $626 Million
Direct Thai investments in Dubai have reached around $626 million over the past five years, according to Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, who reaffirmed the Emirate's growing economic ties with Thailand during a recent trade mission to Southeast Asia. Speaking at the 'Doing Business with Thailand' forum in Bangkok on May 29, Lootah announced the launch of a new Dubai International Chamber office in the Thai capital. The move, part of Dubai Chambers' 'New Horizons' initiative, aims to deepen collaboration with Thailand's private sector and open new avenues for trade and investment. Thailand is already one of Dubai's key trading partners in the ASEAN region. Non-oil trade between the two reached $6.5 billion in 2024, marking a 23% rise from $5.3 billion in 2023. Lootah highlighted this growth as a clear sign of the strengthening economic momentum between the two sides. The opening of the Bangkok office coincided with a broader trade mission involving 20 Emirati companies exploring market opportunities in Thailand. The initiative is part of Dubai Chambers' wider plan to establish 50 international representative offices by 2030 to support the global expansion of UAE businesses and bolster Dubai's position as a commercial hub. Lootah underscored the chamber's commitment to empowering local companies to access international markets, forge strategic partnerships, and contribute to Dubai's long-term economic goals. News Source: Emirates News Agency


Arabian Business
5 days ago
- Arabian Business
Dubai looks to boost economic ties to Thailand as trade soars to $6.5bn
Thai investments in Dubai have reached approximately $626m over the past five years, according to Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers. 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. Lootah said the new office is part of the Dubai Chamber of Commerce's 'New Horizons' trade mission to Southeast Asia. Dubai-Thailand investments 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. He said: 'Through this on-ground presence, we aim to deepen ties with the private sector and strengthen collaboration between the two sides'. He also noted a significant increase in non-oil trade between Dubai and Thailand in recent years, which grew by 23 per cent to $6.5bn in 2024, up from approximately $5.3bn 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 the emirate's economic vision and support the sustainability and growth of its key sectors.