21-05-2025
Dubai Strengthens Trade Ties as Business Forum Concludes in Hamburg
Dubai has reinforced its economic ties with Germany following the successful conclusion of the Dubai Business Forum–Germany in Hamburg, where 240 German business leaders, investors, and Dubai representatives gathered to explore new trade and investment opportunities.
Organised by Dubai Chambers in partnership with the Hamburg Chamber of Commerce, the high-level forum focused on deepening economic cooperation and unlocking strategic growth areas aligned with Dubai's Economic Agenda (D33). Under the theme 'Innovate, Invest, Integrate,' the event featured 25 speakers across 13 panel discussions.
Eng. Sultan bin Saeed Al Mansoori, Chairman of Dubai Chambers, highlighted Dubai's rising trade profile, noting that Germany ranked 15th among Dubai's global trading partners in 2024, with non-oil bilateral trade reaching AED39.7 billion—an 8% year-on-year increase. The number of German companies joining Dubai Chamber of Commerce also surged by 64% last year, reaching 2,719 active members by Q1 2025.
Panel sessions explored Dubai's growing appeal in sectors such as fintech, healthtech, AI, and sustainable energy. Participants examined how the emirate's regulatory framework, innovation-friendly ecosystem, and competitive advantages are fostering cross-border collaboration and attracting venture capital and high-growth startups.
Discussions also spotlighted Dubai's role as a launchpad for global market expansion, particularly for German industries in engineering, manufacturing, and industrial innovation. Dubai's strategic infrastructure, tax incentives, and focus on sustainability were underscored as key drivers of its investment attractiveness.
Dubai Chambers facilitated several bilateral meetings to promote partnership opportunities and knowledge exchange between German firms and Dubai's public and private sectors. The forum aimed to elevate UAE-German relations to strategic levels, with an eye on future-ready industries and long-term economic synergy.
News Source: Emirates News Agency
