Latest news with #BusinessCouncils
Arabian Business
6 days ago
- Business
- Arabian Business
Dubai Chamber welcomes 35,500 new companies as exports hit $47bn in H1 2025
Dubai Chamber of Commerce has reported strong growth in the first half of 2025, welcoming 35,532 new member companies — a 4 per cent year-on-year increase — and driving member exports and re-exports to AED171.9bn ($46.8bn), up 18 per cent compared to H1 2024. The performance reinforces Dubai's position as a global hub for trade and investment, backed by targeted initiatives to boost international market access and strengthen public-private partnerships. Record gains in trade activity and business support in this time include: Certificates of Origin issued: 409,083 (Up 10 per cent YoY) ATA Carnets processed: 2,961, covering goods worth AED1.94bn ($528m) New Business Councils formed: Five, representing Brazil, Slovakia, Peru, Indonesia, and Hungary Mediation cases handled: 94 (Up 19 per cent YoY), valued at AED213.5m ($58.1m) Sultan bin Saeed Al Mansoori, Chairman of Dubai Chambers, said: 'The emirate continues to strengthen its position as a leading global centre for trade and investment. Dubai's integrated business ecosystem plays a pivotal role in reinforcing investor confidence in the positive outlook of the national economy. 'We are committed to empowering the local business community by shaping a regulatory and legislative environment that fosters growth, creates opportunities, and supports the development of priority sectors. 'The chamber will continue to strengthen its efforts to enhance public-private partnerships, which form a key pillar in achieving the goals of the D33 Agenda.' Dubai Chamber of Commerce growth The chamber's 'New Horizons' initiative enabled 60 local companies to expand into new markets in H1 2025 — a 76 per cent rise from last year. Trade missions to Thailand, the Philippines, Angola, and Mozambique generated 1,076 B2B meetings between Dubai firms and international partners. Working closely with Business Groups, the chamber reviewed 27 laws and draft laws, with 60 per cent of private-sector recommendations adopted — up from 46 per cent in 2024. It also held 98 meetings with Business Groups and Councils, marking a 104 per cent increase in engagement. Through the Dubai Centre for Family Businesses, the chamber partnered with Dubai's Department of Economy and Tourism to publish 'Family Businesses in the Emirate of Dubai: A Guidebook,' offering best practices for preserving wealth and ensuring long-term continuity. The Chamber's H1 2025 performance highlights sustained momentum in attracting businesses, expanding global trade links, and shaping a supportive legislative framework — aligning closely with the emirate's D33 Agenda to double the size of the economy over the next decade.
Zawya
27-05-2025
- Business
- Zawya
Sharjah Chamber highlights Sectoral Business Groups' role as key partners in driving private sector growth
Sharjah: The Sharjah Chamber of Commerce and Industry (SCCI) reaffirmed its commitment to supporting Sectoral Business Groups operating under its umbrella and expanding their scope to cover new economic activities within the emirate. The initiative is part of the Sharjah Chamber's strategy to stimulate private sector growth, enhance its contribution to sustainable development, and elevate the competitive performance of businesses operating in their respective industries, both within Sharjah and beyond. This announcement was made during a meeting held by the Sharjah Chamber with heads of Sectoral Business Groups. These groups represent key economic sectors, including manufacturing, real estate, serviced apartments, and used car trade, retail centers, hospitality, food trade and industry, and legal services. Chaired by H.E Abdallah Sultan Al Owais, Chairman of SCCI, the meeting was attended by Abdul Aziz Al Shamsi, Assistant Director-General for Communication and Business Sector at SCCI; Dr. Fatema Khalifa Al Muqarrab, Director of International Relations at SCCI; and Amjad Awad al Karim, Head of the Sectoral Business Groups Department. The meeting highlighted the key elements of the upcoming action plan to elevate the performance of SCCI's Sectoral Business Groups. Discussions covered proposed initiatives for 2025, including forming new sectoral groups, hosting a brainstorming session for the groups in collaboration with the Chamber's Business Councils Department, and supporting engagement in domestic and international events. The plan also encompasses hosting awareness workshops on economic laws and regulations, along with maintaining periodic meetings to enhance engagement with key economic sectors. The objective is to assess sector-specific needs and relay them to decision-makers, paving the way for tailored initiatives and incentives that foster business growth and operational advancement. In his remarks, H.E Abdallah Sultan Al Owais underscored the strategic role of sector-specific working groups as core partners to the Sharjah Chamber in advancing private sector development and supporting the emirate's broader economic objectives. He noted that the Sharjah Chamber's initiative to establish new sectoral business groups reflects its vision to adapt to global economic shifts by broadening the representation of emerging industries. These efforts aim to strengthen Sharjah's investment climate, expand local and international business partnerships, reinforce public-private sector collaboration, and unlock opportunities that enhance the emirate's overall economic competitiveness. During the meeting, heads of Sectoral Business Groups presented the key achievements and milestones achieved during the current year and introduced their forward-looking strategies. Saeed Ghanem Al Suwaidi, Head of the Real Estate Sector Business Group, highlighted a series of initiatives designed to drive real estate investment and broaden development project portfolios in response to Sharjah's urban and demographic growth. He also addressed preparations underway for the upcoming edition of the Sharjah Real Estate Exhibition "ACRES 2026". Meanwhile, Lalu Samuel, Head of the Industries Sector Business Group, pointed to the ongoing efforts to launch strategic programs that position local industries for stronger global competitiveness and sustainable growth. For his part, Khaled Omar Mohammed Batarfi, Head of the Used Car Trade Sector Business Group, outlined initiatives aimed at enhancing infrastructure at Sharjah's Souq Al Haraj and expediting digital upgrades in vehicle licensing processes. Abdullah Al Blooshi, Head of the Shopping Centers Sector Business Group, pointed to the sector's success in attracting new investments and increasing footfall, underscoring its commercial appeal and contribution to economic growth. Fadi Musharafieh, Head of the Hotels Sector Business Group, outlined the group's upcoming work plan, which includes increasing hotel occupancy rates, promoting cultural, educational, and historical tourism, and encouraging sustainability across the hospitality sector. Meanwhile, Rabih Abou Mourad, Deputy Chairman of the Hotel Apartments Sector Business Group, affirmed the group's commitment to increasing the number of serviced apartments and attracting a broader international clientele, with targeted summer promotions aimed at stimulating inbound and domestic tourism. For further information, please contact: - Ali Elgendy Misbar Communications ali@ Ahmad Aldwairi Misbar Communications
Hi Dubai
07-05-2025
- Business
- Hi Dubai
Dubai Chamber Achieves AED86 Billion in Q1 Exports as Business Momentum Grows
Dubai Chamber of Commerce recorded AED86 billion in exports and re-exports during Q1 2025, marking a 16.8% year-on-year increase as the emirate strengthens its position as a global business hub. The surge in trade volume was accompanied by a 7% rise in Certificates of Origin issued, totaling 204,240, and the processing of 1,656 ATA Carnets worth nearly AED984 million. The chamber also welcomed 18,160 new member companies in the first quarter, a clear signal of growing investor confidence in Dubai's business ecosystem. In a push to support global expansion, the chamber facilitated the entry of 28 local companies into international markets—up 75% from the same period last year. Chairman Sultan bin Saeed Al Mansoori emphasized the chamber's role in driving sustainable growth under the directives of Dubai's leadership, highlighting the importance of strong public-private partnerships. The chamber also played an active role in shaping business policy. Its Business Advocacy sector reviewed 10 laws and draft laws, with over half of private sector recommendations adopted. Engagements with Business Groups and Councils surged by 166% with 55 meetings held, alongside the creation of the Indonesian and Hungarian Business Councils. Mediation services also expanded, with 45 cases valued at AED7.3 million—a 232% increase in total value. Legal awareness efforts included 10 events that drew nearly 600 attendees, reinforcing compliance and best practices across industries. Dubai Chamber's Q1 results reflect its commitment to fostering a competitive, resilient, and opportunity-rich environment for businesses operating in and beyond the emirate. News Source: Emirates News Agency
