Latest news with #DubaiChamber
Zawya
15 hours ago
- Business
- Zawya
Dubai Chamber of Digital Economy highlights the advantages of Dubai's digital business ecosystem to 56 European companies and welcomes around 600 visitors during GITEX Europe
Dubai Chamber of Digital Economy invited digital businesses from Germany and across Europe to take part in Expand North Star 2025 in Dubai, the world's largest event for startups and investors. The Chamber held discussions with 35 investors and 28 ecosystem partners to explore opportunities for collaboration in the digital economy and innovation fields. Dubai, UAE – Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, successfully concluded its participation as the official Digital Ecosystem Partner at GITEX Europe recently, which took place recently in Berlin. As part of its efforts to showcase the extensive growth opportunities across advanced technology sectors in Dubai, the chamber held meetings with 56 European companies during the exhibition. These included three unicorn companies and 21 digital firms each generating annual revenues of over US$ 100 million. Discussions focused on the unique advantages of Dubai's digital business ecosystem, with participants representing a wide range of digital sectors. The chamber also hosted a roundtable discussion with 35 investors and 28 digital ecosystem partners from Germany and across Europe, aimed at exploring new avenues for collaboration in the fields of digital economy and innovation. The chamber's participation came as part of its broader efforts to reinforce Dubai's position as a leading global hub for the digital economy. It also provided a valuable platform to showcase the emirate's world-class infrastructure, competitive advantages, and considerable growth opportunities for entrepreneurs and international businesses, particularly those from Europe seeking to expand into the Dubai market. Dubai Chamber of Digital Economy's stand at GITEX Europe welcomed around 580 visitors, offering them insights into Dubai's comprehensive value proposition as a global hub for digital businesses and entrepreneurs. Attendees also had the opportunity to learn more about the chamber's key initiatives, including the Business in Dubai platform, an innovative gateway that supports digital companies in establishing or growing their presence in the emirate through tailored services and business matchmaking. During the exhibition, the chamber actively promoted participation in Expand North Star 2025, encouraging digital startups from Germany and across Europe to join the world's largest event for startups and investors, which will take place in Dubai this October. Organised by Dubai World Trade Centre and hosted by Dubai Chamber of Digital Economy, the event offers an exceptional platform for companies seeking global exposure and funding opportunities. As part of the GITEX Europe programme, a startup pitch competition was held, resulting in Czech firm Battery Check and Portuguese company Wise World being selected for fully sponsored participation at Expand North Star 2025, courtesy of Dubai Chamber of Digital Economy. To further highlight the opportunities available in Dubai's innovation ecosystem, the chamber hosted three Dubai-based companies at its stand. These included CAFU, a leading digital platform offering on-demand vehicle services; Moove, a mobility fintech that empowers ride-hailing and logistics entrepreneurs through revenue-based vehicle financing; and Dub Dev Technologies, a tech company delivering AI, IoT, and simulation solutions. About: Dubai Chamber of Digital Economy, one of three chambers operating under the umbrella of Dubai Chambers, aims to strengthen Dubai's position as a global leader in the digital economy; attract specialised talent, leading companies, and new investments; and create a stimulating environment that supports the growth of digital companies. The chamber was established by a decree issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
Zawya
2 days ago
- Business
- Zawya
Dubai Chamber of Commerce explores avenues to drive private sector growth during second quarterly meeting of Business Groups and Councils for 2025
Maha Al Gargawi: 'Strengthening the voice of private sector stakeholders through our Business Groups and Councils remains central to enhancing Dubai's business landscape and fostering sustainable economic growth across all sectors.' Dubai Chamber of Commerce reviewed 10 laws and draft laws in collaboration with Business Groups during Q1 2025, with the private sector's recommendations achieved an adoption rate of 55%. Dubai, UAE – Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has successfully hosted the second quarterly roundtable meeting for Business Groups and Business Councils of 2025. The event brought together members of the sector-specific Business Groups and country-specific Business Councils overseen by the chamber, representing a broad spectrum of private sector enterprises from Dubai's business community. The meeting provided a strategic platform to discuss opportunities for economic growth and highlight key developments shaping the local business environment. Attendees were updated on the latest initiatives, programmes, and future plans aimed at promoting private sector success and creating a supportive ecosystem for sustainable business expansion. The dialogue focused on enhancing the competitiveness of local companies in alignment with emerging economic trends. During the first quarter of 2025, Dubai Chamber of Commerce facilitated 55 meetings with Business Groups and Business Councils, marking a significant 166% increase compared to the same period last year. The chamber also established two new Business Councils, the Indonesian Business Council and the Hungarian Business Council, strengthening engagement with companies and investors from both markets. Dubai Chamber of Commerce reviewed 10 laws and draft laws in collaboration with Business Groups during Q1 2025. The private sector's recommendations achieved an adoption rate of 55%, demonstrating the continuing influence of business advocacy on policymaking. The chamber also coordinated four joint meetings between Business Groups, Business Councils, and key government stakeholders during the first quarter to address sector-specific challenges and foster collaborative solutions. Maha Al Gargawi, Vice President of Business Advocacy at Dubai Chambers, commented: 'Strengthening the voice of private sector stakeholders through our Business Groups and Councils remains central to enhancing Dubai's business landscape and fostering sustainable economic growth across all sectors. We remain dedicated to providing platforms that enable businesses to engage directly with policymakers, share insights, and shape a regulatory environment that supports their growth and competitiveness.' The Business Groups and Business Councils operating under the umbrella of Dubai Chamber of Commerce ensure the representation of diverse industries and serve as a bridge between the business community and key government entities. Through their activities, these influential bodies work to enhance Dubai's dynamic business environment, promote public-private partnerships, and drive the success of businesses in the emirate. About Dubai Chamber of Commerce: Established in 1965, Dubai Chamber of Commerce continues to represent, support, and protect the interests of the business community in Dubai, create a stimulating business environment, and promote the emirate as a global business hub. The chamber is one of three chambers operating under the umbrella of Dubai Chambers, which was restructured under a decree issued by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
Hi Dubai
2 days ago
- Business
- Hi Dubai
Dubai International Chamber Opens New Office in Thailand to Boost Trade Ties
Dubai International Chamber has opened its 36th international office in Bangkok, reinforcing the emirate's strategic push to deepen economic ties with Thailand and expand Dubai's global trade footprint. The new office, inaugurated during the 'Doing Business with Thailand' forum, will serve as a hub for attracting Thai investments and guiding local businesses into the Dubai market. It is part of the Dubai Global initiative, which aims to position Dubai as a leading destination for foreign companies, talent, and investors. 'The launch of our new office in Bangkok further strengthens Dubai's global connectivity,' said Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers. 'It will unlock new opportunities for Thai companies and support Dubai's role as a gateway for international expansion.' The forum, hosted in Bangkok as part of Dubai Chamber's 'New Horizons' trade mission to Southeast Asia, drew over 470 participants including senior officials and business leaders. The event facilitated 288 bilateral meetings between 20 Dubai-based companies and Thai firms across sectors like food and beverages, electronics, agriculture, and investment. Dubai-Thailand non-oil trade reached AED 23.8 billion in 2024, marking a 23.3% increase from the previous year. Meanwhile, Thai business presence in Dubai continues to rise, with 190 Thai companies registered with Dubai Chamber by the end of 2024 — a 28.4% annual increase. The chamber has identified several high-potential export opportunities from Dubai to Thailand, such as fertilisers, cosmetic products, and aluminium alloys, while investment prospects in Thailand span renewable energy, freight services, and medical tourism. The Bangkok office is expected to play a key role in facilitating strategic business partnerships and accelerating trade growth between the two economies. News Source: Emirates News Agency
Emirates 24/7
2 days ago
- Business
- Emirates 24/7
Dubai International Chamber launches 36th international representative office in Bangkok
- Dubai International Chamber launches 36th international representative office in Bangkok to boost trade and investments with Thailand • H.E. Mohammad Ali Rashed Lootah: 'The launch of our new office in Bangkok further strengthens Dubai's global connectivity and reaffirms our commitment to supporting businesses in expanding their international footprints.' • Dubai's non-oil trade with Thailand exceeded AED 23.8 billion in 2024, achieving substantial YoY growth of 23.3%. • The number of Thai companies registered as active members of Dubai Chamber of Commerce increased by 28.4% during 2024 to reach 190 by the end of the year. Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has inaugurated its 36th representative office in Thailand. Located in Bangkok, the new office will play a key role in attracting businesses and investments from Thailand to Dubai and further strengthening the growing trade ties between the two markets. The chamber's office will work to deepen relationships with key public and private sector stakeholders and deliver a comprehensive range of support to the Thai business community, providing access to market intelligence, business matchmaking services, and strategic guidance on market entry. The launch supports the goals of the Dubai Global initiative, which aims to attract foreign companies, investors, and international talent to Dubai by showcasing the emirate's competitive advantages and enhancing bilateral engagement. His Excellency Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, commented: 'The launch of our new office in Bangkok further strengthens Dubai's global connectivity and reaffirms our commitment to supporting businesses in expanding their international footprints. The office will unlock new opportunities for Thai companies seeking to enter Dubai and leverage the city's strategic advantages as a gateway to global growth. Thailand remains an important partner in our efforts to cement Dubai's position as a hub for global trade and investment, and we are confident this step will generate significant opportunities for businesses in both markets.' Unlocking Opportunities in Thailand The new office was inaugurated during the 'Doing Business with Thailand' forum, which was organised as part of Dubai Chamber of Commerce's 'New Horizons' trade mission to Southeast Asia. Hosted in Bangkok, the forum was attended by more than 474 participants including senior officials, business leaders and Thai companies interested in exploring partnership opportunities with the chamber's delegation. The trade mission attracted the participation of 20 Dubai-based companies operating across diverse sectors including food and beverages, human resources, trading, electronics, hospitality, industrial lubricants, investment, and agriculture. The chamber successfully coordinated 288 bilateral business meetings between members of the Dubai delegation and companies from Thailand. The forum was organised by Dubai Chamber of Commerce in collaboration with the Thailand Board of Investment. Special remarks were delivered by Gongsakdi, Secretary to the Minister of Foreign Affairs of the Kingdom of Thailand and Potnvit Silaon, Deputy Director General, Department of International Trade Promotion. The event also featured speeches from H.E. Obaid Saeed Obaid Bintaresh Aldhaheri, Ambassador of the United Arab Emirates to the Kingdom of Thailand, and Dr. Poj Aramwattananont, Chairman of the Thai Chamber of Commerce and the Board of Trade of Thailand. During the business forum, Salem Al Shamsi, Vice President of International Relations at Dubai Chambers, delivered a detailed presentation on Dubai's economic landscape, highlighting the emirate's unique competitive advantages for businesses and investors. The forum also featured a dedicated session with representatives from Thailand's Board of Investment, which provided insights into the local business environment and explored promising investment opportunities. The forum aimed to build on the expanding economic ties between Dubai and Thailand. Non-oil bilateral trade exceeded AED 23.8 billion during 2024, achieving substantial year-over-year growth of 23.3%. The number of Thai companies registered as active members of Dubai Chamber of Commerce increased by 28.4% during 2024 to reach 190 by the end of the year, underlining the growing engagement between the business communities in the two markets. Dubai Chamber of Commerce has identified a number of high-potential export products from Dubai to Thailand, including livestock feed, fertiliser, flat-rolled iron/steel, unwrought aluminium alloys, and cosmetic products. In terms of investment opportunities for Dubai-based companies in Thailand, key sectors include rental and leasing services, renewable energy, freight and distribution services, and medical tourism. Follow Emirates 24|7 on Google News.
Trade Arabia
3 days ago
- Business
- Trade Arabia
Dubai International Chamber launches office in Bangkok
Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has inaugurated its 36th representative office in Thailand. Located in Bangkok, the new office will play a key role in attracting businesses and investments from Thailand to Dubai and further strengthening the growing trade ties between the two markets. The chamber's office will work to deepen relationships with key public and private sector stakeholders and deliver a comprehensive range of support to the Thai business community, providing access to market intelligence, business matchmaking services, and strategic guidance on market entry. The launch supports the goals of the Dubai Global initiative, which aims to attract foreign companies, investors, and international talent to Dubai by showcasing the emirate's competitive advantages and enhancing bilateral engagement. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, commented: 'The launch of our new office in Bangkok further strengthens Dubai's global connectivity and reaffirms our commitment to supporting businesses in expanding their international footprints. The office will unlock new opportunities for Thai companies seeking to enter Dubai and leverage the city's strategic advantages as a gateway to global growth. Thailand remains an important partner in our efforts to cement Dubai's position as a hub for global trade and investment, and we are confident this step will generate significant opportunities for businesses in both markets.' Unlocking Opportunities in Thailand The new office was inaugurated during the 'Doing Business with Thailand' forum, which was organised as part of Dubai Chamber of Commerce's 'New Horizons' trade mission to Southeast Asia. Hosted in Bangkok, the forum was attended by more than 474 participants including senior officials, business leaders and Thai companies interested in exploring partnership opportunities with the chamber's delegation. The trade mission attracted the participation of 20 Dubai-based companies operating across diverse sectors including food and beverages, human resources, trading, electronics, hospitality, industrial lubricants, investment, and agriculture. The chamber successfully coordinated 288 bilateral business meetings between members of the Dubai delegation and companies from Thailand. The forum was organised by Dubai Chamber of Commerce in collaboration with the Thailand Board of Investment. Special remarks were delivered by Chutintorn Gongsakdi, Secretary to the Minister of Foreign Affairs of Thailand and Potnvit Silaon, Deputy Director General, Department of International Trade Promotion. The event also featured speeches from Obaid Saeed Obaid Bintaresh Aldhaheri, Ambassador of the UAE to Thailand, and Dr. Poj Aramwattananont, Chairman of the Thai Chamber of Commerce and the Board of Trade of Thailand. During the business forum, Salem Al Shamsi, Vice President of International Relations at Dubai Chambers, delivered a detailed presentation on Dubai's economic landscape, highlighting the emirate's unique competitive advantages for businesses and investors. The forum also featured a dedicated session with representatives from Thailand's Board of Investment, which provided insights into the local business environment and explored promising investment opportunities. The forum aimed to build on the expanding economic ties between Dubai and Thailand. Non-oil bilateral trade exceeded AED23.8 billion during 2024, achieving substantial year-over-year growth of 23.3%. The number of Thai companies registered as active members of Dubai Chamber of Commerce increased by 28.4% during 2024 to reach 190 by the end of the year, underlining the growing engagement between the business communities in the two markets. Dubai Chamber of Commerce has identified a number of high-potential export products from Dubai to Thailand, including livestock feed, fertiliser, flat-rolled iron/steel, unwrought aluminium alloys, and cosmetic products. In terms of investment opportunities for Dubai-based companies in Thailand, key sectors include rental and leasing services, renewable energy, freight and distribution services, and medical tourism. –
