Latest news with #DubaiGlobal
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
Mid East Info
3 days ago
- Business
- Mid East Info
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, UAE – 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. About: Dubai International Chamber, one of three chambers operating under the umbrella of Dubai Chambers, was established to promote Dubai as a global business hub, attract multinational companies, and expand the emirate's trade ties with promising markets. The chamber has a mandate to meet His Highness Sheikh Mohammed's ambition to increase Dubai's foreign trade from AED 1.4 trillion to AED 2 trillion by 2026
Web Release
3 days ago
- Business
- Web Release
Dubai International Chamber launches 36th international representative office in Bangkok to boost trade and investments with Thailand
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.
Mid East Info
24-05-2025
- Business
- Mid East Info
Dubai Chamber of Commerce completes preparations for trade mission to the Philippines and Thailand - Middle East Business News and Information
• The mission's programme will include bilateral meetings and business matchmaking sessions between Dubai-based companies and their counterparts in the Philippines and Thailand to strengthen partnerships and facilitate entry into both markets. Dubai, UAE – Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has completed preparations for its upcoming trade mission to the Philippines and Thailand, which will take place from 26 – 30 May. The mission comes as part of the 'New Horizons' initiative, which aims to support the expansion of local companies into promising global markets. The chamber hosted a virtual briefing session for members of the trade mission, which includes representatives from a diverse range of Dubai-based companies operating in sectors such as food and beverages, human resources, the automotive trade, hospitality, industrial oils, agriculture, electronics, and investment. Participants were briefed on the mission's programme, which features meetings and bilateral business matchmaking sessions between companies from Dubai and their counterparts in the Philippines and Thailand to explore opportunities for collaboration, align interests, and identify potential areas for growth. Attendees also gained valuable insights into the economic landscape and market dynamics of both countries. The 'New Horizons' initiative is a key pillar of the chamber's efforts to promote the global expansion of Dubai-based companies and enable them to capitalise on rewarding opportunities in new international markets. The initiative aligns with the goals of the 'Dubai Global' initiative, which seeks to help local companies explore new business prospects across 30 priority markets worldwide.
Hi Dubai
22-05-2025
- Business
- Hi Dubai
Dubai Chamber Launches Trade Mission to Boost Business Ties with Philippines and Thailand
Dubai Chamber of Commerce is set to lead a high-level trade mission to the Philippines and Thailand from 26 to 30 May, aiming to unlock new opportunities for Dubai-based companies in two of Southeast Asia's fastest-growing markets. Organised under the 'New Horizons' initiative, the mission is part of the chamber's broader strategy to support the global expansion of local businesses. Participating firms span a wide range of sectors, including food and beverages, human resources, automotive trade, hospitality, industrial oils, agriculture, electronics, and investment. Ahead of the mission, the chamber held a virtual briefing session for delegates, outlining the agenda and providing a detailed overview of the economic and business landscape in both countries. The programme includes targeted meetings and bilateral business matchmaking sessions designed to foster partnerships and identify areas for collaboration. The initiative supports the broader objectives of the 'Dubai Global' strategy, which aims to position Dubai as a key player in 30 priority international markets. By facilitating direct engagement with foreign counterparts, the chamber hopes to help local companies align with regional market needs and tap into new growth channels. Dubai Chamber of Commerce operates under the umbrella of Dubai Chambers and plays a central role in driving trade and investment links between Dubai and global markets. News Source: Emirates News Agency
