Latest news with #MahaAlGergawi
Hi Dubai
26-05-2025
- Business
- Hi Dubai
Dubai Chamber Establishes Brazilian Business Council to Boost Trade Ties
Dubai Chamber of Commerce has launched the Brazilian Business Council to strengthen trade and investment links between Dubai and Brazil, marking a new chapter in bilateral economic cooperation. The council, announced following its inaugural annual general meeting at Dubai Chambers' headquarters, aims to enhance collaboration between Brazilian and Dubai-based businesses, promote joint ventures, and facilitate the exchange of market insights and expertise. With Brazil emerging as a key trade partner, the move reinforces Dubai's role as a global business gateway. Non-oil trade between Dubai and Brazil surged to AED13.8 billion in 2024, a 35% rise from the previous year. Active Brazilian membership in the Dubai Chamber of Commerce also grew by 22%, reaching 364 companies by the end of the year. Maha Al Gergawi, Vice President of Business Advocacy at Dubai Chambers, said the council reflects a strategic effort to attract global investment and deepen economic ties. 'The council creates a valuable platform to explore investment opportunities and drive the sustainable growth of trade relations between Dubai and Brazil,' she noted. The Brazilian Business Council joins a network of country-specific councils under the Dubai Chamber of Commerce, each designed to facilitate cross-border collaboration and support Dubai's broader goal of becoming a leading hub for international business. News Source: Emirates News Agency
Zawya
26-05-2025
- Business
- Zawya
Dubai Chamber of Commerce launches Brazilian Business Council
Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has announced the establishment of the Brazilian Business Council. The new council is dedicated to expanding cooperation between the business communities in Dubai and Brazil, deepening trade and investment ties, and promoting bilateral partnerships across diverse sectors. The inaugural annual general meeting of the Brazilian Business Council was hosted recently at Dubai Chambers' headquarters. Discussions focused on enhancing investments in promising business opportunities, strengthening the ties between Brazilian companies and their counterparts in Dubai, sharing expertise and data, and organising bilateral business events. The launch of the council reflects Dubai's position as an international business hub for Brazilian companies and investors. During 2024, non-oil trade between Dubai and Brazil reached AED13.8 billion, marking a 35 percent year-on-year increase and highlighting the growing strength of bilateral trade relations. By the end of 2024, a total of 364 Brazilian companies were registered as active members of Dubai Chamber of Commerce, representing a 22 percent increase compared to the end of 2023. Commenting on the announcement, Maha Al Gergawi, Vice President of Business Advocacy at Dubai Chambers, said, 'The establishment of the Brazilian Business Council underlines our strong commitment to expanding the contribution of investors from around the world to Dubai's economic development and strengthening strategic partnerships between the business communities in the emirate. The council creates a valuable platform to explore investment opportunities and drive the sustainable growth of trade relations between Dubai and Brazil.' The country-specific Business Councils operating under the umbrella of Dubai Chamber of Commerce work in close collaboration with the chamber to stimulate bilateral trade and investment. They facilitate stronger connections between Dubai-based companies and businesses from the markets represented, with the goal of strengthening strategic economic partnerships.
Al Etihad
26-05-2025
- Business
- Al Etihad
Dubai Chamber of Commerce launches Brazilian Business Council
26 May 2025 14:23 DUBAI (WAM) Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has announced the establishment of the Brazilian Business new council is dedicated to expanding cooperation between the business communities in Dubai and Brazil, deepening trade and investment ties, and promoting bilateral partnerships across diverse inaugural annual general meeting of the Brazilian Business Council was hosted recently at Dubai Chambers' headquarters. Discussions focused on enhancing investments in promising business opportunities, strengthening the ties between Brazilian companies and their counterparts in Dubai, sharing expertise and data, and organising bilateral business launch of the council reflects Dubai's position as an international business hub for Brazilian companies and investors. During 2024, non-oil trade between Dubai and Brazil reached Dh13.8 billion, marking a 35 percent year-on-year increase and highlighting the growing strength of bilateral trade the end of 2024, a total of 364 Brazilian companies were registered as active members of Dubai Chamber of Commerce, representing a 22 percent increase compared to the end of President of Business Advocacy at Dubai Chambers, Maha Al Gergawi, commented on the announcement, 'The establishment of the Brazilian Business Council underlines our strong commitment to expanding the contribution of investors from around the world to Dubai's economic development and strengthening strategic partnerships between the business communities in the emirate. The council creates a valuable platform to explore investment opportunities and drive the sustainable growth of trade relations between Dubai and Brazil.'The country-specific Business Councils operating under the umbrella of Dubai Chamber of Commerce work in close collaboration with the chamber to stimulate bilateral trade and investment. They facilitate stronger connections between Dubai-based companies and businesses from the markets represented, with the goal of strengthening strategic economic partnerships.
Mid East Info
25-04-2025
- Business
- Mid East Info
Dubai Chamber of Commerce launches Slovak Business Council to strengthen economic partnerships between Dubai and Slovakia
• Maha Al Gergawi: 'The Slovak Business Council will serve as a vital platform to unlock new partnership opportunities and contribute to the growth of bilateral trade and investments.' • 134 Slovakian companies were registered as active members of Dubai Chamber of Commerce by the end of 2024, reflecting annual growth of 41%. • The value of non-oil trade between Dubai and Slovakia reached AED 3.4 billion last year, marking a 38% increase compared to 2023. Dubai, UAE – Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has announced the establishment of the Slovak Business Council. The initiative aims to enhance economic ties between the business communities in Dubai and Slovakia and foster stronger trade and investment relations across diverse sectors. The council was officially launched during its inaugural annual general meeting, which took place today at Dubai Chambers' headquarters. Participants discussed avenues to expand cooperation, identify promising business opportunities, share expertise and data, and organise bilateral business events. This strategic step reflects Dubai's growing importance as a business destination of choice among Slovakian investors. By the end of 2024, the number of Slovakian companies registered as active members of Dubai Chamber of Commerce had reached 134, representing annual growth of 41%. During the first quarter of this year alone, 10 new Slovakian companies joined the chamber's membership. Non-oil trade between Dubai and Slovakia reached a value of AED 3.4 billion in 2024, marking a 38% increase compared to 2023. Maha Al Gargawi, Vice President of Business Advocacy at Dubai Chambers, commented: 'The establishment of the Slovak Business Council represents a significant step in strengthening economic relations between Dubai and Slovakia. The council will serve as a vital platform to unlock new partnership opportunities and contribute to the growth of bilateral trade and investments.' The Business Councils operating under the umbrella of Dubai Chamber of Commerce represent the interests of companies and investors from specific markets operating in Dubai. They work in close cooperation with the chamber to enhance bilateral trade and investments between Dubai and the markets represented, with the goal of developing robust long-term economic partnerships.
Gulf Today
19-03-2025
- Business
- Gulf Today
Dubai, Hungary to expand trade and investments across all sectors
Dubai Chamber of Commerce (DCC), one of the three chambers operating under the umbrella of Dubai Chambers, has announced the establishment of the Hungarian Business Council. The initiative aims to enhance cooperation and foster stronger ties between the business communities in Dubai and Hungary to expand trade and investments across all sectors. The launch of the council reflects Dubai's growing appeal among the Hungarian business community. The number of companies from Hungary registered as active members of Dubai Chamber of Commerce reached 201 at the end of 2024, achieving annual growth of 48 per cent. The inaugural meeting of the Hungarian Business Council was hosted today at Dubai Chambers' headquarters. Discussions focused on ways to enhance collaboration, organise bilateral business events, and explore emerging opportunities, as well as exchanging expertise and valuable market insights. Maha Al Gergawi, Vice President of Business Advocacy at Dubai Chambers, stated, 'Business councils play a fundamental role in strengthening the connections between companies and investors, fostering collaboration, and expanding joint business initiatives. We remain committed to enhancing the role of Business Councils in developing trade and investment relations with countries worldwide, contributing to the growth of Dubai's economy across all sectors.' Meanwhile a recent analysis conducted by Dubai Chamber of Commerce (DCC), one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that 29,000 new companies operating in the trading and services sector joined the chamber during 2024. This significant growth reflects the sector's pivotal role in Dubai's economic diversification. The construction sector also witnessed substantial growth in memberships, with 7,434 new companies joining the chamber in 2024, representing an increase of 33 per cent compared to 2023. A total of 23,204 new companies operating in the real estate, renting, and business services sector joined the chamber last year, reflecting annual growth of 8.4 per cent, while 5,901 new companies in the transport, storage, and communication sector joined the chamber. The financial intermediation sector also expanded, with 1,830 new companies joining the chamber, representing growth of 8.3 per cent. A total of 70,500 new companies joined Dubai Chamber of Commerce during 2024, reinforcing Dubai's position as a global investment hub that offers exceptional competitive advantages for businesses worldwide. Dubai Chamber of Commerce recorded 33 per cent growth in number of construction companies registering as new members during 2024. 23,204 new companies in real estate, renting, and business services sector, representing annual growth of 8.4 per cent. Dubai Chamber of Commerce was 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. Earlier last week the Dubai Chambers Board of Directors (BoD), chaired by Sultan Bin Saeed Al Mansoori, held a brainstorming session with the participation of Board Members from the three chambers operating under the umbrella of Dubai Chambers – Dubai Chamber of Commerce, Dubai Chamber of Digital Economy, and Dubai International Chamber. The Board Members discussed Dubai Chambers' strategic direction and future initiatives aimed at reinforcing its role as Dubai's engine of economic growth and development. The interactive session was attended by Sultan Ahmad Bin Sulayem, Chairman of Dubai International Chamber, together with Board Members from all three chambers and Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers. The discussions centered on key strategies, future directions, and upcoming initiatives to strengthen Dubai Chambers' role in advancing economic growth and fostering prosperity across all business sectors, while strengthening collaboration with the private sector and key partners both locally and internationally. The session underlined Dubai Chambers' commitment to further cementing Dubai's status as a premier global investment destination and reinforcing its development model built on proactivity, adaptability, and strategic partnerships. The session also featured a review of fresh ideas and impactful proposals to enhance Dubai Chambers' contribution to cementing Dubai's position as a global economic hub. Discussions also focused on developing new support businesses and investors, in line with Dubai's vision and evolving economic landscape.
