Latest news with #SlovakBusinessCouncil
Hi Dubai
28-04-2025
- Business
- Hi Dubai
Dubai Chamber of Commerce Launches Slovak Business Council to Boost Economic Ties
The Dubai Chamber of Commerce has announced the launch of the Slovak Business Council, aiming to strengthen trade and investment ties between Dubai and Slovakia. The move highlights Dubai's growing appeal as a hub for Slovakian businesses and investors. The council was officially inaugurated during its first annual general meeting held at Dubai Chambers' headquarters. Business leaders from both sides discussed strategies to deepen cooperation, explore new opportunities, and organise bilateral events to drive economic collaboration. The establishment of the Slovak Business Council comes as trade between Dubai and Slovakia continues to grow. Non-oil trade reached AED3.4 billion in 2024, a 38% jump compared to the previous year. Membership growth also reflects the rising momentum, with 10 new Slovakian companies joining the chamber in the first quarter of 2025, pushing the total to 134—a 41% increase year-on-year. Maha Al Gargawi, Vice President of Business Advocacy at Dubai Chambers, described the council as a key platform for unlocking new partnerships and boosting bilateral trade and investments. Business Councils under the Dubai Chamber of Commerce play a vital role in representing the interests of foreign companies operating in Dubai, working to build stronger economic ties between Dubai and various international markets. News Source: Emirates News Agency
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.
Zawya
25-04-2025
- Business
- Zawya
Dubai Chamber of Commerce launches Slovak Business Council
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 AED3.4 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.
