Latest news with #SultanBinSaeedAlMansoori
Gulf Business
2 days ago
- Business
- Gulf Business
Dubai Chamber of Commerce reports 4% rise in new members, trade value up 18% in H1
Image: Dubai Media Office Dubai Chamber of Commerce said it registered 35,532 new member companies in H1 2025, up 4 per cent from a year earlier, while the value of members' exports and re-exports rose 18 per cent to Dhs171.9bn ($46.8bn). The chamber, one of three operating under Dubai Chambers, issued 409,083 certificates of origin in the period, an increase of 10 per cent from H1 2024. It also processed 2,961 ATA carnets for goods valued at Dhs1.94bn. Chairman Sultan bin Saeed Al Mansoori said the results reflected Dubai's position as 'a leading global centre for trade and investment' and the emirate's 'integrated business ecosystem,' which he said reinforced investor confidence in the national economy. The chamber supported the expansion of 60 local companies into new overseas markets during H1 2025, a 76 per cent increase from the 34 firms assisted in the same period last year. Dubai Chamber of Commerce organised trade missions As part of its 'New Horizons' initiative, it organised trade missions to Thailand, the Philippines, Angola and Mozambique, resulting in 1,076 business-to-business meetings. During the first six months of the year, the It held 98 meetings with Business Groups and Councils, more than double the number last year, and set up five new Business Councils representing Brazil, Slovakia, Peru, Indonesia and Hungary. The chamber handled 94 mediation cases worth Dhs213.5m, up 19 per cent year-on-year, and organised 19 legal events attended by 1,414 participants. The Dubai Centre for Family Businesses, part of Dubai Chambers, published a guide in partnership with the Department of Economy and Tourism on best practices for preserving family wealth and ensuring business continuity. Read:
Gulf Today
3 days ago
- Business
- Gulf Today
Over 35,000 new companies join Dubai Chamber of Commerce in H1 2025
Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has announced its achievements for the first half of 2025. The chamber welcomed 35,532 new member companies during the first six months of 2025, marking a 4 per cent year-over-year (YoY) growth. The value of members' exports and re-exports reached Dhs171.9 billion during H1 2025, representing an 18 percent increase compared to the same period last year. The chamber also issued 409,083 Certificates of Origin, up 10 percent from H1 2024, and issued and received 2,961 ATA Carnets for goods valued at around Dhs1.94 billion. Eng. Sultan Bin Saeed Al Mansoori, Chairman of Dubai Chambers, commented, 'Guided by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, 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.' He added, '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.' The chamber successfully supported the expansion of 60 local companies into new global markets during H1 2025, achieving 76 percent growth compared to 34 companies supported during the same period in 2024. As part of its 'New Horizons' initiative, which enables Dubai-based companies to join targeted trade missions and explore opportunities in global markets, the chamber organised two missions to Southeast Asia and Africa. Encompassing visits to Thailand, the Philippines, Angola, and Mozambique, these resulted in 1,076 B2B meetings between Dubai companies and their counterparts in the four markets. During H1 2025, the chamber reviewed 27 laws and draft laws in collaboration with Business Groups. The private sector's recommendations achieved a 60 per cent adoption rate, up from 46 per cent in H1 2024. It also arranged 98 meetings with Business Groups and Business Councils, representing YoY growth of 104 per cent. In addition, the chamber established five new Business Councils during the first half of the year, representing the interests of investors from Brazil, Slovakia, Peru, Indonesia, and Hungary. The chamber also organised 19 legal events attended by 1,414 participants from the business community. These included a series of seminars and workshops highlighting the latest developments in the legislative landscape. The chamber received a total of 94 mediation cases during H1, representing YoY growth of 19 percent. The combined value of these cases exceeded Dhs213.5 million. The Dubai Centre for Family Businesses, which operates under the umbrella of Dubai Chambers, continued its mission to ensure the sustainability and growth of family enterprises. In partnership with Dubai's Department of Economy and Tourism, the centre released 'Family Businesses in the Emirate of Dubai: A Guidebook,' an informative guide outlining best practices for preserving family wealth and ensuring long-term continuity and growth. WAM
Zawya
3 days ago
- Business
- Zawya
Over 35,000 new companies join Dubai Chamber of Commerce in H1 2025
DUBAI - Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has announced its achievements for the first half of 2025. The chamber welcomed 35,532 new member companies during the first six months of 2025, marking a 4 percent year-over-year (YoY) growth. The value of members' exports and re-exports reached AED171.9 billion during H1 2025, representing an 18 percent increase compared to the same period last year. The chamber also issued 409,083 Certificates of Origin, up 10 percent from H1 2024, and issued and received 2,961 ATA Carnets for goods valued at around AED1.94 billion. Eng. Sultan bin Saeed Al Mansoori, Chairman of Dubai Chambers, commented, 'Guided by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, 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.' He added, '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.' The chamber successfully supported the expansion of 60 local companies into new global markets during H1 2025, achieving 76 percent growth compared to 34 companies supported during the same period in 2024. As part of its 'New Horizons' initiative, which enables Dubai-based companies to join targeted trade missions and explore opportunities in global markets, the chamber organised two missions to Southeast Asia and Africa. Encompassing visits to Thailand, the Philippines, Angola, and Mozambique, these resulted in 1,076 B2B meetings between Dubai companies and their counterparts in the four markets. During H1 2025, the chamber reviewed 27 laws and draft laws in collaboration with Business Groups. The private sector's recommendations achieved a 60 percent adoption rate, up from 46 percent in H1 2024. It also arranged 98 meetings with Business Groups and Business Councils, representing YoY growth of 104 percent. In addition, the chamber established five new Business Councils during the first half of the year, representing the interests of investors from Brazil, Slovakia, Peru, Indonesia, and Hungary. The chamber also organised 19 legal events attended by 1,414 participants from the business community. These included a series of seminars and workshops highlighting the latest developments in the legislative landscape. The chamber received a total of 94 mediation cases during H1, representing YoY growth of 19 percent. The combined value of these cases exceeded AED213.5 million. The Dubai Centre for Family Businesses, which operates under the umbrella of Dubai Chambers, continued its mission to ensure the sustainability and growth of family enterprises. In partnership with Dubai's Department of Economy and Tourism, the centre released 'Family Businesses in the Emirate of Dubai: A Guidebook,' an informative guide outlining best practices for preserving family wealth and ensuring long-term continuity and growth.
Zawya
3 days ago
- Business
- Zawya
Over 35,000 new companies became members of Dubai Chamber of Commerce during H1 2025
Value of members' exports and re-exports increases by 18% to reach AED 171.9 billion H.E. Eng. Sultan Bin Saeed Al Mansoori: ' Guided by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Dubai continues to strengthen its position as a leading global centre for trade and investment.' H.E. Eng. Sultan Bin Saeed Al Mansoori: ' We are committed to empowering the local business community by shap ing a regulatory and legislative environment that fosters growth, creates opportunities, and supports the development of priority sectors.' More than 409,000 Certificates of Origin were issued during H1 2025, marking a 10% increase compared to the first half of 2024. A total of 2,961 ATA Carnets were issued and received, covering goods valued at around AED 1.94 billion. The c hamber supported the expansion of 60 local companies into new global markets, representing 76% growth compared to H1 2024. 27 laws and draft laws were reviewed in cooperation with Business Groups, with a 60% adoption rate for the private sector's recommendations. The c hamber handled 94 mediation cases worth AED 213.5 million, reflecting a 19% increase in case volume. 19 legal awareness events were organised, attracting 1,414 participants. Dubai, UAE – Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has announced its key achievements for the first half of 2025. The results reflect the chamber's continued efforts to enhance the competitiveness of Dubai's business environment and contribute to the goals of the Dubai Economic Agenda (D33). The chamber welcomed 35,532 new member companies during the first six months of 2025, marking a 4% year-over-year (YoY) growth. This steady increase reflects the continuing attractiveness of Dubai's business environment among the global business community and the sustained inflow of foreign direct investment. The value of members' exports and re-exports reached AED 171.9 billion during H1 2025, representing an 18% increase compared to the same period last year. The chamber also issued 409,083 Certificates of Origin, up 10% from H1 2024, and issued and received 2,961 ATA Carnets for goods valued at around AED 1.94 billion. H.E. Eng. Sultan bin Saeed Al Mansoori, Chairman of Dubai Chambers, commented: 'Guided by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, 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.' H.E. Al Mansoori added: '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.' Supporting Global Expansion The chamber successfully supported the expansion of 60 local companies into new global markets during H1 2025, achieving 76% growth compared to 34 companies supported during the same period in 2024. As part of its 'New Horizons' initiative, which enables Dubai-based companies to join targeted trade missions and explore opportunities in global markets, the chamber organised two missions to Southeast Asia and Africa. Encompassing visits to Thailand, the Philippines, Angola, and Mozambique, these resulted in 1,076 B2B meetings between Dubai companies and their counterparts in the four markets. Strengthening the Legislative Ecosystem During H1 2025, the chamber reviewed 27 laws and draft laws in collaboration with Business Groups. The private sector's recommendations achieved a 60% adoption rate, up from 46% in H1 2024. It also arranged 98 meetings with Business Groups and Business Councils, representing YoY growth of 104%. In addition, the chamber established five new Business Councils during the first half of the year representing the interests of investors from Brazil, Slovakia, Peru, Indonesia, and Hungary. As part of its ongoing efforts to raise legal awareness, the chamber organised 19 legal events attended by 1,414 participants from the business community. These included a series of seminars and workshops highlighting the latest developments in the legislative landscape. The chamber received a total of 94 mediation cases during the first half of the year, representing YoY growth of 19%. The combined value of these cases exceeded AED 213.5 million. Dubai Centre for Family Businesses The Dubai Centre for Family Businesses, which operates under the umbrella of Dubai Chambers, continued its mission to ensure the sustainability and growth of family enterprises. In partnership with Dubai's Department of Economy and Tourism, the centre released 'Family Businesses in the Emirate of Dubai: A Guidebook,' an informative guide outlining best practices for preserving family wealth and ensuring long-term continuity and growth. The centre hosted two events as part of its 'Governance Series.' The first showcased an international case study on intergenerational business continuity, while the second explored strategies for building a lasting legacy for family businesses. As part of the centre's Next-Gen Training Programme, a workshop was held to enhance the skills of the next generation of family business leaders in generative AI prompt engineering. The centre also conducted a media training session for family business representatives to strengthen their public presence and reinforce their reputations, supporting efforts to highlight the legacy and achievements of family businesses in Dubai. 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.
Mid East Info
18-06-2025
- Business
- Mid East Info
Dubai International Chamber establishes new international representative office in Toronto to boost trade and investments with Canada
H.E. Eng. Sultan Bin Saeed Al Mansoori: 'We are committed to helping Canadian businesses leverage Dubai's strategic location and competitive advantages as a gateway to global growth.' Non-oil trade between Dubai and Canada exceeded AED 10.2 billion in 2024. 4,112 active Canadian companies registered as members with Dubai Chamber of Commerce by the end of 2024, registering an annual growth of 29% Dubai, UAE – Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has officially launched a new representative office in Toronto, Canada. The strategic move reflects the chamber's commitment to bolstering economic ties and exploring avenues to increase bilateral trade and investments between Dubai and Canada. The office was inaugurated during a ribbon-cutting ceremony in Toronto in the presence of the Honourable Maninder Sidhu, Minister of International Trade for Canada, together with H.E. Eng. Sultan Bin Saeed Al Mansoori, Chairman of Dubai Chambers, H.E. Abdulrahman Al Neyadi, Ambassador of the United Arab Emirates to Canada, and members of the Canadian business community. The opening further strengthens the chamber's expanding global network and is considered the first representative office in North America. The new office comes as part of the 'Dubai Global' initiative, which seeks to establish 50 representative offices around the world by 2030. H.E. Eng. Sultan Bin Saeed Al Mansoori, Chairman of Dubai Chambers, commented: 'The launch of our new office in Toronto marks a significant milestone in strengthening the economic ties between Dubai and Canada. The office will serve as a strategic platform to connect businesses, facilitate investment flows, and open new channels for bilateral trade. We are committed to helping Canadian businesses leverage Dubai's strategic location and competitive advantages as a gateway to global growth.' The launch of the Toronto office comes at a time of strong and growing business relations between Canada and Dubai, with the value of non-oil bilateral trade exceeding AED 10.2 billion last year. By the end of 2024, a total of 4,112 Canadian companies were registered as active members of Dubai Chamber of Commerce, representing annual growth of 29%. This momentum has continued into 2025, with 289 new Canadian companies joining during the first quarter. The Toronto representative office will serve as a vital resource for businesses in both Dubai and Canada. The chamber's team will actively engage with the Canadian business community, cultivate strategic partnerships with key public and private sector stakeholders, and promote Dubai's unique advantages as a global business destination. The office will provide Canadian companies with valuable market intelligence and practical support to establish and grow their presence in Dubai. In addition, it will assist Dubai-based businesses looking to expand into the Canadian market by offering targeted insights, identifying high-potential trade and investment opportunities, and connecting them with reliable local partners to ensure a smooth and successful market entry. About Dubai International Chamber: Dubai International Chamber, one of the 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 is dedicated to achieving the objectives of the Dubai Economic Agenda (D33), which aims to double the size of the emirate's economy and establish Dubai among the top three global cities by 2033.
