Dubai’s appeal as a hub for regional and global investors continues to grow with a report showing that a total of 51,561 new companies joined the Chamber from January to September 2024, reflecting a 4% year-over-year increase. This aligns with the goal of creating and supporting a favourable business environment set out by the Dubai Economic Agenda (D33).
Last year the Chamber issued over 578,000 certificates of origin, marking a 7% increase compared to the same period in 2023 while it also processed 3,259 ATA Carnets with a total value exceeding $0.5bn. The value of member exports and re-exports rose by 7% from the previous year to $61bn.
In addition, the Chamber also introduced a new ESG label to promote corporate sustainability; it organised 27 legal events attended by over 2,100 participants to enhance awareness of business laws and regulations; and the Dubai Centre for Family Businesses hosted four governance-focused sessions for 201 participants, addressing succession planning, governance strategies, and the role of women in sustaining family enterprises.
Gulf Economist Staff Writer