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Dubai Chamber of Commerce members' exports, re-exports surge to AED 210 billion

DUBAI: Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has achieved significant growth in memberships during 2023. A total of 48,616 new member companies registered between January and September this year, representing an impressive year-over-year (YoY) increase of 42.9% compared to the 34,029 that joined during the corresponding period in 2022.The strong growth underlines Dubai’s attractiveness among both companies and investors, as well as the emirate’s growing reputation as a leading global business destination. This was also reflected in the total value of exports and re-exports of member companies, which reached a total of AED 210 billion with 544,538 certificates of origin issued from Q1 - Q3 2023.In addition, 3,209 ATA Carnets were issued and received for goods and commodities with a combined value of AED 3.3 billion during the nine-month period, compared to 2,919 ATA Carnets with a value of around AED 1.5 billion during Q1 - Q3 2022. The value of ATA Carnets received recorded a remarkable YoY growth of 123.6%.Commenting on the chamber’s strong performance, Abdul Aziz Abdulla Al Ghurair, Chairman of Dubai Chambers, said: “I am delighted to see Dubai Chamber of Commerce making headway in improving Dubai’s favourable business environment, enhancing its advocacy efforts, and supporting our members to thrive while driving the export and re-export market. We are the voice of the business community in Dubai and remain committed to empowering our members to contribute towards achieving the emirate’s growth ambitions. We will continue to work in tandem with the government as we advance on our journey towards the objectives of the Dubai Economic Agenda (D33).”As part of its continuous efforts to support the interests of the business community, Dubai Chamber of Commerce reviewed a total of 94 draft laws in cooperation with Business Groups during the first nine months of the year. The number of mediation cases received by the chamber reached 103.The chamber’s Business Relations Department arranged over 180 meetings with representatives from Business Groups and Councils between January and September, including 20 advocacy sessions aimed at shaping Dubai’s favourable business environment. The department also successfully organised 41 Annual General Assembly events for Business Groups and Councils. More than 2,100 attendees benefited from 24 workshops, events, and webinars organised by the department. In addition, a total of 103 meetings were held with key stakeholders and partners to explore opportunities to serve the business community.As part of its efforts to achieve its strategic priority of improving the business environment in the emirate, Dubai Chamber of Commerce also launched the ‘Business Sectors Platform,’ which offers an innovative package of services designed to empower Business Groups and Business Councils and enhance the effectiveness and efficiency of their activities.The Dubai Centre for Family Business, which was established in May with the goal of ensuring the growth and sustainability of family businesses in the emirate, has successfully launched a number of programmes and initiatives. By the end of Q3 2023, the centre had completed 30 family visits and rolled out two educational certification programmes for family members and advisors. A total of 18 advisors enrolled in the Family Business Advisory certification programme during this period. The centre also concluded two sessions in its Governance Series programme with the participation of 62 family business representatives. In addition, the centre recorded more than 450 downloads of education toolkits and publications between May and the end of September.Dubai Chamber of Commerce seeks to facilitate and improve the ease of doing business in the emirate, while delivering value-added services and serving as a bridge between Dubai’s dynamic business community and the government. A total of 46 country-specific Business Councils and 105 sector-specific Business Groups currently operate under the chamber’s umbrella.
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Dubai Chambers unveils Dubai Business Forum

Dubai: Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Dubai Chambers has announced the launch of the Dubai Business Forum. The prestigious event will be hosted at the city’s Madinat Jumeirah from 1–2 November 2023 under the theme ‘Shifting Economic Power: Dubai and the Future of Global Trade.’ Powered by Dubai Chambers, the transformational two-day forum will bring together key public and private sector stakeholders from across the globe to forge partnerships, cultivate international networks, and unlock a world of opportunities. Previously known as the Global Business Forum (GBF), the Dubai Business Forum is set to play an instrumental role in achieving the objectives of the Dubai Economic Agenda (D33). Announced in January 2023 by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, D33’s ambitious blueprint features 100 projects aimed at doubling the size of Dubai’s economy over the coming decade and consolidating the emirate’s position among the top three global cities worldwide. With Dubai leading the world across a wide range of industries, and particularly in future-facing sectors, the forum will gather visionary Heads of State, government officials, global business leaders, and major international investors to redefine the rules of success. The event is set to bring together leaders from sectors including technology, retail, finance, travel and hospitality, real estate, and healthcare to participate in insightful discussions on transforming business for the future. Commenting on the launch of the forum, His Excellency Abdul Aziz Abdulla Al Ghurair, Chairman of Dubai Chambers, said: “Shaping the future requires concerted efforts, and we remain fully dedicated to enhancing the competitiveness of Dubai’s economy in line with the vision of the emirate’s wise leadership. The launch of the Dubai Business Forum underlines our commitment to facilitating opportunities for business growth and investment in the emirate and beyond while paving the way for businesses to leverage the opportunities of Dubai's ambitious D33 economic agenda.” His Excellency added: “This prestigious event will serve as a catalyst for change by creating an unrivalled platform for networking and deal-making that will empower business leaders from across the globe and reinforce Dubai's position at the heart of the global economy. We look forward to hosting insightful sessions that will unlock new opportunities for growth in trade and investment and transform the future of business.” Dubai’s strategic location as a global gateway for business and international trade positions it as the ideal venue to host an event of this significance. Recognised as one of the world’s leading centres for innovation and partnerships, the emirate serves as a commercial bridge connecting continents that drives economic growth and global collaboration. The Dubai Business Forum creates a dynamic platform that will boost engagement with key stakeholders and accelerate the growth of trade and investments. The event is aligned with Dubai Chambers' strategic objectives of attracting international business and investments to the emirate, supporting the global expansion of Dubai-based companies in targeted markets, and further enhancing Dubai’s favourable business environment.