Dubai International Chamber boosts emirate’s 2023 FDI

Dubai International Chamber, one of many three chambers working below Dubai Chambers, has attracted a complete of 92 companies, together with 15 multinational firms and 77 SMEs, to the emirate between January and September 2023.

It has additionally supported the profitable growth of 33 Dubai-based firms into world markets, both by rising their exports or serving to them to ascertain a presence overseas.

Strengthening its presence throughout Europe and Southeast Asia, the Chamber launched three new worldwide consultant workplaces throughout Q3 2023 in Ho Chi Minh City, Vietnam; Milan, Italy; and Paris, France.

They will play a key position in attracting overseas firms, SMEs, traders, and worldwide expertise to Dubai, in addition to supporting the worldwide growth of Dubai-based firms.

It additionally launched 9 new abroad consultant workplaces through the first 9 months of this yr, putting it firmly on observe to realize the Dubai Global initiative’s goal of building 50 workplaces by 2030.

Earlier within the yr, the New Horizons initiative was launched to assist the growth of Dubai-based firms in worldwide markets. 

It permits firms to affix worldwide roadshows to achieve first-hand expertise in focused markets and take part in bilateral enterprise conferences to discover potential funding alternatives and financial partnerships. 

Four commerce missions have been organised between Q1 and Q3 2023 encompassing roadshows in Central Asia (Uzbekistan, Kazakhstan, and Kyrgyzstan); London,  Johannesburg, and Hong Kong.

Another key initiative is the Global Expansion Series which is designed to assist the worldwide progress of native firms and strengthen their growth into world markets. By the top of Q3 2023, the chamber had efficiently organised two occasions as a part of this initiative, which attracted the participation of greater than 100 firms.

The chamber is concentrating on 30 worldwide markets of strategic significance by its rising community of worldwide consultant workplaces.

Sultan Ahmed bin Sulayem, Chairman of Dubai International Chamber, mentioned, “The chamber remains committed to boosting trade and investment as part of our ongoing drive to achieve the goals outlined in the Dubai Economic Agenda (D33), which aims to double the size of the emirate’s economy by 2033.”