Dubai Chamber of Commerce, one of many three chambers below Dubai Chambers, has shared its main accomplishments for the primary 9 months of 2024. These achievements spotlight the chamber’s function in bettering Dubai’s enterprise atmosphere, boosting economic growth, and advancing the aims of the Dubai Economic Agenda (D33).
During this era, 51,561 new firms grew to become members of the chamber, marking a 4% year-over-year (YoY) improve. This development underscores Dubai’s rising enchantment to regional and international buyers.
The worth of member exports and re-exports for Q1-Q3 2024 reached AED 224 billion, reflecting a 7% YoY development. The chamber issued 578,268 certificates of origin in the identical interval, additionally exhibiting a 7% YoY improve. Additionally, 3,259 ATA Carnets had been issued and acquired for items valued at over AED 2 billion.
The chamber reviewed 154 legal guidelines and draft legal guidelines in collaboration with Business Groups, with 46% of its suggestions adopted. It held 146 conferences with Business Groups and Councils, together with Annual General Meetings, and facilitated 69 interactions between these teams and key authorities entities. Seven new Business Councils had been established, representing buyers from Costa Rica, Greece, Poland, Mexico, Colombia, Kazakhstan, and Georgia.
In its mediation efforts, the chamber dealt with 131 circumstances in Q1-Q3 2024, a 27% improve in comparison with the identical interval in 2023.
To maintain companies knowledgeable about authorized developments, Dubai Chamber of Commerce organized 27 authorized occasions. These occasions attracted 2,111 attendees from varied industries, specializing in compliance and the adoption of finest practices.
The chamber’s work continues to assist Dubai’s development as a world hub for commerce and funding whereas enhancing its status as a business-friendly vacation spot.