Dubai: Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has announced details of its key achievements during the first nine months of 2024. The chamber’s notable milestones reflect its success in enhancing the emirate’s favourable business environment, driving economic growth, and contributing to the goals of the Dubai Economic Agenda (D33).
According to Emirates News Agency, a total of 51,561 new companies joined as members of the chamber during the first nine months of 2024, representing year-over-year (YoY) growth of 4% compared to the same period last year. The figures reflect Dubai’s increasing appeal among regional and global investors.
The value of members’ exports and re-exports during Q1-Q3 2024 reached AED 224 billion, representing YoY growth of 7%. A total of 578,268 certificates of origin were issued during the nine-month period, also reflecting YoY growth of 7%. In addition, 3,259 ATA Carnets were issued and received for goods with a combined
value of more than AED 2 billion.
Abdul Aziz Abdulla Al Ghurair, Chairman of Dubai Chambers, commented on the milestones achieved by the chamber. He emphasized the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, in cementing Dubai’s position as a leading global hub for trade and investments. He highlighted the chamber’s commitment to supporting Dubai’s sustainable economic development journey in collaboration with public and private sector partners.
Dubai Chamber of Commerce reviewed 154 laws and draft laws in cooperation with Business Groups during Q1-Q3 2024, with the resulting recommendations achieving an adoption rate of 46%. A total of 146 meetings were held with Business Groups and Business Councils during this period, including Annual General meetings. The chamber also facilitated 69 meetings between Business Groups and Councils and key government entities and established seven new Business Councils representing the intere
sts of investors from Costa Rica, Greece, Poland, Mexico, Colombia, Kazakhstan, and Georgia.
The chamber’s efforts to raise awareness among companies regarding updates on business-related laws and regulations included organizing 27 legal events during the first nine months of 2024. These events were attended by 2,111 representatives from private sector companies across various industries, aiming to ensure compliance with regulations governing the business landscape and promote the adoption of best practices.
