Dubai: Dubai International Chamber, one of the three chambers under Dubai Chambers, has announced the opening of a new international representative office in Dhaka. This move aims to bolster trade and investment relations between Dubai’s and Bangladesh’s business communities.
According to Emirates News Agency, the addition of the Dhaka office brings Dubai International Chamber’s network to 35 international representative offices. This expansion aligns with the ‘Dubai Global’ initiative, which plans to establish 50 such offices by 2030. The initiative seeks to enhance Dubai’s status as a global business hub by attracting foreign direct investment and aiding local companies in expanding into 30 key markets globally.
The new office was inaugurated at a ceremony in Dhaka attended by Abdulla Ali Abdulla Alhmoudi, UAE Ambassador to Bangladesh, along with notable representatives from the Bangladeshi business community. This development occurs amid increasing economic cooperation between Dubai and Bangladesh, with non-oil trade reaching AED6.3 billion in 2024, marking a 9% growth from the previous year.
The interest in business collaboration is evident in the number of active Bangladeshi companies registered with Dubai Chamber of Commerce, totaling 9,094 by the end of Q1 2025. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, emphasized that Bangladesh is a promising market for Dubai-based companies. He noted that the new office in Dhaka is a significant step in strengthening the economic partnership and facilitating trade relations.
The Dhaka office will enhance engagement with Bangladesh’s business community and build relationships with key stakeholders. It aims to promote Dubai’s advantages as a global business destination and provide vital investment information to assist Bangladeshi companies in entering the Dubai market. Additionally, the office will support Dubai-based companies in expanding into Bangladesh by offering market intelligence, identifying opportunities, and connecting them with potential partners.
