55% growth in the number of new members at the Dubai Chamber of Commerce and the total number of members exceeds 300,000 companies

The restructuring and formation of Dubai Chambers has helped unify efforts to promote foreign trade and attract investment

Abdul Aziz Al Ghurair:

– 16.7% growth in members’ exports and re-exports last April, for a total value of 20.2 billion dirhams, and our foreign trade is experiencing sustainable growth

– Statistics for the month of April reflect Dubai Chambers’ efforts to boost the business environment and improve its competitiveness, and Chambers is a strategic and effective partner in achieving overall economic development goals

– Exceptional efforts by Dubai Chambers in realizing the vision of wise leadership and objectives of the Dubai Foreign Trade Plan announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum to boost Dubai’s trade to MAD 2 trillion here 2026

Growth indicators clearly indicate Dubai’s position as a global trading hub and a leading competitive, financial and business capital

– More than 81 billion dirhams of exports and re-exports of members during the period January-April 2022, and we are committed to strengthening the competitiveness of our traders in foreign markets

Dubai: In a clear translation of the impact of the formation of the Dubai Chambers and restructuring on efforts to promote foreign trade and attract investment, the Dubai Chamber of Commerce, one of three chambers under the umbrella of Dubai Chambers, has revealed remarkable growth rates in its operational operations. during the month of April 2022 compared to the same period last year. It recorded a growth in the number of its new members, and in the exports and re-exports of its members of 2 percent

55.4% and 16.7% respectively, reflecting remarkable and sustained growth in economic activity in the Emirate of Dubai, and the Chamber’s efforts to drive growth and support the business environment.

The Dubai Chamber of Commerce pointed out that the number of new members who joined the Chamber last April stood at 3,056 new members, a growth rate of 55.4% compared to April 2021, which stood at 1,967 new members at the time, bringing the Chamber’s total membership to over 300,000 businesses, and solidifying the Chamber’s position as one of the largest organic chambers of commerce in the region and of the world.

The Dubai Chamber of Commerce revealed that the value of members’ exports and re-exports in April 2022 amounted to 20.2 billion dirhams, with a growth rate of 16.7% compared to its value in April 2021, which amounted to 17.3 billion dirhams at the time, while the number of certificates of origin issued by the Chamber in April this year reached 57,704 certificates, with a growth of 8.2% compared to compared to April of the year 2021.

The growth rates of member exports and certificates of origin indicate the sustained growth seen by the Chamber’s operations and its positive impact on the economic landscape of the Emirate of Dubai, as well as the capacity of the business community. community and its active role in steering the economy’s recovery phase, in addition to the impact of the restructuring of the Dubai Chamber on the economic activity of the emirate.

The Dubai Chamber of Commerce, which is considered a 100% paperless smart hall, has seen a remarkable growth in the number of electronic transactions, which reached 61,145 electronic transactions last April, with a growth rate of 9.5 %, which confirms the growing attractiveness of Dubai. as the world’s digital capital and a leading destination for business and finance.

His Excellency Abdulaziz Al Ghurair, Chairman of the Board of Dubai Chambers, pointed out that the statistics from last April reflect Dubai Chambers’ efforts to boost the business environment and improve its competitiveness, viewing the chambers as a strategic partner and effective in achieving the goals of overall economic development in the emirate in accordance with the guidelines and vision of sound leadership in this regard. The domain, pointing out that the growth indicators reflect this trust that Dubai enjoys among the regional and global business communities, and its central role played a leading role in the post-war economic recovery process.

The pandemic, in addition to the impact of unified efforts under the umbrella of Dubai Chambers, which have played a key role in improving the competitiveness of the business environment.

His Excellency underlined that “Dubai’s position and global commercial presence as a hub that connects economic decision makers, investors and experts, reflects the leading role that the Emirate of Dubai enjoys in providing the climate for appropriate trade and investment that stimulates business growth and development, as the Dubai Chamber of Commerce constantly seeks to promote the Emirate of Dubai “as a global business, economic and digital destination”.

His Excellency added, “With member exports and re-exports achieving a total growth of 12.6% in the first four months of this year (January-April 2022) and worth 81.3 billion dirhams compared at the same period in 2021, these figures show the exceptional efforts of the Dubai Chambers in achieving the vision of rational leadership and the objectives of the Dubai foreign trade plan announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President of the United Arab Emirates, Prime Minister and Ruler of Dubai, “may God protect him”, to increase Dubai’s trade to 2,000 billion dirhams by 2026.

Al Ghurair highlighted the role played by the Chamber’s representative field offices in linking global trading markets and consolidating Dubai’s position in the development of the global trading system. During the month of April, the Chamber’s field offices held more than 140 meetings with the most important investors. in Africa, Latin America, Azerbaijan, India and China In addition to virtual meetings attended by senior officials and entrepreneurs from Russia, France, Mexico, Zimbabwe and Switzerland, to attract investment and investors in the emirate of Dubai, and improve the competitiveness of Dubai traders in foreign markets.

The Dubai Chamber of Commerce highlights continued efforts to improve the business situation in Dubai, enhance the competitiveness of the business sector and the ease of doing business globally.

It should be noted that the Dubai Chamber of Commerce has recently made an outstanding achievement by winning first place in the Government of Dubai’s Customer Satisfaction Index for the year 2021, as it has an integrated system of services intelligent and electronic services which reaches more than 50 electronic and intelligent services. services that cover all the needs and requirements of the business community and allow investors to: Carry out all their operations remotely with ease and in compliance with the best international standards and practices.

#government data

– is finished –

For publishers:

Under a decree issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai, to establish three chambers under the umbrella of Dubai Chambers, the Chamber of Commerce of Dubai, which was established in 1965, and is considered one of the three chambers, continues to carry out its representative functions Supporting and protecting the interests of the business community in Dubai, by creating a stimulating environment for business in Dubai, supporting business growth and promoting the emirate as a global trading hub.

Please visit our website www.dubaichamber.com

Follow the Dubai Chamber of Commerce on the following e-links:

www.facebook.com/dubaichamber www.twitter.com/dubaichamber http://www.linkedin.com/company/dubai-chamber-of-commerce-&-industry/ www.youtube.com/DubaiChamberTV www.instagram.com /dubaichamber For more information, please contact: Ruba Abdul Halim, Director of Public Relations and Corporate Communications – Dubai Chamber of Commerce Tel. : +971-4-2028450 Email: ruba.halim@dubaichamber.com

Leave a Comment