Chamber launches initiatives
Industry body urges business community in Dubai to use investment opportunities
As part of its commitment to create new business networking opportunities for its vast network of stakeholders, the Dubai Chamber of Commerce and Industry recently hosted a business networking at the Dubai World Trade Centre.
The business networking which accredited Dubai’s growth to the privatepublic sector partnership, was attended by Abdul Rahman Saif Al Ghurair, chairman, and Hamad Bu Amim, director general, Dubai Chamber, as well as heads of business councils, and a host of VIP guests from the business community in Dubai.
In his welcome address, Al Ghurair informed the gathering about Dubai Chamber’s commitment to enhancing the economic growth of Dubai by supporting business communities through new initiatives such as reaching out to key emerging markets, and opening of the first overseas representative offices in Azerbaijan and Ethiopia by year-end, which will soon be followed by 20 similar offices worldwide.
Referring to Dubai Chamber data for the first half of 2012, Al Ghurair said that these figures indicate that Dubai is continuing to make good economic progress as 6,780 new members, in comparison to 5,233 in the first half of 2011, took the Chamber’s total membership to 135,000, a 30 per cent growth.
“In July, our members’ exports and re-exports valued at Dh24.4 billion recorded a 16.4 per cent year-on-year growth and 7.6 per cent month-onmonth growth in comparison to 2011 as 5,254 exporters despatched goods to 170 markets of the world,” he said.
He added that the Dubai Chamber issued 68,000 certificates of origin in July, an 8.7 per cent increase over July 2011.
Al Ghurair also highlighted the Dubai Chamber’s participation in 32 events around the world, in 24 cities and in 19 countries, including delegations to the Consumer Electronics Show in Las Vegas, Surat in India, and Ethiopia in Africa.
“There is more on the horizon as we are preparing to take further trade missions to key markets like Azerbaijan to discuss the opening of our satellite office and efforts to increase trade and investment ties with Central Asia and the Caucasus,” he said.
The chairman of the Dubai Chamber called upon Dubai’s business community to benefit from the investment opportunities offered by the emirate’s leading economic sectors, especially the trade sector.