Dubai Chambers looking to expand roles of business councils
New country-specific councils to help boost non-oil foreign trade
Dubai Chambers has unveiled plans to establish new country-specific business councils operating in Dubai and expand their roles to support ongoing efforts to boost the emirate’s non-oil foreign trade. The business councils will also create new channels of economic cooperation between business communities in the emirate and promising markets.
The announcement was made by Abdul Aziz Al Ghurair, Chairman of Dubai Chambers, who addressed more than 150 ambassadors, consul generals and commercial attachés at the Diplomatic Circle Dinner 2022.
Al Ghurair also called on ambassadors and members of the diplomatic community in the UAE to offer their support in establishing several new business councils.
“We are putting a new comprehensive framework into place that will restructure and expand the role of business councils in Dubai to boost its foreign trade and promote cross-border business opportunities for member companies. These councils will cover markets of strategic importance to Dubai and support us as we further expand our presence across Africa, Latin America and the Middle East and attract more companies and investment from these regions,” said Al Ghurair.
Leveraging the opportunity
Al Ghurair encouraged existing business councils to leverage Dubai International Chamber’s vast network of international offices to their benefit, operate more effectively and provide their members access to attractive growth opportunities in the UAE and abroad.
Juma Mohammed Al Kait, Assistant Undersecretary for International Trade Sector - UAE Ministry of Economy, elaborated on the UAE’s strategic plans to enhance the regulatory environment, open new export markets, adopt advanced technologies and ensure an ideal ecosystem for talent and entrepreneurs.
These councils will cover markets of strategic importance to Dubai and support us as we further expand our presence across Africa, Latin America and the Middle East.”
Abdul Aziz Al Ghurair | Chairman of Dubai Chambers