Dubai International Chamber Attracts 39 Multinational Companies in Q1-Q3 2024

Dubai International Chamber Attracts 39 Multinational Companies in Q1-Q3 2024

  • Sultan Ahmed bin Sulayem: “Our international offices highlight Dubai’s immense opportunities for global businesses.”
  • 117% YoY Growth in MNCs attracted; 241% YoY Growth in local company expansions globally.

Dubai, UAEDubai International Chamber, under Dubai Chambers, reported significant achievements in the first nine months of 2024. The chamber has been instrumental in attracting foreign direct investment and supporting local companies’ global expansion, aligning with the goals of the Dubai Economic Agenda (D33).

Key Achievements (Q1-Q3 2024):

  • 157 Companies Attracted: Including 39 multinational corporations (117% YoY growth) and 118 SMEs (57% YoY growth).
  • 75 Local Companies Supported: Expanded into new markets, marking a 241% increase over the same period in 2023.

Sultan Ahmed bin Sulayem, Chairman of Dubai International Chamber, highlighted the chamber’s dedication to positioning Dubai as a premier global investment destination:
“Our network of international offices empowers companies to leverage Dubai’s competitive advantages and access emerging markets.”

The chamber also organized two trade missions to Southeast Asia and West Africa under the ‘New Horizons’ initiative, facilitating:

  • 830+ Bilateral Meetings: Between Dubai-based and international companies.
  • MoUs Signed: Strengthening ties with key organizations in Senegal and Morocco.

The results showcase Dubai’s growing influence as a global business hub and its strategic efforts to foster international partnerships and economic growth.

Be the First to Know

Welcome to Business News! It’s nice to meet you.

Sign up to receive the latest economic news in your inbox, every day.

We don’t spam! Read our privacy policy for more info.

Share