Chamber attracted 9 MNCs with Dhs304b combined value in 2023 – Gulf Today

Chamber attracted 9 MNCs with Dhs304b combined value in 2023 – Gulf Today

Omar Sultan Al Olama speaks during an event in Dubai. File/WAM

Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that the combined market value of the nine multinational companies (MNCs) it successfully attracted to Dubai last year exceeds Dhs304 billion ($82.84 billion).

The impressive figure reflects the emirate’s growing appeal as a preferred investment hub for innovative technology companies and underlines the chamber’s commitment to strengthening Dubai’s digital economy in line with the goals of the Dubai Economic Agenda (D33).

The chamber attracted a diverse range of specialised multinational digital businesses to Dubai in 2023. The nine companies’ activities span various fields including cybersecurity, mobility technology, health and fitness technologies, new energy-based vehicles, robotics, autonomous systems, e-commerce, the automotive industry, legal services, and cryptocurrencies.

Underlining the promising global opportunities available within Dubai’s digital economy, the chamber attracted three digital companies from Asia, three from Europe, two from the USA, and one from Latin America.

Omar Bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications and Chairman of Dubai Chamber of Digital Economy, said that attracting these types of multinational companies is an achievement added to