Dubai Chamber attracts five MNCs and 20 SMEs in Q1 2023

Dubai Chamber attracts five MNCs and 20 SMEs in Q1 2023

Dubai International Chamber, one of the three chambers operating under Dubai Chambers, has attracted five Multinational Corporations (MNCs) and 20 Small and Medium-sized Enterprises (SMEs) during Q1 2023 alone. This exceeds the total numbers attracted throughout the whole of 2022.

In addition, the chamber also supported the expansion of seven local and national companies into foreign markets by helping them increase their exports or establish a presence abroad.

The Chamber also opened a new representative office in Hong Kong, bringing the total number of its international offices to 16 by the end of Q1 2023 with a presence in Africa, Latin America, Eurasia, India, China, and the Middle East. The opening of these offices comes as part of the Dubai Global initiative, which was launched by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council of Dubai, and is led by Dubai International Chamber. The initiative aims to establish a powerful network of 50 commercial representative offices for Dubai across five continents by 2030.

Vital role

Sultan Ahmed bin Sulayem, Chairman of Dubai International Chamber, highlighted the vital role the Chamber plays in consolidating Dubai’s position as a global destination for foreign direct investments and