Dubai Chamber welcomes 50 SMEs to Dubai in H1 2023

Dubai Chamber welcomes 50 SMEs to Dubai in H1 2023

Image courtesy: WAM

Dubai International Chamber, one of the three chambers operating under Dubai Chambers, attracted 56 businesses to the emirate in H1 2023, including six multinational corporations and 50 small and medium-sized enterprises (SMEs).

The chamber also supported the expansion of 15 local and national companies into global markets in the first six months of 2023, either by increasing their exports or helping them to establish a presence abroad.

The trade organisation intensified its efforts to support locally-based companies in their plans for global expansion with the launch of the ‘New Horizons’ initiative.

The initiative is aimed at identifying and capitalising on partnership opportunities.

“We remain committed to achieving our strategic priorities of attracting foreign direct investment to Dubai and supporting our members’ trade and expansion into international markets,” said Sultan Ahmed bin Sulayem, chairman of Dubai International Chamber.

“Dubai International Chamber is working to consolidate the emirate’s position as a leading global hub for business and investments in accordance with the vision of the wise leadership.”

The New Horizons initiative arranges specialised trade missions that enable Dubai-based companies to visit targeted global markets.

Participants in these roadshows can explore investment opportunities and prospects for joint economic partnerships through a series of pre-arranged events and business meetings.

The