Dubai International Chamber advisory board strategizes to tap into global investment opportunities
The advisory board of the recently-formed Dubai International Chamber, one of the three chambers under the umbrella of Dubai Chambers, outlined new priorities and targets for attracting 50 multinational companies to Dubai, supporting 100 Dubai-based companies with international expansion over the next two years, as well as encouraging multinational companies to list on the Dubai Financial Market. This first meeting of the new Chamber’s advisory board was held at Expo 2020 Dubai.
The Chamber has identified 30 target markets where it sees the most potential to boost Dubai's foreign trade. Advisory board members discussed the possibility of opening two additional Dubai Chamber international offices in South Asia and North Africa and organising roadshows to various markets in priority markets.
His Excellency Sultan bin Sulayem, Chairman of the Board of Directors of Dubai International Chamber, stated that the new Dubai International Chamber is committed to implementing the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to strengthen Dubai's position as a preferred trade and investment market in the global arena. He noted that Dubai International Chamber will outline future steps in supporting foreign trade, attracting multinational companies and helping companies expand abroad.
In addition, HE Bin Sulayem stressed the importance of supply chains in facilitating and boosting Dubai’s foreign trade plans, and highlighted the need to harness the potential of companies in this sector and enhance the emirate’s position as a global trade hub.
H.E. Hamad Buamim, President & CEO, of Dubai Chamber, noted that the Chamber is well positioned to tap into new trade and investment opportunities emerging across the 30 target markets as it maintains a strong global presence through its 11 representative offices located across Africa, Eurasia and Latin America. He elaborated on new ways the Chamber can utilise these offices to help Dubai-based companies expand their businesses beyond borders and attract leading multinational companies from around the world.