Dubai Chamber of Commerce sees 55% membership growth

Dubai Chamber of Commerce, one of three chambers operating under Dubai Chambers, revealed that its membership increased by 55.4 per cent in April 2022.

Meanwhile, its members' exports and re-exports grew by 16.7 per cent compared to the same period last year.

As many as 3,056 new companies joined Dubai Chamber of Commerce in April, bringing the Chamber’s total membership to 300,000 companies and making it the largest chambers of commerce in the world.

The value of members’ exports and re-exports in April amounted to AED 20.2 billion, while the Chamber issued 57,704 certificates of origin, up by 8.2 per cent from the same month last year.

#Dubai Chamber of Commerce – one of three chambers operating under @DubaiChambers – revealed that its membership increased 55.4% in April 2022, while member exports and re-exports grew by 16.7%, compared to the same period last year. https://t.co/DWCuq6pGrr pic.twitter.com/biecLGphMZ

— Dubai Media Office (@DXBMediaOffice) May 23, 2022

Abdul Aziz Al Ghurair, Chairman of Dubai Chambers, said the latest figures reflect Dubai Chambers’ efforts to stimulate the business environment and boost its competitiveness.

He noted that the new Dubai Chambers structure has enabled the three chambers operating under its umbrella to adopt a more specialised and effective approach to driving Dubai’s sustainable economic growth and development, while elevating the emirate’s position as a global business hub.

Al Ghurair highlighted the crucial role played by the Chamber’s international offices in connecting global trade markets.

In April 2022, the Chamber’s international offices held more than 140 meetings with prominent investors in Africa, Latin America, Azerbaijan, India, and China, in addition to virtual meetings with high-level government officials and entrepreneurs from Russia, France, Mexico, Zimbabwe, and Switzerland, he revealed.

A 100 per cent paperless smart entity, Dubai Chamber of Commerce processed 61,145 electronic transactions in April 2022, marking a growth rate of 9.5 per cent, demonstrating Dubai’s growing appeal as a global digital capital and a leading destination for business and finance.