55% growth in the number of new members in the Dubai Chamber of Commerce and the total number of members exceeds 300 000 companies

The restructuring and formation of Dubai Chambers has contributed to the united efforts to promote foreign trade and attract investment

Abdul Aziz Al Ghurair:

– 16.7% growth in exports and re-exports of members last April, with a total value of 20.2 billion dirhams, and our foreign trade achieves sustainable growth

Statistics for the month of April reflect the efforts of the Dubai Chambers to stimulate the business environment and improve its competitiveness, and the Chambers are a strategic and effective partner in achieving the goals of comprehensive economic development

– Exceptional efforts of Dubai Chambers to achieve the vision of wise leadership and the goals of the Dubai Foreign Trade Plan announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum to increase Dubai’s trade to 2 trillion dirhams by 2026

Growth indicators are a clear indication of Dubai’s position as a global trading hub and a leading capital for competitiveness, finance and business

– More than 81 billion dirhams’ exports and re-exports of members during the period January-April 2022, and we are committed to improving the competitiveness of our traders in foreign markets

Dubai: In a clear translation of the impact of the establishment of Dubai Chambers and restructuring on efforts to promote foreign trade and attract investment, the Dubai Chamber of Commerce, one of the three chambers under the Dubai Chambers umbrella, has noted remarkable growth rates in its operational activities disclosed. during April 2022 compared to the same period last year. It recorded a growth in the number of new members, and the exports and re-exports of its members by 2 per cent.

55.4% and 16.7% respectively, reflecting a remarkable and sustainable growth in the economic activity of the Emirate of Dubai, and the House’s efforts to stimulate growth and support the business environment.

The Dubai Chamber of Commerce pointed out that the number of new members joining the Chamber last April was 3,056 new members, a growth rate of 55.4% compared to April 2021, which at that time was 1,967 new members , which increases the total. number of members of the Chamber to more than 300 000 companies, and consolidates The Chamber’s position as one of the largest organic chambers of commerce in the region and the world.

The Dubai Chamber of Commerce revealed that the value of members’ exports and re-exports in April 2022 amounted to 20.2 billion dirhams, with a growth rate of 16.7% compared to its value in April 2021, which 17.3 billion dirhams at the time, while the number of certificates of origin issued by the Chamber in April this year reached 57,704 Certificates, with a growth of 8.2% compared to April of the year 2021.

The growth rates in members’ exports and certificates of origin indicate the sustainable growth seen by the Chamber’s operations and its positive impact on the economic landscape of the Dubai Emirate, and the capacity of the local business community and its active role in leading the economic recovery phase in it, in addition to the impact of the Dubai Chamber restructuring on economic activity in the Emirates.

The Dubai Chamber of Commerce, considered a 100% paperless smart room, saw a remarkable growth in the number of electronic transactions, which reached 61,145 electronic transactions last April, with a growth rate of 9.5%, which confirms the growing attractiveness of Dubai. as a global digital capital and a leading destination in the world of business and finance.

His Excellency Abdulaziz Al Ghurair, Chairman of the Board of Directors of Dubai Chambers, emphasized that last April’s statistics reflect the efforts of Dubai Chambers to stimulate the business environment and improve its competitiveness, considering the Chambers as a strategic and effective partner in achieving the goals of comprehensive economic development in the emirate in line with the guidelines and vision of the rational leadership in this regard.The field, which indicates that the growth indicators reflect this confidence that Dubai enjoys among the regional and global business communities, and its core. role in leading the process of economic recovery in the post-war era.

The pandemic, in addition to the impact of unifying efforts under the umbrella of Dubai Chambers, which has played a key role in improving the competitiveness of the business environment.

His Excellency pointed out, “Dubai’s position and its global commercial presence as a hub connecting economic decision-makers, investors and experts, reflects the leading role that the Emirate of Dubai plays in providing the appropriate trade and investment climate to drive business growth. stimulate and development, as the Dubai Chamber of Commerce constantly strives to promote the Emirate of Dubai. ” as a global commercial, economic and digital destination. “

His Excellency added: “With the exports and re-exports of members who achieved a total growth of 12.6% during the first four months of this year (January-April 2022) and a value of 81.3 billion dirhams compared to the same period in 2021, these figures show the exceptional efforts of Dubai Chambers in achieving the vision of rational leadership and the objectives of the Dubai Foreign Trade Plan announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President of the UAE , Prime Minister and Ruler of Dubai, “May God protect him”, to increase Dubai’s trade to 2 billion dirhams by 2026.

Al Ghurair pointed to the role that the Chamber’s representative external offices played in linking global trading markets and consolidating Dubai’s position in the development of the global trading system. During the month of April, the Chamber’s external offices held more than 140 meetings with the most prominent investors in Africa, Latin America, Azerbaijan, India and China. Switzerland included, to attract investors and investors to the Emirate of Dubai, and improve the competitiveness of Dubai’s traders in foreign markets.

The Dubai Chamber of Commerce emphasizes the continuation of efforts to improve the business situation in Dubai, the competitiveness of the commercial sector and the ease of doing business.

It is noteworthy that the Dubai Chamber of Commerce recently achieved an exceptional achievement by winning first place in the Dubai Government Customer Happiness Index for the year 2021, as it has an integrated system of smart and electronic services that exceeds 50 electronic and smart reach. services, which cover all the needs and requirements of the business community, and enable investors to: Complete all their transactions remotely with ease and in accordance with the highest international standards and practices.

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For editors:

Under a decree issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and ruler of Dubai, to establish three chambers under the umbrella of Dubai Chambers, the Dubai Chamber of Commerce, established in 1965 , and is considered one of the three chambers, continues to perform its functions of representing Support and protection of the interests of the business community in Dubai, by creating a stimulating environment for business in Dubai, supporting business growth and to promote the emirate as a global business hub. .

Please visit our website www.dubaichamber.com

Follow the Dubai Chamber of Commerce on the following links:

www.facebook.com/dubaichamber www.twitter.com/dubaichamber http://www.linkedin.com/company/dubai-chamber-of-commerce-&-industry/ www.youtube.com/DubaiChamberTV www.instagram.com / dubaichamber For more information, please contact: Ruba Abdul Halim, Director of Public Relations and Corporate Communications – Dubai Chamber of Commerce Tel: + 971-4-2028450 Email: ruba.halim@dubaichamber.com

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