Dubai Chamber of Commerce sees 20% jump in membership

The Dubai Chamber of Commerce registered a 20 per cent increase in membership in 2022.

As many as 56,000 new members joined the Chamber last year, taking the total to 347,600.

In addition, the exports and re-exports of members grew by 20 per cent, totalling AED 272.7 billion, demonstrating the resilience of Dubai’s traders and their capacity to expand their exports into new markets.

Dubai International Chamber opened four new international offices last year, growing its global network to 15 offices.

During 2022, the international offices conducted 2,031 meetings with investors, while another significant accomplishment for the Chamber was attracting five multinational corporations and 16 small and medium-sized enterprises (SMEs) to Dubai, as well as assisting nine Dubai-based companies in expanding to new global markets.

Dubai Chamber of Digital Economy conducted international outreach in collaboration with other relevant government entities, which resulted in attracting 203 tech entrepreneurs and experts as well as 54 high-potential start-ups to Dubai.

Dubai Chamber of Digital Economy was the strategic partner of North Star Dubai 2022, an event that drew 100,000 attendees from 170 countries, including 800 startups.

The event also hosted 600 investors with a portfolio of over $500 billion and 35 global unicorns which had a combined market value of $216 billion.

Dubai Chambers unveiled its accomplishments during a media briefing at its headquarters, demonstrating its diverse initiatives to support Dubai’s business community and dedication to realising its strategic goals in alignment with the city’s future development plans.

"Dubai’s economy is expected to grow by 4-4.5% in 2023, outperforming global and regional growth estimates for the year. These positive economic indicators are aligned with the Dubai Economic Agenda D33, which aims to double the size of Dubai’s economy to AED32 trillion over the next 10 years," said Abdul Aziz Al Ghurair, the Chairman of Dubai Chambers.

Dubai Chamber of Commerce adds 56,000 new members during the year. The growth in the value of its members’ exports and re-exports demonstrates the resilience of Dubai’s traders. pic.twitter.com/BKvvXtEOpM

— Dubai Media Office (@DXBMediaOffice) February 21, 2023

Dubai International Chamber opened four new international offices, attracted 5 MNCs and 16 SMEs to Dubai, and helped 9 Dubai-based companies expand globally. Dubai Chamber of Digital Economy attracted 203 tech entrepreneurs, and 54 high-potential tech start-ups. pic.twitter.com/4QXiSxyNND

— Dubai Media Office (@DXBMediaOffice) February 21, 2023