Dubai International Chamber opens a representative office in Colombia
DUBAI, December 12 / WAM / Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has opened a new external representative office in the Colombian capital, Bogotá, with the aim of strengthening economic relations and supporting the growth of trade and investment ties between the business communities in Dubai and Colombia.
With the opening of the new office in Bogotá, Dubai International Chamber increases the number of its external representative offices to 33.
This step comes within the framework of the “Dubai Global” initiative, which aims to establish 50 representative offices around the world by 2030, in order to contribute to consolidating Dubai’s pivotal role as a leading global business center by attracting foreign direct investments and supporting the international expansion of companies based in Dubai. In 30 new markets around the world.
The opening of the new office comes with the growth of economic relations between Dubai and Colombia, as the total volume of non-oil trade exchange reached 1.9 billion dirhams during the past year, a growth of 51.5% on an annual basis, while the total number of active Colombian companies registered as members of the Dubai Chamber of Commerce reached 131 companies by the end of the month. September of this year.
His Excellency Mohammed Ali Rashid Lootah, Director General of Dubai Chambers, said: “We are committed to expanding our global network of offices with the aim of strengthening Dubai’s trade and investment ties internationally and consolidating the emirate’s position as a preferred destination for business in all sectors, by contributing to attracting foreign direct investments to Dubai and supporting the efforts of companies operating in Dubai.” The emirate.
The Bogota office will play a vital role in supporting companies in both markets, publicizing Dubai’s competitive advantages, and sharing investment information in order to assist Colombian companies seeking to enter the Dubai market and benefit from the emirate’s position as a gateway to global expansion. It will provide Dubai-based companies planning to expand to Colombia with support. And advice.
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