300 billion dirhams, the value of exports from members of the Dubai Chamber of Commerce in 2024

Dubai, January 20 / WAM / The Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of the Dubai Chambers, achieved remarkable performance during the year 2024, and the value of its members’ exports during the past year exceeded the barrier of 300 billion dirhams for the first time since the founding of the chamber, “309.6” billion dirhams, An annual growth of 9.2%.
The total number of active members of the Chamber at the end of last year reached more than 258,000, a growth of 18% compared to the year 2023, while 70,500 new companies joined the Chamber’s membership at the end of last year, a growth of 3% compared to the year 2023, which reflects the growing importance that Dubai enjoys. As a preferred investment destination for businesses.
The Dubai Chamber of Commerce succeeded in increasing the total number of active companies registered as members from 218,783 companies in 2023 to 258,318 companies by the end of 2024, with an annual growth rate of 18%.
During the year 2024, the Dubai Chamber of Commerce issued 791,115 certificates of origin, with an annual growth rate of 8%, and received 5,357 temporary entry books for goods with a total value exceeding 4.3 billion dirhams.
His Excellency Abdul Aziz Abdullah Al Ghurair, Chairman of the Board of Directors of Dubai Chambers, said that in light of the wise vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, “may God protect him,” Dubai’s leading position in the world is highlighted as a major business center and platform. Ideal for growth and expansion in all economic sectors, the emirate continues to improve the integrated environment that supports the business community.
He added that, based on the close partnership between the public and private sectors, we continue to work to enhance the growth of the national economy, and stimulate sustainable growth of the private sector by caring for the interests of the business community and building promising opportunities for investors and companies in the emirate in local and global markets.
During the year 2024, the Dubai Chamber of Commerce, in cooperation with business groups, reviewed 107 laws and draft laws with a rate of adoption of private sector recommendations amounting to 58%, while 177 meetings were held with business groups and councils, including the annual general meetings of the groups and councils, while the Chamber coordinated the organization of 27 meetings. Bringing together business groups and councils with relevant government agencies and departments.
During the past year, the Chamber established 9 new business councils representing the nationalities of investors from Greece, Poland, Mexico, Colombia, Kazakhstan, Georgia, Costa Rica, South Korea and Vietnam.
The Chamber also received 171 mediation cases during the year 2024 compared to the 141 mediation cases it received during the same period in 2023, with a growth rate of 21.3%, and 88% of the total mediation cases received by the Chamber in 2024 were settled.
Last year witnessed the graduation of the first batch of members of the Dubai Family Business Management Programme.
With the aim of advancing institutional sustainability, the Dubai Chamber of Commerce launched last year a new label dedicated to environmental, social, and governance sustainability standards, to advance institutional sustainability.
The Dubai Chamber of Commerce’s brand of environmental, social and governance sustainability standards was developed by the Chamber’s Business Ethics Center, with the aim of helping companies and institutions assess their readiness and the level of maturity of their adoption of these standards, in addition to appreciating their efforts made in this field in order to enhance sustainable growth. 27 companies have been honored since its launch.
The Sustainability Week 2024 activities, organized by the Chamber’s Business Ethics Center, attracted 526 participants from representatives of the business community, during which the focus was on anticipating the contribution of digitization and artificial intelligence in developing sustainable business practices.
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