Money and business

11.1 billion dirhams of non -oil trade between Dubai and Uzbekistan in 2024

Dubai Chambers reported yesterday that the value of non -oil trade between Dubai and Uzbekistan amounted to about 11.1 billion dirhams, during the year 2024, with an annual growth of 66% compared to 2023, while the number of Uzbek companies registered in the membership of the Dubai Chamber of Commerce exceeded 700 by the end of 2024, an increase of 34.5% on an annual basis.

This came during the Dubai – Uzbekistan Business Forum, which was organized by Dubai Chambers, in the presence of 100 businessmen from both sides with the aim of enhancing economic cooperation, as the forum highlighted the growing presence of the Uzbek Business Society in Dubai.

In detail, the Dubai Chambers organized, yesterday, the Dubai – Uzbekistan Business Forum, with the participation of a high -level Uzbek delegation headed by the Minister of Investment, Industry and Trade in Uzbekistan, by Aziz Makdarov, and in the presence of 100 businessmen from business community representatives on both sides.

The forum was a platform to explore ways to enhance economic cooperation between the two countries, and discuss opportunities to expand bilateral trade and joint investments in the presence of a group of senior government officials, along with a number of deputies of ministers and the rulers of the main Uzbek regions, in addition to prominent personalities from the business community in Dubai and Uzbekistan.

“This visit constitutes a valuable opportunity to enhance trade relations between Dubai and Uzbekistan, which has witnessed remarkable growth in recent years,” said in a statement, adding: “We are keen to explore new ways of cooperation and investment that guarantees the economic growth of both parties, and we also look forward to helping Uzbek companies to proceed with their plans to expand internationally, to take advantage of the infrastructure with the same infrastructure Dubai’s global model, its strategic location as a gate to the various markets of the world. ” Lootah stressed the keenness of the Dubai Chambers to support the Uzbek companies to expand in Dubai, by helping them to take advantage of the competitive advantages provided by the emirate.

The forum included presentations that dealt with the business and investment environment in Dubai and Uzbekistan, and reviewed the areas of joint cooperation, including promising investment opportunities in both markets.

The value of non -oil trade between Dubai and Uzbekistan was about 11.1 billion dirhams during the year 2024, with an annual growth of 66% compared to 2023. The most prominent Uzbek exports to Dubai included precious stones, precious metals, zinc, fruits and nuts, and copper, while Dubai exports to Uzbekistan electronics, machinery, vehicles, precious stones and minerals included Third, as well as perfumes and cosmetics.

The forum highlighted the growing presence of the Uzbek Business Society in Dubai, as the number of Uzbek companies registered in the membership of the Dubai Chamber of Commerce exceeded 700 companies by the end of 2024, with an annual growth of 34.5%. This momentum continued in 2025, with more than 60 new Uzbek companies joining the room membership during the first quarter of the year, which contributed to strengthening trade relations between the two sides.

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