Dubai Chambers announces the opening of its first office in the United States

New York, November 13 / WAM / Dubai Chambers announced the opening of its first representative office in the United States of America, based in New York, during the activities of the Dubai Business Forum – USA, which it organized in New York yesterday, in the presence of the largest external business delegation led by Dubai Chambers, which included more than 80 officials from leaders of the government and private sectors in Dubai, in addition to 700 senior businessmen, investors and officials participating in the forum’s activities.

The new representative office joins the network of offices of the Dubai International Chamber, one of the three chambers operating under the umbrella of the Dubai Chambers, as it will work to strengthen economic relations and explore ways to increase trade and investment cooperation between Dubai and the United States. It will also provide full support to American companies seeking to establish their businesses in the emirate and expand from them to regional and global markets, in conjunction with supporting Dubai companies in their expansion plans in the United States.

Under the slogan “Opportunities to stimulate shared growth,” the forum, which was organized by the Dubai Chambers in cooperation with the United States Chamber of Commerce and the US-UAE Business Council as supporting partners, witnessed 14 dialogue sessions with the participation of 32 speakers, where the discussion revolved around the prospects for partnerships between the business communities in Dubai and the United States, and the exceptional investment opportunities that Dubai’s D33 Economic Agenda abounds for American companies and investors in all sectors.

The forum sessions discussed the diversity and flexibility of Dubai’s economy, while reviewing the momentum witnessed by all vital sectors in the emirate. They also highlighted the wide and diverse investment opportunities that Dubai offers to American investors, in addition to the competitive advantages that are unique to the emirate, which enhance its attractiveness as a global center for business and investment.

Fruitful cooperation and mutual trust

His Excellency Engineer Sultan bin Saeed Al Mansouri, Chairman of the Board of Directors of Dubai Chambers, said during his opening speech at the forum that Dubai and the United States enjoy well-established economic and trade relations built over decades of fruitful cooperation and mutual trust. It is also considered a major strategic partner for Dubai, as it ranked fourth on the list of the emirate’s largest trade partners in 2024, and the value of non-oil trade between the two sides in the same year amounted to about 116.4 billion. dirham, recording an annual growth of 10%, which embodies the continued positive development in intra-regional trade.

He added that, in a vital indicator of Dubai’s growing attractiveness to the American business community, 787 new American companies joined the Dubai Chamber of Commerce during the first nine months of this year, bringing the total number of active American companies registered in the Chamber’s membership to 3,690 companies at the end of last September, while Dubai attracted direct foreign investment from the United States worth 79.6 billion dirhams during the period 2015 – 2024, while the United States ranked first among the list of countries exporting foreign direct investment to Dubai during the half term. The first of 2025, accounting for 35% of the total investment flows to the emirate.

His Excellency explained that the opening of the Dubai International Chamber office in New York and the organization of the Dubai-US Business Forum constitute strategic milestones for building promising investment paths, building qualitative and sustainable partnerships with the American business community, and attracting qualitative investments in priority sectors, in a way that supports the goals of the Dubai Economic Agenda D33, and enhances the integration of economic interests between Dubai and the United States of America.

The Dubai Chambers delegation participating in the forum is considered the largest external business delegation led by Dubai Chambers to participate in an event outside the Emirate of Dubai, as the diversity in the sectors and fields of activity of the participating companies reflects the importance of the American market, and the forum as a vital platform for rewarding economic partnerships.

Through a dialogue session, the forum discussed Dubai’s successful model in developing a competitive business environment based on partnerships and stimulating innovation and growth, and highlighted the most prominent policies and strategies that the emirate relies on to develop more investment opportunities in light of the goals of the Dubai Economic Agenda D33, while highlighting the prospects for the main economic sectors.

One of the forum sessions also touched on Dubai’s advanced position as a global center for financial technology, where the most prominent policies that contributed to enhancing Dubai’s attractiveness to international companies specialized in this strategic sector were discussed, while another session addressed Dubai’s role as an ideal incubator for innovations for American companies wishing to expand globally, as the emirate provides investment capital and the most prominent competencies, expertise, and specialized human cadres, in addition to policies that stimulate and support expansion opportunities in the markets of Africa, Asia, and the Middle East.

In a dialogue session within the forum’s activities, speakers discussed the mechanisms by which companies can benefit from opportunities and meet the requirements for expansion outside traditional markets, while another session focused on the activities of sovereign wealth funds in the world, Dubai’s position as a global investment center and the emirate’s role in drawing a map for the movement of capital internationally in light of the rapid changes at the global level.

The forum also witnessed in-depth discussions of the prospects for artificial intelligence and the proactive regulatory frameworks governing its technologies in Dubai, in addition to data-based digital infrastructure, in addition to employing new tools and technologies to reshape the future of asset and investment management.

Through a series of sessions included in the event, the American business community was introduced to the importance of Dubai as an incubator for talent and its role in preparing specialized human cadres in all sectors. The momentum that Dubai is witnessing in terms of the growth and establishment of startup companies and the growth of venture capital investments was also discussed, as the emirate continues to consolidate its position as a global center for entrepreneurship and innovation in the sectors of the future economy, the most important of which are artificial intelligence, financial technology, quantum computing, and robotics.

The forum’s discussions also reviewed Dubai’s efforts to develop an integrated business environment that embraces and supports digital and global innovations, and the most prominent factors that drive entrepreneurs and founders of innovative companies from around the world to turn to Dubai as a preferred center for living, working, and investing.

Participants in the forum discussed the developments Dubai is making in its regulatory environment and the elements it is adding to enhance its leading position in many sectors, starting from digital trade, cryptocurrencies, and logistics services, all the way to investment capital.

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