2,709 new companies join the Dubai Chamber of Commerce during March
Dubai, April 5, 2017 – The Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of the Dubai Chambers, recorded the joining of 2,709 new companies to its membership during the month of March of this year, in an indication of Dubai’s growing investment status and its global reputation as a leading destination for business, trade and investment.
In terms of the sectoral distribution of new companies joining the Dubai Chamber of Commerce during the month of March, the real estate sector, leasing sector and business services accounted for 41.2% of the activities of new members, followed by the trade and services sector with a share of 29.5%.
The construction sector came in third place with a rate of 15%, while the social and personal services sector came in fourth place with a rate of 9.3%.
This investment momentum that Dubai has maintained is the result of the efforts accumulated by the emirate over the past decades, as it is the most prominent destination for investment and business. Despite the regional and global challenges, it succeeded in attracting more companies that chose Dubai as a new headquarters for their investments.
His Excellency Mohammed Ali Rashid Lootah, Director General of Dubai Chambers, said that Dubai’s economic model is based on integrated foundations that combine high flexibility and proactive readiness, in addition to effective partnership with the private sector and close ties with international markets, which enhances the emirate’s ability to adapt to global changes, and continue to offer renewable and qualitative opportunities for all business sectors.
He added that the joining of more companies to the membership of the Dubai Chamber of Commerce during the month of March represents a clear indication that Dubai’s investment momentum is not abating, and it also embodies the solid confidence that the emirate enjoys among the global business community, thanks to its dynamic investment environment, advanced infrastructure, and advanced regulatory system, in addition to economic policies that keep pace with the pulse of the markets and meet the requirements of growth at all stages.
He stressed the Chamber’s commitment to harnessing all efforts; To support the movement of establishing and growing businesses in the emirate, and to enhance the efficiency of companies operating there to keep pace with rapid changes, meet the requirements of sustainable growth, and develop their competitiveness in local and international markets, thus contributing to consolidating Dubai’s leadership as a global capital of trade and investment.
As part of its keenness to develop the quality and efficiency of services provided to the business community, the business community benefits from the advanced digital platform recently developed by Dubai Chambers under the name “Dubai Chambers Services Portal” (DC Connect), which is considered a vital addition that contributes to enhancing members’ experience and facilitating their access to its services through a unified interactive interface based on smart solutions supported by data.
The platform offers a set of integrated digital services, including the Dubai Chamber of Commerce membership service, information service, temporary entry booklet services for goods, mediation service, authentication service, certificate of origin service, and services for business groups and councils.
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