In the first half of 2022, the Dubai Chamber of Commerce experienced record growth in new membership, with over 21,000 companies joining the organization.
The additions, estimated to be an 80 percent increase on a year-on-year basis, will take the Chamber’s total membership to over 308,000, WAM reported.
Dubai Chamber of Commerce is one of the three chambers operating under Dubai Chambers.
Hamad Buamim (below), president and chief executive officer of Dubai Chambers, said the latest performance figures reflected the positive impact of the new Chamber-led initiatives and plans to improve ease of doing business, boost Dubai’s foreign trade and support local businesses with global expansion.
“The Chamber’s integral role as Expo 2020 Dubai’s official business integration partner also gave a major boost to the performance in the first three months of this year,” he said.
He also revealed that Dubai Chambers achieved an Emiratisation rate of 59 percent as of the end of June 2022.
“We expect the positive momentum to continue and project new membership and total membership to reach 40,000 and 330,000 companies, respectively,” Buamim said.
“These are ambitious yet achievable targets considering that Dubai Chambers and the three chambers operating under its structure are rolling out several major initiatives in the coming six months that are designed to support the growth of the business community in Dubai and attract global companies to the emirate,” he added.
