Dubai Chambers explored opportunities to strengthen economic ties with the Czech Republic during a meeting with a delegation led by Petr Michal. Moreover, both sides reaffirmed their commitment to expanding cooperation across trade, investment, and the digital economy.
Focus on trade, investment, and digital collaboration
The meeting, held at Dubai Chambers’ headquarters, was attended by Mohammad Ali Rashed Lootah. Additionally, discussions centred on enhancing bilateral trade and exploring shared investment opportunities between businesses in both markets.
Furthermore, participants highlighted the importance of strengthening collaboration in the digital economy. As a result, both sides aim to deepen partnerships and unlock new growth avenues for private sector companies.
Growing business engagement and trade flows
The President of the Prague Chamber of Commerce noted strong interest among Czech companies in expanding operations in Dubai. Additionally, this reflects increasing confidence in the emirate’s business environment across multiple sectors.
Lootah said, “We are committed to advancing economic relations between Dubai and the Czech Republic in a way that serves our mutual interests. Our discussions focused on building high-value partnerships that contribute to stronger business ties and unlock new opportunities for private sector companies, while also supporting Czech businesses in investing in promising opportunities across diverse sectors in Dubai.”
Moreover, 46 new Czech companies joined the Dubai Chamber of Commerce in 2025, bringing the total number of active members to 145 by year-end. Therefore, this represents annual growth of 28.3%.
In addition, non-oil trade between Dubai and the Czech Republic reached approximately AED5.3 billion in 2024, marking a 14% increase compared to 2023. As a result, trade momentum continues to strengthen bilateral economic relations.
