Dubai Chambers reviewed opportunities to strengthen bilateral partnerships and expand trade and investment during a meeting with a senior delegation from the US state of Illinois. Moreover, the delegation was led by Senator Seth Lewis, a member of the Illinois Senate, highlighting the growing institutional engagement between both sides.
The meeting was attended by Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, who discussed avenues to deepen cooperation. Additionally, talks focused on trade and investment flows, as well as participation in business events held in Dubai and the United States.
“This visit marks an important step in further strengthening the economic ties between Dubai and the State of Illinois. It also reflects our commitment to providing an integrated support ecosystem that enables US companies to capitalise on opportunities for growth and regional expansion from Dubai,” said Lootah.
Dubai–Illinois trade partnerships gain momentum
Discussions explored practical mechanisms to facilitate the flow of business and investments between Dubai and Illinois. Therefore, Dubai Chambers reaffirmed its commitment to supporting US companies entering the Dubai market or expanding existing operations in the emirate.
Moreover, the meeting highlighted alignment on global trade priorities, investment frameworks and sustainability objectives. As a result, participants identified shared opportunities across logistics, advanced manufacturing, technology and sustainable energy.
Investment opportunities across innovation and logistics
The dialogue also underlined Dubai’s role as a strategic gateway for Illinois exports to Africa and the Middle East and North Africa. Additionally, opportunities for logistics partnerships with Dubai-based companies were discussed to strengthen supply chains and expand logistics services in Illinois.
Participants reaffirmed their commitment to maintaining active economic dialogue. Consequently, both sides agreed to pursue new avenues for mutual growth that support private sector collaboration.
Advanced technologies and sustainable energy focus
Discussions further addressed investment cooperation in priority innovation areas. Additionally, these included quantum computing, other advanced technologies, renewable energy and green initiatives aligned with long-term sustainability goals.
Trade relations between Dubai and the United States continue to show strength. As a result, bilateral non-oil trade reached AED116.4 billion in 2024, representing annual growth of 10 per cent and reinforcing the depth of economic ties.
