Skip to content Skip to Search
Skip navigation

Exports by Dubai Chamber members hit $10bn

Dubai Chamber Dubai Chamber
Dubai Chamber will continue to focus on building an agile and resilient economy based on diversification and innovation, says chairman Abdul Aziz Abdulla Al Ghurair

Dubai Chamber of Commerce said new member companies increased by 43 percent in the first half of 2023 to 30,146, from 21,098 a year earlier.

The total value of exports and re-exports of member companies rose 7 percent to AED137.6 billion ($10.24 billion), up from AED129.4 billion in the same period last year.

In addition, the chamber issued 357,000 certificates of origin in the first six months.

The emirate aims to boost the value of non-oil foreign trade to AED2 trillion by 2026.

Dubai Chamber of Commerce reviewed 54 draft laws in cooperation with business groups during the first half of the year, while the number of mediation cases received reached 75.

The chamber established over 100 business groups representing diverse economic sectors in the emirate to enhance the private sector’s role in shaping policies and legislation.

Latest articles

Flooding in Dubai affected many people's homes. Emaar has promised .free repairs for its residents, and an upgraded sewerage system is planned

Emaar promises free repairs as Dubai launches sewerage system

Emaar Properties is offering free repairs to residents whose homes were damaged during this week’s extreme flooding, as Dubai also announced an AED80 billion ($22 billion) sewerage system. The developer announced on Friday that it would repair all homes in its communities affected by the historic levels of rain, “at no cost to residents”. Emaar’s […]

A customer paying with a credit card inside the Black Friday Market in Beirut. Lebanon wants more people to move away from cash

Lebanon launches plan to promote use of bank cards

Lebanese central bank Banque du Liban announced a new agreement on Thursday that it hopes will result in a rebound in the use of bank cards. As part of the agreement, Mastercard and Visa will lower card fees on transactions, particularly for people with bank accounts based outside Lebanon. In a press release, the bank […]

Construction work in Kuwait. Nurseries, schools and shops are being built for the new residential district of Al Metlaa

Kuwait signs $140m contracts for Al Metlaa development

Kuwait’s Public Authority for Housing Welfare (PAHW) has signed two contracts worth KD42 million ($140 million) to construct public buildings in Al Metlaa, a new residential district north of Kuwait City. Nurseries, stores, schools and shops will be included, state news agency Kuna reported. Electricity connections have been provided for 109 buildings in the district, […]

Iraq gas oil

Iraq to auction 30 oil and gas projects this month

Iraq will auction 30 new oil and gas projects in two licensing rounds before the end of April. The bidding round will be held on April 27, Reuters reported, citing an oil ministry statement. Last October Iraq passed a long-awaited oil and gas law, which will help the country attract more international investments into the hydrocarbon industry and boost government revenues.  Ali Metwally, an […]