Dubai still an attractive destination for investors

The number of international delegations visiting Dubai Chamber rose 51.7% in H1.

Share
More than 9,000 firms registered with the chamber between January and July of this year, marking a year-on-year increase of over 22%.
PIXABAY
More than 9,000 firms registered with the chamber between January and July of this year, marking a year-on-year increase of over 22%.

Membership at the Dubai Chamber of Commerce & Industry swelled to 240,000 in the first half of 2019.

More than 9,000 firms registered with the chamber between January and July of this year, marking a year-on-year increase of over 22%.

Related

According to state news agency Wam, the number of international delegations visiting Dubai Chamber rose 51.7% to 1,094 over the same period, while a 7.5% growth rate was recorded in the number of ATA Carnets issued and received in the UAE, with the number totalling 3,060.

The total value of the goods for which the ATA Carnets were issued and received surged 57% to around $540million in H1-2019, driven by activity within the meetings, incentives, conference and exhibitions sector in the UAE.

Hamad Buamim, president and CEO of Dubai Chamber said: "Despite global challenges, Dubai continues to attract companies and investors from around the world and this trend underlines the emirate’s strong appeal for foreign investment and its ability to ensure its sustainable growth, guided by the wise leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum."

Most Popular

Sign up for Newsletter

Digital Edition

Read The Edition Here