- Mohammad Ali Rashed Lootah: “The launch of our fourth workplace in Europe is one other vital step in attaining our strategic priorities. Our Amsterdam workplace will play a key function within the profitable growth of Dubai-based corporations key European markets, attracting overseas direct funding and selling the expansion of bilateral commerce consistent with the financial ambitions of the sensible management.”
- A complete of 236 Dutch corporations registered as members of the Dubai Chamber of Commerce within the first eight months of 2023, bringing the entire variety of members from the Netherlands to 1,520. This represents a powerful improve of 35% in comparison with the identical interval in 2022.
- The opening is a part of the ‘Dubai World’ initiative, which goals to draw new companies and investmentsSand expertise to the emirate, whereas Dubai-based corporations can broaden into key worldwide markets.
Dubai, United Arab Emirates – Dubai Worldwide Chamber, certainly one of three chambers working underneath the Dubai Chambers umbrella, has opened its fourth European workplace within the Netherlands, bringing the entire variety of worldwide places of work to 25. The brand new workplace, situated within the capital Amsterdam, will additional strengthen financial and commerce relations between Dubai and the Netherlands.
The strategic transfer is a part of the ‘Dubai World’ initiative, which goals to draw new companies, investments and expertise to the emirate whereas enabling Dubai-based corporations to broaden into precedence worldwide markets. Launched by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Govt Council, Dubai World goals to construct a strong community of fifty consultant places of work around the globe by 2030.
The workplace was formally inaugurated final evening throughout a particular ceremony in Amsterdam with the participation of Ali Rashed Alshehhi, Chargé d’Affaires ai of the United Arab Emirates of the Kingdom of the Netherlands, and Salem Al Shamsi, Vice President of World Markets in Dubai. Chambers, along with main representatives of the Dutch enterprise neighborhood.
Commenting on the inauguration, Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, stated: “The launch of our fourth workplace in Europe represents one other vital step in attaining our strategic priorities. We proceed to make regular progress in strengthening our worldwide attain and consolidating Dubai’s place on the worldwide stage. Our Amsterdam workplace will play a key function in enabling Dubai-based corporations to efficiently broaden into key European markets, appeal to overseas direct funding and promote the expansion of bilateral commerce consistent with financial ambitions of sensible management.”
In line with Dubai Customs statistics, the worth of bilateral non-oil commerce between Dubai and the Netherlands amounted to roughly AED 11.5 billion in 2022. Within the first eight months of 2023 alone, a complete of 236 Dutch corporations registered as members of the Dubai Chamber of Commerce. which brings the entire variety of members from the Netherlands to 1,520. This represents a powerful improve of 35% in comparison with the identical interval in 2022, which underlines the nice curiosity of the Dutch enterprise neighborhood in Dubai.
The launch of the Amsterdam workplace will play a key function in boosting bilateral commerce between Dubai and the Netherlands in high-potential sectors together with fruit and greens; textile; antiques and inventive merchandise; perfumes and cosmetics; and medical gear. The chamber has additionally recognized promising alternatives for mutual funding in areas corresponding to agribusiness, chemical substances and inventive industries.
The brand new workplace will showcase Dubai’s aggressive benefits and supply focused on-site assist to Dutch corporations trying to enter the emirate and broaden into the Center East and past. The Dubai Worldwide Chamber workforce in Amsterdam will deal with constructing robust relationships with key stakeholders throughout the private and non-private sectors, and serving to Dubai-based corporations broaden into the Netherlands by connecting them with potential companions who can assist them entry the European market and scale up. their actions.
Dubai’s strategic location and world-class logistics services have made the emirate a most popular buying and selling hub for Dutch corporations with world ambitions. The emirate gives easy accessibility to greater than 2.2 billion customers and serves as a gateway for corporations within the Netherlands and the broader European continent trying to broaden their worldwide footprint.
About Dubai Worldwide Chamber:
Dubai Worldwide Chamber, certainly one of three chambers working underneath the umbrella of Dubai Chambers, was established to advertise Dubai as a world enterprise hub, appeal to multinational corporations and broaden the emirate’s commerce hyperlinks with promising markets. The chamber has a mandate to satisfy His Highness Sheikh Mohammed’s ambition to extend Dubai’s overseas commerce from AED 1.4 trillion to AED 2 trillion by 2026.
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