The value of exports and re-exports by Dubai Chamber of Commerce members in 2024 hit a record AED309.6 billion ($84.29 billion), achieving an annual growth of 9.2 percent.

 

The chamber, one of the three chambers operating under the umbrella of Dubai Chambers, said the total number of active members reached 258,318 in the year, reflecting an annual growth of 18 percent compared to 2023.

 

A total of 70,500 new companies joined the chamber’s membership by the end of the year, representing growth of 3 percent compared to 2023. This highlights Dubai’s growing significance as a destination of choice among businesses and investors, said a report by Wam news agency.

 

During the same period, the chamber issued 791,115 Certificates of Origin, reflecting annual growth of 8 percent. The chamber also issued and received 5,357 ATA Carnets for goods and commodities with a total value of AED 4.3 billion.

 

Abdul Aziz Abdulla Al Ghurair, Chairman of Dubai Chambers, commented: “Guided by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, Dubai is continuing to consolidate its position as a prominent global business hub and an ideal platform for growth and expansion across all sectors. The emirate is consistently enhancing its integrated, business-friendly environment.”

 

He added: “Building on the strong partnership between the public and private sectors, the chamber is continuing to play a pivotal role in supporting economic growth, advancing the interests of the business community, and creating promising opportunities for Dubai-based companies and investors in local and global markets.”

 

The chamber also established nine new Business Councils in 2024 representing investors from Greece, Poland, Mexico, Colombia, Kazakhstan, Georgia, Costa Rica, South Korea, and Vietnam.