The Dubai Chamber of Commerce registered the accession of 2,709 new companies to its membership in March of this year, indicating Dubai's growing investment status and its global reputation as a leading destination for business, trade, and investment under all conditions.
In terms of the sectoral distribution of new companies joining the Dubai Chamber in March, the real estate, rental, and business services sectors accounted for 41.2% of the activities of new members, followed by the trade and services sector with a share of 29.5%. The construction sector came in third with a 15% share, while the social and personal services sector ranked fourth with a 9.3% share.
This investment momentum that Dubai has maintained is the result of efforts accumulated by the emirate over decades as a premier investment and business destination. Despite regional and global challenges, the emirate has successfully attracted more companies that chose Dubai as a new hub for their investments.
Mohammed Ali Rashed Lootah, Director General of Dubai Chambers, said: "Dubai's economic model is based on comprehensive foundations that combine high flexibility and proactive readiness, along with effective partnership with the private sector and strong ties with international markets, which enhances the emirate's ability to adapt to global changes and continue to offer renewed and quality opportunities across all business sectors".
He added: "The accession of more companies to the membership of the Dubai Chamber of Commerce in March is a clear indicator that Dubai's investment momentum is unabated, and it also embodies the deep trust that the emirate enjoys among the global business community, thanks to its dynamic investment environment, advanced infrastructure, sophisticated regulatory system, and economic policies that keep pace with market pulses and meet growth requirements at all stages".
Lootah continued: "We are committed to harnessing all efforts to support the establishment and growth of businesses in Dubai, enhancing the efficiency of companies operating in the emirate to keep pace with rapid changes and meet the requirements for sustainable growth and develop their competitiveness in local and international markets, which contributes to cementing Dubai's position as a global capital of trade and investment".
In line with the commitment to developing the quality and efficiency of services provided to the business community, the business community benefits from the advanced digital platform recently developed by Dubai Chambers under the name "Dubai Chambers Connect" (DC Connect), which is a vital addition that enhances the members' experience and facilitates their access to the Chambers' services through a unified interactive interface based on data-driven smart solutions.
The platform offers a range of integrated digital services, including Dubai Chamber membership, information services, temporary admission of goods services, mediation services, attestation services, certificate of origin services, as well as services related to business groups and councils.
