Dubai Chamber of Commerce sees major surge in new members

Dubai Chamber of Commerce attracted a total of 48,616 new member companies between January and September of 2023.

The 42 per cent year-over-year (YoY) growth underlines Dubai’s attractiveness among both companies and investors, as well as its growing reputation as a leading business destination.

This was also reflected in the total value of exports and re-exports of member companies, which reached a total of AED 210 billion between Q1 and Q3, 2023.

In addition, 3,209 ATA Carnets were issued and received for goods and commodities with a combined value of AED 3.3 billion during the nine-month period, recording a remarkable YoY growth of 123.6 per cent.

The ATA Carnet is an international customs document that permits temporary importation of duty-free and tax-free goods for up to one year.

As part of its efforts to support the interests of the business community, Dubai Chamber of Commerce reviewed a total of 94 draft laws in cooperation with Business Groups during the first nine months of this year, while the number of mediation cases received by the chamber reached 103.

"We are the voice of the business community in Dubai and remain committed to empowering our members to contribute towards achieving the emirate’s growth ambitions. We will continue to work in tandem with the government as we advance on our journey towards the objectives of the Dubai Economic Agenda (D33)," said Abdul Aziz Abdulla Al Ghurair, Chairman of Dubai Chambers.


More from Business

Coming Up on Dubai Eye

  • Nights on Dubai Eye 103.8

    10:00pm - 11:00pm

    Dubai Eye complements the conversation with the music you love from the eighties, nineties and newer.

  • Nights on Dubai Eye 103.8

    11:00pm - 10:00am

    Dubai Eye complements the conversation with the music you love from the eighties, nineties and newer.


On Dubai Eye

  • Flying Taxis

    It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.

  • Tough penalties for deliberate tax evasion

    The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.