The fourth European regional office of the Dubai International Chamber, among the three organizations functioning under the Dubai Chambers umbrella, has been formally opened in the Netherlands. The new office, the chamber’s 25th overseas location overall, was opened yesterday evening in Amsterdam during a formal ceremony.
Mohammad Ali Rashed Lootah, the president and chief executive officer of Dubai Chambers, commented on the opening, saying: “The establishment of our fourth place office in Europe signifies another crucial step toward attaining our strategic targets. As part of the wise leadership’s economic goals, our Amsterdam office will be crucial in assisting Dubai-based businesses in effectively entering important European markets, luring foreign direct investment, as well as fostering the expansion of bilateral commerce.
The new office will give Dutch businesses looking to enter the emirate, develop into the Middle East, and go global targeted on-ground help. The trade association has also discovered lucrative chances for joint partnerships in sectors including agriculture, chemicals, and creative industries.
In 2022, bilateral non-oil trade among Dubai and Netherlands was worth AED 11.5 billion. In the initial eight months of 2023 alone, 236 Dutch businesses registered as members of the Dubai Chamber of Commerce, bringing the overall number of Dutch members to 1,520. This shows the Dutch business community’s keen interest in Dubai as it reflects an outstanding 35% growth over the same period in 2022.
Due to its advantageous location and top-notch logistical infrastructure, Dubai has become a favoured trading hub for Dutch businesses with international aspirations. The Emirate of Dubai serves as a point of entry for companies in the Netherlands & the rest of Europe wishing to increase their global reach by providing simple communication with over 2.2 billion customers.
One of three chamber operating under the Dubai Chambers umbrella, the Dubai International Chamber, was created to promote Dubai as a major international commercial centre, draw multinational corporations, and strengthen the emirate’s trade links with developing markets. The chamber is charged with achieving His Highness Sheikh Mohammed’s goal of doubling Dubai’s exports form AED 1.4 trillion to AED 2 trillion by the year 2026.