Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has released an analysis that highlighted Dubai’s strong appeal among Indian investors and entrepreneurs.
During the first nine months of this year, Indian businesses continued to top the list of fresh non-Emirati companies joining Dubai Chamber of Commerce. This underscores the importance of the chamber’s membership among companies of different nationalities.
We are pleased to announce the list of new non-Emirati companies joining the chamber during the first nine months of 2024. These findings highlight Dubai’s strong appeal among investors and entrepreneurs from various nationalities. To read more: https://t.co/qq2qBlxqFr pic.twitter.com/oJzWwhvGgs
— Dubai Chamber of Commerce (@DxbChamberComm) December 24, 2024
Dubai’s strong appeal among global businesses
12,142 fresh Indian businesses joined the Dubai Chamber of Commerce during the aforementioned period. Pakistan came second on the list as 6,061 businesses registered as chamber members. Egypt secured the third rank at 3,611 companies.
The fourth, fifth and sixth positions on the list of fresh non-Emirati companies joining the Dubai Chamber of Commerce have been secured by Syria at 2,062 companies, the UK at 1,886 and Bangladesh at 1,669 entities, respectively.
Iraq has been placed at the seventh spot as 1,346 of its companies registered as chamber members during the first three quarters of 2024. China, Jordan and Sudan occupied the remaining positions in the top ten list in the same order.
Dubai Chamber of Commerce notes sectoral distribution
Through its analysis, the Dubai Chamber of Commerce highlighted the emirate’s strong appeal among global entrepreneurs. In terms of sectoral distribution, the trade and services sector ranked first on the list, accounting for 41.5% of the total.
The real estate, renting and business services sector came next on the list, representing 33.3% of the total. The construction sector came third at 10.4%, and the transport, storage and communications sector at 8.6% came fourth.
