Dubai International Chamber Attracts Record Number of Companies in Q1 2025
The Dubai International Chamber reported a substantial increase in company attraction during the first quarter of 2025, with 53 businesses establishing a presence in Dubai. This represents a 39% surge compared to the 38 companies drawn in during the same period in 2024.
Key Highlights
- Multinational Corporations (MNCs): The chamber successfully attracted 11 MNCs, demonstrating a remarkable 120% increase from the five secured in Q1 2024.
- Small and Medium-sized Enterprises (SMEs): A total of 42 SMEs were drawn to Dubai in Q1 2025, marking a year-over-year growth of 27% compared to the 33 attracted in the corresponding period last year.
Role of Dubai International Chamber
As one of the three chambers operating under Dubai Chambers, the Dubai International Chamber emphasized its crucial role in fostering foreign direct investment within the emirate. It also plays a part in solidifying Dubai’s standing as a premier global hub for commerce.
Chairman’s Remarks
Sultan Ahmed bin Sulayem, chairman of the chamber, stated the organization’s commitment to promoting Dubai’s competitive strengths and diverse prospects to businesses and investors globally. He further noted that Dubai International Chamber’s global office network is essential in boosting Dubai’s attractiveness as an investment destination by bringing in businesses from all over the world. These companies are capitalizing on Dubai’s advantages to facilitate growth locally and abroad, reinforcing the emirate’s position as a leading international center for trade and investment.
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