Dubai Chambers continues to drive economic growth and international business expansion, reinforcing Dubai’s position as a leading global trade hub. Through strategic initiatives, the chamber is enhancing the local business environment, attracting foreign investments, and supporting the global reach of its members.
A key focus remains on accelerating Dubai’s digital economy, strengthening advocacy efforts, and maintaining high standards of institutional and customer excellence. These priorities align with Dubai’s long-term vision of fostering innovation, competitiveness, and sustainable economic development.
GCC Trade Set to Reach $2.3 Trillion by 2033
Trade across the Gulf Cooperation Council (GCC) is expected to grow at an annual rate of 5.5 percent, with projections indicating a market value of $2.3 trillion by 2033. This growth reflects the region’s increasing global trade footprint and the success of its economic diversification strategies.
UAE-US Trade Relations Experience Significant Growth
The United States remains one of the UAE’s top trading partners, ranking fourth globally and contributing 4.8 percent to the country’s total non-oil trade. In the first nine months of 2024, UAE-US bilateral non-oil trade reached $28.3 billion, marking a 46.2 percent increase compared to the same period in 2019.
As the UAE strengthens its economic ties with global partners, Dubai Chambers remains dedicated to fostering an environment that supports business growth, innovation, and international trade expansion.
