Contact Members/Sign Up Reg Form

Dubai Chamber Opens Office in Kazakhstan to Boost Trade, Investment

Photo : Dubai government media office

Dubai International Chamber, a key entity within Dubai Chambers, has inaugurated a new representative office in Almaty, Kazakhstan, marking an important step in strengthening the economic relationship between Dubai and Kazakhstan. The new office is part of the Dubai Global initiative, which aims to expand Dubai’s global presence by establishing 50 representative offices worldwide by 2030. This initiative is designed to enhance trade, attract foreign direct investment, and bring international talent to Dubai, while also supporting Dubai-based companies seeking new opportunities in high-priority global markets.

Stay informed with the latest news. Follow DXB News Network on WhatsApp Channel 

With the opening of the Almaty office, Dubai International Chamber now operates 32 international representative offices. The move reflects the growing momentum in economic ties between the two regions, particularly as non-oil trade between Dubai and Kazakhstan reached AED 14 billion last year, marking an 82% year-on-year increase. In the first three quarters of 2024 alone, 187 new companies from Kazakhstan joined the Dubai Chamber of Commerce, increasing the total number of Kazakh companies operating in Dubai to 668 by the end of September.

Commenting on the new office opening, H.E. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, emphasized that the expansion of Dubai International Chamber’s global office network is integral to reinforcing Dubai’s position as a leading global business and financial hub. He said, "The chamber’s representative offices play a vital role in attracting companies and investments to Dubai, boosting bilateral trade with key markets, and creating new partnership opportunities that align with the objectives of the Dubai Economic Agenda (D33)."

The Almaty office will act as a bridge between Dubai and Kazakhstan, helping to foster closer relationships between businesses in both regions. It is designed to attract Kazakhstani companies and investors to Dubai, promoting the emirate as an ideal platform for global expansion. The office will provide invaluable support to Kazakh companies interested in entering Dubai’s market and assist Dubai-based companies with their expansion plans into Kazakhstan by offering market insights, business introductions, and strategic guidance.

This office opening also reflects Dubai’s ongoing efforts to diversify its economic ties with Central Asia and strengthen its role as a global business gateway. By helping companies navigate the complexities of entering these markets, Dubai International Chamber aims to further enhance the emirate’s status as a hub for innovation, investment, and international trade.

Nov. 6, 2024 4:31 p.m. 360

#trending #latest #DubaiInternationalChamber #Kazakhstan #DubaiGlobal #TradeRelations #EconomicPartnership #InvestmentOpportunities #BusinessExpansion #KazakhstanBusiness #DubaiChambers #GlobalTrade #InternationalBusiness #CentralAsia #DubaiEconomy #Dubai #KazakhstanTrade #BusinessHub #headlines #topstories #globalUpdate #dxbnewsnetwork #dxbnews #dxbdnn #dxbnewsnetworkdnn #bestnewschanneldubai #bestnewschannelUAE #bestnewschannelabudhabi #bestnewschannelajman #bestnewschannelofdubai #popularnewschanneldubai

US Conducts Hypersonic Missile Test Before Trump Declares Victory

global news / world news
Nov. 6, 2024 6:26 p.m. 358

Officials clarified that the hypersonic missile test, planned years ago, underscores the US's nuclear readiness and commitment to defense amidst global security...Read More.

Netanyahu Hails Trump's US Win as 'History's Greatest Comeback'

global news / world news
Nov. 6, 2024 6:15 p.m. 359

The US is Israel's key ally and military supporter, with the election coming at a crucial time amid ongoing conflicts in Gaza and Lebanon...Read More.

US Conducts Hypersonic Missile Test Before Trump Declares Victory

Officials clarified that the hypersonic missile test, planned years ago, underscores the US's nuclear readiness and commitment to defense amidst global security

Netanyahu Hails Trump's US Win as 'History's Greatest Comeback'

The US is Israel's key ally and military supporter, with the election coming at a crucial time amid ongoing conflicts in Gaza and Lebanon

Department of Community Development Unveils Policy to Protect People of Determination

The policy will be implemented with the Family Care Authority, alongside relevant stakeholders, strategic partners, and community members in Abu Dhabi

MBZUAI Honors 32 Graduates from Executive Program Accelerated

The graduates' approach to the program has enriched MBZUAI, offering valuable insights that will shape future editions of MEP-A

Death Toll Rises as Protests Erupt Over Mozambique Election Results

Police accused of killing at least 11 unarmed bystanders since 24 October amid election rigging claims.

ADNOC signs 15-year sales deal with SEFE for Ruwais LNG supply at ADIPEC 2024

At ADIPEC 2024, ADNOC announced the first long-term SPA for its lower-carbon Ruwais LNG project.

US and Global Markets Surge as Traders Back Trump’s Lead Over Harris

Bitcoin surged to a new record of $75,330.88, nearly $6,000 higher than its previous high of $73,797.98 set in March this year

ADNOC Awards AED1.79bn Contract to BGP for Seismic Survey Expansion

The contract aims to identify additional oil and gas resources within ADNOC’s producing onshore fields, enhancing exploration efforts.

Police use tear gas to disperse protest over deadly canopy collapse

Protesters throw flares, red paint at Novi Sad City Hall over deadly railway canopy collapse

ADQ to be Headline Partner for 2024 and 2025 Abu Dhabi Finance Week

Under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed, ADQ is the headline partner for 2024-2025 Abu Dhabi Finance Week.

LATEST INSTAGRAM POST
Follow Us

© DNN. All Rights Reserved.