Dubai Chambers connects local businesses with international opportunities with ‘Global Expansion Series’

Dubai International Chamberone of the three chambers that operate under the umbrella of Dubai Chambershas successfully hosted the third event of its global expansion series, whose objective is to support the international growth of local companies and promote their expansion into key global markets.

The event attracted 112 executives and key decision makers representing 78 companies operating in Dubai. Participants benefited from opportunities for face-to-face meetings with 22 senior representatives from the chamber’s international offices, who traveled from around the world to share expert advice on the most effective ways for companies to expand into their target global markets. .

The session included a round table with representatives of DP World, Etihad Credit Insurance, Citibank, and Ernst & Young, who shared valuable knowledge on key topics related to the international expansion of companies. Attendees also participated in business matchmaking sessions and learned more about feasibility and accessibility research in target markets, payment gateway options, insurance solutions and the overall support that Dubai International Chamber provides locally and globally.

HE Mohammad Ali Rashed Lootah, Chairman and CEO of Dubai Chambers, commented:

“Our Global Expansion Series is designed to boost our members’ ability to expand into new markets by offering access to networking opportunities, timely market intelligence and valuable guidance in entering international markets through exports and investments. For this edition of the series, we connected attendees for the first time with our local teams from around the world, who shared their rich local knowledge of foreign markets. This initiative is essential to support local companies with global ambitions. Dubai Chambers is ready to assist them at every stage of their international expansion journey.”

Launched to support the goals of the global dubai initiative, the ‘Global Expansion Series helps companies explore effective strategies to enter their target markets and provides guidance on trade finance and export credit solutions to overcome financial barriers to international trade. The initiative also accelerates efforts to boost Dubai’s non-oil foreign trade to AED 2 trillion by 2026 and achieve the Dubai Economic Agenda (D33) goal of doubling the size of the emirate’s economy over the next decade.

Dubai International Chamber focuses on strengthening partnerships with global corporations, investors and entrepreneurs, and works to boost Dubai’s status as a major global business hub. The chamber supports the emirate’s vision of expanding into new global markets, forging new economic partnerships and supporting local businesses to achieve international success, while attracting promising talent and investors from around the world.

News source: Dubai Press Office