Dubai: Dubai Chambers and DP World have inked a strategic Memorandum of Understanding (MoU) in support of the Dubai Global plan, the arrangement will allow the chambers to build and host international representative offices in DP World’s locations worldwide by utilizing its global network.
The agreement was signed at Dubai Chambers’ headquarters by Abdul Aziz Abdulla Al Ghurair, Chairman of Dubai Chambers, and Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World and Chairman of Dubai International Chamber.
The partnership aligns with the goals of the Dubai Global initiative launched by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council of Dubai, which aims to establish 50 international representative offices around the world by 2030 to attract foreign direct investment, multinational companies, and global talent to the emirate.
The Dubai Global initiative is led by Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, which last year opened 16 new representative offices to expand its global network across South America, Europe, Africa, Central Asia, Southeast Asia, Australia, and the Middle East.
Abdul Aziz Abdulla Al Ghurair, Chairman of Dubai Chambers, said that, “Our cooperation will contribute to achieving the goals of the Dubai Global initiative and support our efforts to drive increased trade and investment in line with the Dubai Economic Agenda (D33). We look forward to continuing to activate partnerships with various stakeholders across the country to achieve the chambers’ strategic priorities and further enhance the emirate’s investment landscape, which continues to go from strength to strength.”