The Dubai Chamber of Commerce, one of the three chambers under the umbrella of Dubai Chambers, has launched the Bulgarian Business Council to enhance economic cooperation.
The initiative seeks to foster partnerships between the business communities in Dubai and Bulgaria, while driving investment opportunities across various sectors.
First Meeting of the Bulgarian Business Council
The council’s first meeting was held recently at Dubai Chambers’ headquarters. Participants discussed ways to develop new business opportunities and advance mutual investments.
The meeting also focused on strengthening the connections between Bulgarian companies and their counterparts in Dubai, exchanging expertise and data, and organizing bilateral business events.
The launch of the Bulgarian Business Council marks a significant milestone as Dubai continues to solidify its position as an international hub for Bulgarian companies and investors.
Maha Al Gargawi VP – Business Advocacy Dubai Chambers
“The establishment of the Bulgarian Business Council represents an important step forward in the economic ties between Dubai and Bulgaria. The council will help build stronger partnerships between our business communities, unlock new opportunities for joint investment, and support the continued growth of bilateral trade.”
Bilateral Trade Growth and Increased Membership
Non-oil trade between Dubai and Bulgaria reached $211 million (AED 777 million) in 2024, marking an annual growth of 5 percent and underscoring the strength of bilateral commercial ties.
During the first nine months of this year, 54 new Bulgarian companies joined the chamber, bringing the total number of active Bulgarian members to 243 by the end of September.
The Business Councils operating under the umbrella of the Dubai Chamber of Commerce represent the interests of companies and investors from specific markets operating in Dubai. They work in close cooperation with the chamber to enhance bilateral trade and investments between Dubai and the markets represented, to develop robust long-term economic partnerships.
