Officials during the opening ceremony | Courtesy: DIC
Dubai International Chamber (DIC), one of the three chambers operating under Dubai Chambers, has inaugurated a new international representative office in London, United Kingdom.
The launch of the new office marks a significant step in the chamber’s global expansion strategy. This is DIC’s first representative office in Europe and 20th globally
The new office will focus its efforts on strengthening relationships with key public and private sector stakeholders, as well as supporting UK companies that are seeking to relocate to or expand into Dubai and grow their business internationally through the emirate.
The number of UK companies registered with the Dubai Chamber of Commerce reached 9,200 at the end of 2022, registering an increase of 69 percent since 2016, as per the reports.
Mr. Mansoor Abdullah Khalfan Juma Abulhoul, the UAE Ambassador to the United Kingdom, said that, “It is a real honor to open the Dubai International Chamber Representative Office in London, and long overdue given the illustrious relationship between our two countries! The UAE is comfortably the UK’s largest trading partner in the Middle East, and the third largest outside of Europe after the US and China.”
“The opening of the Representative Office is the next step in a long journey of mutual cooperation and prosperity between the Emirates and the UK. It follows the hugely successful Sovereign Investment Partnership and last month’s UAE-UK Strategic Dialogue. I look forward to the next chapter of our economic relationship,” Mr. Abulhoul added.
The opening of the London office comes as part of the Dubai Global initiative, which was launched last year by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai.
Mr. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers commented that, “As Dubai International Chambers’ first international office in Europe, the opening of our 20th commercial representative office in London is a landmark occasion that will bring far-reaching benefits. The United Kingdom has always been a key strategic market for Dubai and a land of opportunity where our members can thrive as they seek out exciting new trade and investment opportunities.”
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