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The Dubai Chamber of Commerce said more than 27,100 companies joined as new members in the first eight months of 2022, an increase of 69% year-on-year, bringing the total number of members to more than 314,000.
Between January and August 2022, member exports and re-exports increased by more than 20% year-on-year to AED177 billion ($47 billion).
From January 2022 to August 2022, the Chamber of Commerce issued more than 476,000 certificates of origin, a year-on-year increase of 9.8%. The Chamber issued a total of 2,674 ATA Carnets, an international customs document that allows temporary importation of goods for a year without any fees or taxes, received by the UAE, up 22.2 percent year-on-year, worth AED1.33 billion.
Meanwhile, the Chamber processed more than 642,000 electronic transactions, an increase of 12.7% year-on-year, following the 100% digital transformation of the Chamber’s core services and the organization’s successful goal of going paperless in Dubai.
Abdul Aziz Al Ghurair, Chairman of Dubai Chamber of Commerce, noted that this growth reflects the positive impact of Dubai Chamber of Commerce’s professional approach in supporting member companies in their global expansion and improving the ease of doing business in Dubai. He explained that these efforts have enhanced the Dubai Chamber’s ability to serve the business community and identify attractive trade opportunities with potential for member companies.
Furthermore, he expressed optimism that as the Dubai Chamber of Commerce progresses towards the goals outlined in its 2022-2024 strategy, while continuing to roll out strategic initiatives to enhance economic competitiveness, attract promising businesses to Dubai and expand the emirate’s relationship with Trade links in high potential markets. – arab trade news agency
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