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Wed 19 Sep 2012 10:19 PM

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Dubai trade body set to open global offices

Chamber of Commerce eyes expansion in China, India and Brazil, among others

Dubai trade body set to open global offices
Dubai Chamber of Commerce CEO Hamad Buamim.

Dubai Chamber of Commerce will open international trade offices across Asia, South America and Africa, the head of the authority said on Wednesday.

Speaking at the CEO Middle East Awards, director general Hamad Buamim said that the chamber would move into markets including India, China, Brazil, Iraq and Libya.

"We've seen a spike in interest from foreign companies," said Buamim.

He added that the chamber "will start with east African community [and] CIS region and fast growing Iraq".

Buamim said that within three to five years Dubai Chamber would have 20 offices around the world in countries including China, India, Libya and Brazil.

The head of Dubai Chamber, which has approximately 135,000 member firms in the emirate, said the aim of the expansion was to convince companies to set up in Dubai.

Buamim said that Dubai Chamber would also form a policy arm that would lobby decision makers in the emirate for more favourable policies towards businesses.

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