According to Dubai Customs statistics, the value of non-oil bilateral trade between Dubai and the Netherlands reached approximately AED 11.5 billion in 2022…reports Asian Lite News
The Dubai International Chamber, one of the prominent chambers under the Dubai Chambers umbrella, has officially inaugurated its latest international office in Amsterdam, Netherlands. This marks the fourth European office for the chamber and demonstrates the growing commitment to strengthening economic ties between Dubai and key international markets.
The establishment of the Amsterdam office is part of the ‘Dubai Global’ initiative, an ambitious endeavor initiated by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council of Dubai. ‘Dubai Global’ is designed to attract new businesses, investments, and talent to Dubai while facilitating Dubai-based enterprises in expanding into priority global markets. The initiative aims to establish a robust network of 50 representative offices worldwide by 2030.
The office was officially inaugurated during a special ceremony in Amsterdam, attended by Ali Rashed Alshehhi, Chargé d’Affaires a.i. of the United Arab Emirates to the Kingdom of the Netherlands, and Salem Al Shamsi, Vice President of Global Markets at Dubai Chambers, along with distinguished members of the Dutch business community.
Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, stated, “The launch of our fourth European office signifies a significant stride toward realizing our strategic objectives. We are making continuous progress in extending our global presence and strengthening Dubai’s standing on the world stage. The Amsterdam office will play a pivotal role in assisting Dubai-based companies in expanding successfully into crucial European markets, attracting foreign direct investments, and advancing bilateral trade in line with the leadership’s economic vision.”
According to Dubai Customs statistics, the value of non-oil bilateral trade between Dubai and the Netherlands reached approximately AED 11.5 billion in 2022. In the first eight months of 2023 alone, 236 Dutch companies became members of the Dubai Chamber of Commerce, bringing the total number of Dutch members to 1,520—an impressive 35% increase compared to the same period in 2022. These figures underline the strong interest in Dubai within the Dutch business community.
The Amsterdam office is expected to play a key role in boosting bilateral trade between Dubai and the Netherlands, particularly in sectors with high potential such as fruits and vegetables, textiles, antiques and artistic products, perfumes and cosmetics, and medical equipment. Additionally, the chamber has identified promising opportunities for mutual investments in areas like agribusiness, chemical products, and the creative industries.
The new office will serve as a showcase for Dubai’s competitive advantages and offer on-the-ground support to Dutch companies seeking entry into Dubai and the broader Middle East markets. The Dubai International Chamber team in Amsterdam will focus on building robust relationships with key public and private sector stakeholders while assisting Dubai-based firms in expanding into the Netherlands by connecting them with potential partners to access the European market and scale their operations.
Dubai’s strategic location and world-class logistics facilities have established the emirate as a preferred trade hub for Dutch companies with global aspirations. Dubai provides easy access to over 2.2 billion consumers, making it an ideal gateway for Dutch businesses and those across Europe looking to expand their international reach.