Dubai, Queensland Explore New Trade & Investment Ties

Dubai, Queensland Explore New Trade & Investment Ties

Post by : Bianca Qureshi

Sept. 24, 2025 2:30 p.m. 824

Dubai, 24 September 2025 – Dubai Chambers held a high-level meeting with a delegation from Queensland, Australia, to explore new opportunities for economic cooperation and strengthen bilateral trade relations. The delegation was led by the Honourable Rosslyn Bates, Minister for Finance, Trade, Employment, and Training of Queensland.

The meeting, hosted at Dubai Chambers’ headquarters, was attended by H.E. Yahya Lootah, Vice Chairman of Dubai Chamber of Commerce; H.E. Ridwaan Jadwat, Australian Ambassador to the UAE; H.E. Bryony Hilless, Consul General of Australia in Dubai; and several senior officials.

H.E. Yahya Lootah emphasized Dubai’s commitment to deepening international partnerships. “We are committed to strengthening bridges with our international partners and exploring new avenues of cooperation that empower the business community and stimulate the growth of global trade. Queensland remains a valued economic partner, and we look forward to deepening our bilateral relations while unlocking fresh opportunities for investment and trade,” he said.

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The discussions focused on expanding bilateral trade and investment, with special attention to sectors of mutual interest. The meeting also highlighted Dubai’s advantages for Australian companies seeking to expand into high-growth markets across the Middle East, Africa, and South Asia, leveraging the emirate’s world-class infrastructure and supportive business environment.

Trade data underscores the growing economic ties. Dubai’s non-oil trade with Australia exceeded AED 13.1 billion in 2024, marking an 8% increase compared to the previous year. Additionally, 250 new Australian companies joined Dubai Chamber of Commerce in the first half of 2025, bringing the total number of active Australian member companies to 1,594 by June.

Dubai International Chamber, one of the three chambers under Dubai Chambers, opened a representative office in Australia in 2023. The office acts as a strategic gateway to attract Australian investment to Dubai while assisting Dubai-based companies to expand their presence in the Australian market.

Both sides expressed optimism about future collaborations and reiterated their commitment to fostering stronger economic ties.

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