Indian businesses lead with 12,142 new members joining Dubai Chamber of Commerce in Q1-Q3 2024

Photo : Dubai Government Media Office

A recent report from Dubai Chamber of Commerce showed that Indian investors are still the leaders among foreign companies joining the chamber in 2024. In the first nine months of the year, 12,142 new Indian companies became members. This shows how much Indian investors like Dubai as a place to start businesses.

Pakistan came second on the list with 6,061 new companies joining, while Egypt came third with 3,611 new companies. Syria was fourth with 2,062 companies joining Dubai Chamber.

Other countries on the list include the United Kingdom with 1,886 new companies, Bangladesh with 1,669, and Iraq with 1,346 new companies. China followed with 1,109 companies, while Jordan had 1,069 and Sudan had 1,007 companies join.

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The report also shared which business sectors attracted the most new companies. The trade and services sector was the biggest, making up 41.5% of new members. Real estate, renting, and business services came second with 33.3%. The construction sector was third with 10.4%, followed by transport, storage, and communications at 8.6%. The social and personal services sector was fifth with 6.8%.

This shows that Dubai remains a strong and attractive place for businesses, with many new companies from all over the world joining the Dubai Chamber of Commerce. The variety of companies and industries joining the chamber shows that Dubai is a key center for business and growth.