Dubai Chamber members exports touch AED14.5b
A monthly report released by Dubai Chamber of Commerce & Industry revealed its members’ exports reached AED 14.5 billion in January 2009 as the Certificates of Origin issued by the Chamber for its exporter members ran into 44,000 in the same month. According to the report, 785 new members joined the Chamber’s long list of membership while 5,900 renewed their membership which is up 13% over the same period last year.
Dubai Chamber had a glittering start to its award winning spree of the year as it won the Green Buildings Golden Category at the Environment Health and Safety Award presented by Dubai Ports, Customs and Freezone Corporation at a high profile ceremony held in Dubai last month.
Playing its important role of promoting Dubai as a global business hub, Dubai Chamber received 24 international business delegations coming from USA, Italy, China, Poland, Indonesia, France, Singapore, Sri Lanka, Bangladesh, Spain, Turkey, New Zealand, India, Egypt, Luxemburg, Portugal and Germany.
The Chamber received a delegation of Hamburg Chamber of Commerce headed by its President and CEO as a follow-up to the signing of a Strategic Partnership Agreement in Hamburg during the 2nd Dubai Hamburg Business Forum. It also signed an agreement of cooperation with the visiting officials of Marche Region in Italy to develop, facilitate and promote the scope and extent of cooperation and support to the small to medium-sized enterprises in Italy.
As part of its strategic objective of a creating a favourable business environment, the Chamber organized a series of meetings with a number of working groups that operate under its umbrella. The meetings focused on the challenges faced by the groups in the wake of the global financial crisis and its impact on Dubai businesses belonging to construction and building materials, real estate, insurance and financial institutions.
The Dubai Chamber initiative of the Dubai International Arbitration Center (DIAC) handled 11 arbitration cases last month while the Legal Services Department received 30 cases out of which eight are already settled and the department is working to find quick solutions to the 22 remaining cases.