Dubai Chambers Signs MoU with London Chamber to Strengthen Bilateral Economic Ties

UAE, 6 December, 2024 : Dubai Chambers has signed a Memorandum of Understanding (MoU) with the London Chamber of Commerce and Industry to enhance bilateral economic and investment ties between Dubai and London.

The agreement focuses on strengthening business connections and fostering collaboration between the two cities. Under the MoU, Dubai Chambers will support London-based companies in expanding their operations in Dubai, further developing trade and investment relations at local and regional levels.

Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, emphasized the role of international partnerships in positioning Dubai as a global trade and investment hub. Karim Fatehi, Chief Executive of the London Chamber of Commerce and Industry, highlighted the potential for future collaboration to drive mutual success.

The MoU also outlines cooperation in trade fairs, investment missions, and sharing economic data to facilitate business expansion in both regions.