India tops new members of Dubai Trade with 7,860 companies in H1

Indian investors topped the list of new companies joining the Dubai Chamber of Commerce during the first half of this year, from non-Emiratis, with 7,860 new companies, reflecting Dubai’s attractiveness to investors and businessmen, according to a press release issued today, Wednesday, by the Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers.

The Chamber said that Pakistan ranked second with 3,968 new companies in the first half of the year, followed by Egypt with 2,355 new companies, Syria with 1,358 new companies, the United Kingdom with 1,245 new companies, and Bangladeshi companies ranked sixth with 1,119 companies joining.

She added that Iraq came in seventh place in the list of the highest nationalities of new companies joining the Chamber’s membership, with 799 new companies joining in the first half, followed by China in eighth place with 742 companies joining, Sudanese companies in ninth place with 683 companies, and Jordan in tenth place with 674 new companies joining.
In terms of the sectoral distribution of new companies joining the Dubai Chamber of Commerce in the first half of this year, the trade and repair services sector came in first place, accounting for 41.5%, followed by “real estate, leasing and business services” with 33.6%, “construction” in third place with 9.4%, “transportation, storage and communications” in fourth place, accounting for 8.4%, and “social and personal services” in fifth place with 6.6% of the total new companies.

Regarding the highest growth rates in the top five sectors for new companies joining the Dubai Chamber of Commerce in the first half of this year, the construction sector came in first place with a growth of 23.5% compared to the same period in 2023, followed by “Transportation, Storage and Communications” with 13.6%, then “Real Estate, Leasing and Business Services” in third place with a growth of 9.5%.