Dubai World opens a representative office in Bogota

Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has opened a new external representative office in the Colombian capital, Bogotá, with the aim of strengthening economic relations and supporting the growth of trade and investment ties between the business communities in Dubai and Colombia.

With the opening of the new office in Bogotá, Dubai International Chamber increases the number of its external representative offices to 33.

This step comes within the framework of the “Dubai Global” initiative, which aims to establish 50 representative offices around the world by 2030, in order to contribute to consolidating Dubai’s pivotal role as a leading global business center by attracting foreign direct investments and supporting the international expansion of companies based in Dubai. In 30 new markets around the world.

The opening of the new office also comes with the growth of economic relations between Dubai and Colombia, as the total volume of non-oil trade exchange reached 1.9 billion dirhams during the past year, a growth of 51.5% on an annual basis, while the total number of active Colombian companies registered as members of the Dubai Chamber of Commerce reached 131 companies. By the end of September of this year.

Director General of Dubai Chambers, Mohammed Ali Rashid Lootah, said: “We are committed to expanding our global network of offices with the aim of strengthening Dubai’s trade and investment ties internationally, and consolidating the emirate’s position as a preferred destination for business in all sectors.”

The Bogota office will play a vital role in supporting companies in both markets, enhancing cooperation with the Colombian business community, as well as building solid relationships with all partners in the public and private sectors, with the aim of attracting companies and investors from Colombia and Latin America to Dubai. The new office will also highlight Dubai’s competitive advantages.

. 131 active Colombian companies registered as members of the Dubai Chamber of Commerce by the end of September.