Dubai Chamber of Commerce, one of the three chambers under Dubai Chambers, has announced the creation of the Indonesian Business Council. This new initiative is designed to boost trade and investment relations, foster business opportunities, and strengthen collaboration between the business communities of Dubai and Indonesia. With the establishment of this council, the total number of Business Councils operating under the chamber has risen to 59.
The launch of the Indonesian Business Council reflects Dubai’s growing appeal to Indonesian businesses and investors. Non-oil bilateral trade between Dubai and Indonesia surpassed AED 10 billion during the first nine months of 2024, underlining the strong commercial ties between the two markets. The number of Indonesian businesses registered as active members of Dubai Chamber of Commerce achieved annual growth of 60% last year to reach 160 by the end of December 2024.
The first annual general meeting of the Indonesian Business Council was recently held at Dubai Chambers' headquarters. Members discussed ways to enhance collaboration, organise bilateral business events, and explore emerging opportunities, as well as exchanging expertise and valuable market insights.
Maha Al Gargawi, Vice President of Business Advocacy at Dubai Chambers, commented, “Business Councils play a vital role in strengthening trade and investment ties by providing interactive platforms for dialogue and cooperation between business communities. We are committed to empowering Business Councils to support companies in exploring new opportunities, expanding cooperation, and enhancing the private sector’s competitiveness, all of which contribute to sustainable economic growth in Dubai.”
As part of its ongoing efforts to deepen trade and investment ties between Dubai and Indonesia, Dubai International Chamber opened a representative office in Jakarta in 2023. Building on this progress, the chamber organized 200 bilateral business meetings in Jakarta in May 2024, connecting 17 Dubai-based companies with Indonesian businesses. The ‘Doing Business with Indonesia’ forum held during the trade mission attracted a record 472 participants, including high-ranking officials, business leaders, and local Indonesian companies eager to explore partnership opportunities with Dubai’s business sector. This strong turnout highlights the increasing interest from Indonesia’s private sector in collaborating with Dubai-based companies.