To increase trade, Dubai Chambers created a new international office in Sydney, Australia by joining forces with the Australia Arab Chamber of Commerce & Industry (AACCI) and signing a Memorandum of Understanding.
The inauguration of the new office is in accordance with the strategic goal of the Dubai International Chamber, which aims to maximise commercial possibilities in global priority markets and support Dubai companies' international business expansion goals.
The Chamber now has 17 representation offices worldwide thanks to the opening of its second new office in Sydney in 2023.
With Margaret Beazley AC KC, Governor of New South Wales, and Moin Anwar, Trade and Investment Commissioner (Middle East) for the New South Wales Government in attendance, Abdul Aziz Al Ghurair, Chairman of Dubai Chambers, presided over the inauguration. The MoU between the two chambers was signed in front of a group of representatives from the Australian Business Council, as well as Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, and Mohamed Hage OAM, President and National Chairman of the Australia Arab Chamber of Commerce and Industry.
Al Ghurair said: “Today’s office inauguration and the signing of a trade-boosting MoU with our friends at the Australia Arab Chamber of Commerce & Industry not only serves to highlight our existing strong trading partnership, but also underlines our redoubled commitment to working together more closely to foster mutually beneficial business agreements.”
The newest office launching in Sydney is in line with Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum's vision, "Dubai Global," which aims to construct 50 representative offices for Dubai across five continents by the year 2030. Dubai Global to increase Dubai's non-oil foreign trade to AED2 trillion ($540 billion) by 2026 with the help of critical governmental and private sector partners.