Dubai International Chamber attracts growing number of SMEs from diverse global markets

The Dubai International Association has been very successful in attracting small and medium enterprises (SMEs) from all parts of the world to set up business activities in Dubai.

According to data released by the Association, a total of 104 SMEs were attracted to Dubai throughout 2023.

Countries within close geographic proximity to Dubai have long viewed it as a strategic location for business expansion given the cultural and economic ties.

However, the Chamber’s growing international network of representative offices is helping to bring more opportunities from further afield as well.

Latin America and Europe each accounted for 26% of SMEs respectively. This highlights Dubai’s growing success in diversifying its trade partnerships well beyond its traditional spheres of influence.

On the sectoral front, trade and logistics topped the list at 17% of attracted SMEs – reflecting Dubai’s central position astride global trade flows.