Dubai International Chamber hosts event to drive international growth of local businesses

DUBAI, 13th September, 2023 (WAM) — Dubai International Chamber, one of the three chambers operating under Dubai Chambers, has hosted the second event in its Global Expansion Series, which aims to support the international growth of local companies a…


DUBAI, 13th September, 2023 (WAM) — Dubai International Chamber, one of the three chambers operating under Dubai Chambers, has hosted the second event in its Global Expansion Series, which aims to support the international growth of local companies and promote their expansion into global markets. The event attracted representatives from more than 70 companies, including c-suite executives and key decision makers from ready-to-expand companies and SMEs in the construction, building materials, automotive, electronics, and commodities sectors, as well as established export houses. Attendees benefitted from a comprehensive overview of the international support services provided by the chamber both in Dubai and through its international offices, including a dedicated support channel for business matching, financial payment gateway options, and insurance solutions. The Global Expansion Series offers access to networking opportunities, timely market intelligence, and valuable guidance on entering international mark
ets through exports and investment. A business expansion success story supported by the chamber was also presented during the session. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, commented, “Our Global Expansion Series is instrumental in supporting local companies with their global ambitions. We assist Dubai-based businesses throughout every stage of their overseas expansion journey and connect companies with trusted stakeholders who can help them scale their operations internationally. “This series of events is designed to enhance our member’s ability to access new markets by connecting them with the right partners and stakeholders in countries across the globe.” Launched to support the objectives of the Dubai Global initiative, the Global Expansion Series helps companies explore effective strategies to enter their target markets and provides information on trade finance and export credit solutions to overcome financial barriers to international trade.



Source: Emirates News Agency

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