Dubai is taking further steps to enhance its position as one of the best business hubs globally.
A network of 50 representative offices will be established across five continents over the next few years to promote the emirate around the world.
Dubai-based companies will also receive logistical support to expand their operations in more than 30 promising markets.
The move is part of the 'Dubai Global' initiative announced by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai.
"Our goal is to globalise our national companies, attract global investments, and add new markets to our global business lines," said Sheikh Hamdan.
"We will double our economy over the next few years, establish the best business environment in the world, and be No. 1 in quality of life," he added.
From the headquarters of Dubai Chambers, I launched ‘Dubai Global’, an initiative to establish 50 representative offices for Dubai on five continents. Our goal is to globalise our national companies, attract global investment, and add new markets to our global business lines. pic.twitter.com/cZub9jr2Qr
— Hamdan bin Mohammed (@HamdanMohammed) June 28, 2022
The network of 50 commercial representative offices will operate as part of Dubai Chambers and in partnership with several government and semi-government entities.
The offices will provide specialised services, such as market research which includes detailed information about each market and its working mechanisms, and the legislative and procedural aspects to help companies take correct decisions.
They will also provide establishing and starting-up services, including logistical support and detailed information on commercial globalisation, aiming to “globalise” Dubai companies and promote their expansion in new markets.
Dubai handles 11% of global freight traffic through its ports and invests billions in expanding its air and sea cargo connectivity with over 400 global cities. Dubai is the most diversified and fast-growing city. The ‘Dubai Global’ initiative seeks to narrate our story.
— Hamdan bin Mohammed (@HamdanMohammed) June 28, 2022
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