Dubai Chamber, Enterprise Ireland Signs Partnership

The Dubai Chamber of Digital Economy, one of the three chambers operating within Dubai Chambers, has entered into a memorandum of understanding (MoU) to establish a strategic partnership with Enterprise Ireland, the Irish government’s trade and innovation agency, and Europe’s top VC in terms of deal count. This collaborative agreement, signed at Dubai Chambers headquarters, aims to create a digital connection between the two nations, streamlining attraction and expansion processes for companies based in Ireland and Dubai.

In attendance at the signing were key figures such as Omar Sultan Al Olama, Chairman of Dubai Chamber of Digital Economy and Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications; Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers; and Saeed Al Gergawi, Vice President of Dubai Chamber of Digital Economy. Representing the Republic of Ireland were Minister Dara Calleary, Minister of State for Trade Promotion, Digital and Company Regulation; Alison Milton, Ambassador of the Republic of Ireland to the UAE; and Leo Clancy, CEO of Enterprise Ireland.

The strategic agreement aims to foster collaboration and partnerships between companies in Dubai and Ireland, with a focus on creating opportunities in technology, manufacturing, clean energy, and environmental, social, and governance practices. Furthermore, it seeks to strengthen economic ties, facilitating Irish companies’ expansion into the MENA region.

This MoU endeavors to create opportunities for small businesses in digital technologies between Ireland and Dubai, offering a platform for exploring increased bilateral exports. Additionally, it aims to establish a foundation for cross-cultural training and capacity building to facilitate business interactions across diverse cultures and languages.

Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, emphasized the significance of the partnership in positioning Dubai as a global business hub, fostering innovation, creating opportunities, and supporting the growth of the digital economy. Leo Clancy, CEO of Enterprise Ireland, highlighted the demand for Irish innovation in Dubai and the UAE, expressing the intention to collaborate to drive growth, innovation, and success for businesses in both regions. The Dubai Chamber of Digital Economy plays a crucial role in realizing Dubai’s vision as a global center for technology and innovation, aligning with the goals of the Dubai Economic Agenda (D33).