“The UAE is the third largest trading partner for India and synergizes the scope of business opportunities for stakeholders,” he said. “The trade pact will aid in taking forward the two-way trade to $100 billion in five years from the existing $60 billion. This is a joint effort to combine the vision of both nations,” said Deepak Sood, Secretary General, Associated Chambers of Commerce and Industry of India.

The announcement was made at a recent meeting at the Chamber’s headquarters, which was attended by H.E. Hamad Buamim, President & CEO of Dubai Chambers, H.E. Mrs. Orna Barbivay, Israeli Minister of Economy and Industry, and H.E. Amir Hayek, Israel’s Ambassador to the UAE, as well as representatives from the embassy, ministry, and Dubai Chambers.

Under the new structure, three chambers of commerce, namely Dubai Chamber of Commerce, Dubai International Chamber, and Dubai Chamber of Digital Economy, operate under Dubai Chambers, each with their own distinct brand, strategy, and approach.The announcement follows the adoption of Dubai Chambers’ 2022-2024 strategy earlier this year, which expands its role as an important organization supporting Dubai’s economic growth.

Dubai Chamber of Commerce, in cooperation with PWC, recently organised a workshop for businesses that examined the legal and practical aspects of data privacy in the UAE.

GBF LATAM 2022, organized by Dubai Chamber of Commerce in collaboration with Expo 2020 Dubai, took place March 23-24, with the theme Towards a Resilient Future.