Dubai Chamber of Commerce and Industry

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Emirate of Dubai
Dubai Chamber of Commerce and Industry
غرفة تجارة وصناعة دبي
Agency overview
Jurisdiction Dubai
Headquarters Rigga Al Buteen, Deira
Coordinates: 25°15′35″N 55°18′54″E / 25.25972°N 55.31500°E / 25.25972; 55.31500
Agency executives Abdul Rahman Al Ghurair, Chairman
Hamad Buamim, Director General
Website www.dubaichamber.com

Established in 1965, the Dubai Chamber of Commerce & Industry is a private non-profit organization, whose stated purpose is to support the business community in Dubai and promote Dubai as an international business hub. As of 2014 the Chairman of the Dubai Chamber was Abdul Rahman Saif Al Ghurair. Hamad Buamim is the Chamber’s CEO and President.[1][2]

Yacht docked in Dubai Creek.jpg
Deira on 1 May 2007 Pict 1.jpg
Water bus in Dubai Creek.jpg

History[edit]

The Dubai Chamber was established by a decree issued by the late Ruler of Dubai, Sheikh Rashid bin Saeed Al Maktoum in 1965. Dubai Chamber started its activities with 450 members and a 12-member board of directors. The number of members increased to over 150,000, from all economic sectors, in 2013. There are 24 board members.[3]

Memberships[edit]

The Chamber created 27 business groups that are divided by industry, and 43 business councils that are divided by country.[4]

Services[edit]

Services of the Dubai Chamber include: issuing of Certificates of Origin and ATACarnets; legal services; arbitration and mediation; organizing trade fairs and economic forums; organizing training programs for entrepreneurs; serving business groups and councils; credit rating services; contract drafting; business matching services; providing access to updated research and numerous reports. In 2012, in partnership with the International Chamber of Commerce (ICC), the Dubai Chamber launched the first ICC Regional Banking Commission Middle East and North Africa (MENA), a chapter of ICC’s rule-making body for the banking industry.

In 2012, in partnership with the International Chamber of Commerce (ICC), the Dubai Chamber launched the first ICC Regional Banking Commission Middle East and North Africa (MENA), a chapter of ICC’s rule-making body for the banking industry.[5][6][7]

Later the Chamber launched the International Business Network, to help global businesses set up in Dubai. It is the first organisation of its kind in the Middle East to offer international membership.[8][9]

Local and international Offices[edit]

Dubai Chamber has the head office in Deira and another branch in Jebel Ali Free Zone Authority (JAFZA). Representative offices are located in Dubai Airport Free Zone (DAFZA) and the Land Transport Customs Building in Al Aweer.

The Dubai Chamber opened representative offices in Baku, Azerbaijan and in Addis Ababa, Ethiopia. As of 2013 twenty more were expected to open in emerging markets.[10][11]

Trade missions[edit]

To identify and assess investment opportunities overseas, the Dubai Chamber conducts sector or country specific trade missions. In 2012 it organized trade missions to the US, Ethiopia, Azerbaijan, Germany and India. In 2013 it organized a trade mission to Uzbekistan and Kazakhstan.[12][13][14][15]

Awards[edit]

The Dubai Chamber launched the Mohammed Bin Rashid Al Maktoum Business Award in 2005. The award recognizes and rewards firms that contribute to the UAE's economic development. It is the highest level of recognition for business excellence that an organization in the UAE can achieve.[16]

Entrepreneurship[edit]

In 2013, in cooperation with the private office of Sheikh Majid bin Mohammed bin Rashid Al Maktoum, Chairman of Dubai Culture and Arts Authority, the Dubai Chamber launched Tejar Dubai, an entrepreneur development programme that aims to help young Emiratis turn their business ideas into realities.[17]

Environment[edit]

In 2009 the Dubai Chamber of Commerce and Industry achieved LEED certification for their building based on the U.S. Green Building Council (USGBC) LEED for Existing Buildings (LEED-EB v2.0). The Chamber became the first existing building in the Middle East and fourth outside North America to achieve the LEED certification for Existing Buildings.[18]

Dubai Chamber’s green building initiatives reduced its water consumption by approximately 77%, and its energy consumption by 47% between 1998 and 2008, leading to accumulated savings of around AED7.1 million. The Dubai Chamber won the CSR Company of the Year award at the inaugural Gulf Business Industry Awards in 2012.[19]

In 2011 the Dubai Chamber launched the CSR Label that recognizes companies that have made a positive impact on the community and demonstrated a commitment to best practices in Corporate Social Responsibility (CSR).[20]

Events[edit]

In 2013 the Dubai Chamber organized and hosted the annual Africa Global Business Forum 2013, where more than 4,500 people came to discuss business opportunities in Africa.[21][22][23]

See also[edit]

References[edit]

  1. ^ "Africa Global Business Forum to become an annual event". Retrieved 9 January 2014. 
  2. ^ Bhatia, Rushika. "Dubai Chamber explores CIS region". Retrieved 9 January 2014. 
  3. ^ "Certificate of Origin - Dubai Chamber". Retrieved 9 January 2014. 
  4. ^ Bitar, Zaher. "Business councils in Dubai to be treated as commercial institutions". Retrieved 9 January 2014. 
  5. ^ Bitar, Zaher. "Dubai Chamber hopes ratings service will attract investment". Retrieved 9 January 2014. 
  6. ^ "Dubai Chamber highlights its services to its members in Jebel Ali". YouTube. Retrieved 9 January 2014. 
  7. ^ "Dubai Chamber embraces over 7000 new firms in H1 2013 - See more at: http://www.theintelligentsme.com/2013/08/dubai-chamber-embraces-over-7000-new-firms-in-h1-2013/#sthash.vG5ioLYv.dpuf". Retrieved 9 January 2014. 
  8. ^ "Dubai Chamber Opens its Doors to International Businesses". Retrieved 9 January 2014. 
  9. ^ "Dubai Chamber launches online business community". Retrieved 9 January 2014. 
  10. ^ Basit, Abdul. "Dubai Chamber posts 7% growth". Retrieved 9 January 2014. 
  11. ^ "Dubai Chamber to open rep office in Ethiopia". Retrieved 9 January 2014. 
  12. ^ "TRADE MISSIONS". Retrieved 9 January 2014. 
  13. ^ "Dubai Chamber explores CIS region". Retrieved 9 January 2014. 
  14. ^ "Press Release: Dubai Chamber trade mission leaves for Hamburg, Germany". Retrieved 9 January 2014. 
  15. ^ Basit, Abdul. "Dubai-Azerbaijan ties to grow". Retrieved 9 January 2014. 
  16. ^ "Awards". Retrieved 9 January 2014. 
  17. ^ "Shaikh Majid launches Tejar Dubai to nurture Emirati entrepreneurs". Retrieved 9 January 2014. 
  18. ^ "DUBAI CHAMBER OF COMMERCE AND INDUSTRY". Retrieved 9 January 2014. 
  19. ^ "Dubai Chamber wins CSR Company of the Year award". Retrieved 9 January 2014. 
  20. ^ "Dubai benchmarks corporate social responsibility". Retrieved 9 January 2014. 
  21. ^ "4,500 Delegates Attend Africa Global Business Forum 2013". Yahoo.com. Retrieved 9 January 2014. 
  22. ^ "Africa Global Business Forum to become an annual event". Retrieved 9 January 2014. 
  23. ^ "Global Business Forum". Retrieved 9 January 2014. 

External links[edit]