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ADNOC Gas awards contracts

The $2.1bn contracts are aimed at enhancing LNG supply infrastructure.

ADNOC L&S buys stake in Navig8

The company will acquire the remaining stake in mid-2027.

DAE to acquire Nordic Aviation Capital

The terms of the transaction have not been disclosed.

Emirates’ first A350 takes flight

The airline operated the inaugural flight from Dubai to Edinburgh.

NDMC arranges $2.5bn credit facility

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Dubai Chambers adds 56,000 new members during 2022

The membership grew by 20 percent in 2022. (WAM)
  • The Chambers said the exports and re-exports of its members grew by 20 percent in 2022, totaling AED272.7 billion.
  • Dubai International Chamber opened four new international offices in 2022, growing its international network to 15 offices.

Dubai, UAE–Dubai Chambers’ membership increased by 20 percent in 2022 to 347,600, adding 56,000 new members during the year.

In a statement, the Chambers said the exports and re-exports of its members grew by 20 percent in 2022, totaling AED272.7 billion.

Dubai International Chamber opened four new international offices in 2022, growing its international network to 15 offices. During the year, the international offices conducted 2,031 meetings with investors.

Another significant accomplishment for the chamber was attracting five multinational corporations and 16 small and medium-sized enterprises (SMEs) to Dubai, as well as assisting nine Dubai-based companies in expanding to new global markets, the statement said.

Dubai Chamber of Digital Economy conducted international outreach in collaboration with other relevant government entities, which resulted in attracting 203 tech entrepreneurs and experts as well as 54 high-potential start-ups to Dubai.