Dubai, UAE– More than 27,100 companies have joined as new members of the Dubai Chamber of Commerce in the first eight months of 2022, marking a 69 percent year-over-year (y-o-y) increase and bringing total membership to over 314,000.
Dubai Chamber of Commerce, which is one of three chambers operating under Dubai Chambers, said between January and August 2022, member exports and re-exports increased over 20 percent y-o-y to reach AED177 billion ($48.18 billion).
More than 476,000 Certificates of Origin were issued by the Chamber between January and August 2022, a growth of 9.8 percent compared to the same period last year. A total of 2,674 ATA Carnets, an international customs document allowing the temporary import of goods for a period of one year imposing without any fees or taxes, were issued by the Chamber and received by the UAE, growing 22.2 percent y-o-y over the same period and accounting for a value of AED1.33 billion.
Meanwhile, over 642,000 electronic transactions were processed by the Chamber, increasing 12.7 percent y-o-y following the 100 percent digital transformation of Chamber core services and the organisation’s success in meeting the targets of the Dubai Paperless Strategy.
Abdul Aziz Al Ghurair, Chairman of Dubai Chambers, said the growth reflects positive impact of Dubai Chambers’ specialised approach to supporting member companies with global expansion and improving ease of doing business in Dubai.
