United Arab Emirates News

Dubai Chambers Partners with London Chamber of Commerce and Industry

New agreement aims to strengthen economic ties, foster collaboration, and support mutual investments between Dubai and London

Dubai Chambers and London Chamber of Commerce Sign MoU to Boost Bilateral Trade

A Memorandum of Understanding (MoU) has been inked by Dubai Chambers and the London Chamber of Commerce and Industry to facilitate the growth and expansion of bilateral investment and commercial ties.

Through the agreement, the business communities in Dubai and London would be able to work together more effectively in joint projects.

Under the terms of the MoU, Dubai Chambers will assist London-based companies from various sectors to expand and develop their operations in Dubai.

The agreement will also contribute to the development of trade and investment relations at the local and regional levels, enhancing Dubai as a hub.

“Fatehi said: “This is a testament to what can be achieved when visionary leaders, members and communities come together to create a shared future. We will continue to work hand in hand, innovate together, and shape a future where the strength of our collaboration is the foundation of our shared success.”

According to him, the London Chamber of Commerce and Industry will provide support to investors and businesses from Dubai and facilitate investments and partnerships within London’s business community.

Through these efforts, we contribute to building bridges of cooperation with business communities around the world, supporting economic growth and creating new opportunities in line with the aspirations of investors and businessmen in various sectors,” he added.

According to Fatehi, this demonstrates what is possible when communities, members, and visionary leaders work together to create a shared future. Let us keep cooperating, coming up with new ideas, and creating a future where our ability to work together is the cornerstone of our success as a team.

“The London Chamber of Commerce and Industry will support Dubai-based businesses and investors and facilitate partnerships and investments within the London business community,” he said.

The agreement outlines cooperation in trade fairs, investment missions, conferences and exhibitions, and the sharing of trade and economic data.

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