A current evaluation by Dubai Chamber of Commerce, one of many three chambers working below the umbrella of Dubai Chambers, has revealed that Indian traders continued to prime the record of latest non-Emirati corporations becoming a member of the chamber throughout the first 9 months of 2024, with 12,142 new corporations. The findings spotlight Dubai’s robust attraction amongst Indian traders and entrepreneurs.
Pakistan ranked second on the record with 6,061 new corporations becoming a member of between Q1-Q3 2024, whereas Egypt adopted with 3,611 new corporations registering as members of the chamber.
The variety of new Syrian corporations becoming a member of the Chamber throughout the first 9 months of the 12 months reached 2,062, putting the nation fourth among the many prime nationalities of latest member corporations.
The UK ranked fifth with 1,886 new corporations becoming a member of the chamber, whereas Bangladesh ranked sixth with 1,669 new Bangladeshi corporations becoming a member of between Q1-Q3 2024.
Iraq secured seventh place on the record with 1,346 new member corporations, and China claimed the eighth spot with 1,109 new corporations becoming a member of the chamber’s membership.
Jordan ranked ninth on the record, with 1,069 new Jordanian corporations registering as members of the chamber. Sudan claimed the tenth spot, with 1,007 new corporations becoming a member of the chamber’s membership throughout the first 9 months of the 12 months.
Sectors of New Member Firms
By way of the sectoral distribution of latest member corporations becoming a member of the chamber between Q1-Q3 2024, the commerce and providers sector ranked first, accounting for 41.5% of the overall. The actual property, renting, and enterprise providers sector got here in second place, representing 33.3% of the overall. This was adopted by the development sector in third place on 10.4%, and the transport, storage, and communications sector, which ranked fourth with 8.6%. The social and private providers sector got here in fifth place on 6.8%.
