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Wednesday, November 29, 2023

Dubai International Chamber has successfully drawn the interest of six international companies.

Dubai International Chamber, one of the entities under Dubai Chambers, has successfully enticed six global companies to establish their presence in Dubai. This achievement was marked by the signing of six Memoranda of Understanding (MoUs) during the Dubai Business Forum, highlighting the chamber’s dedication to its strategic priorities of attracting global investments to the emirate.

These agreements involved five multinational companies, including Shenzhen Meiniao Technology from China, Temla Consumer Products from India, Sensedynamic Fashion, Metal Power, and House of Indonesia. Additionally, an MoU was signed with Dynamox, an SME from Brazil.

The collective value of these agreements exceeds $300 million, with each company bringing unique expertise to the Dubai market, spanning technology solutions, healthy snacks, fashion e-commerce, spectrometry, travel services, and vibration monitoring solutions.

The signing ceremony took place at The Deals Hub, a platform within the Dubai Business Forum that fosters impactful business collaborations and investments, reinforcing Dubai’s global standing as a hub for international trade and commerce. The forum, held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, serves as a platform for government and private sector stakeholders to explore economic partnerships and expand business horizons on a global scale.

(Courtesy WAM)

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