Dubai Chamber Office – Bogotá Supports UAE-Colombia Ties
Dubai International Chamber has inaugurated a new overseas representative office in Bogotá, Colombia.
This move aims to strengthen economic ties and foster growing trade and investment links between the business communities of Dubai and Colombia.
Mentioning that Dubai Chamber overseas representative offices have increased to 33, after the opening of Colombia office.
Dubai Global Initiative
This step is part of “Dubai Global initiative”.
The initiative aims to establish 50 representative offices worldwide by 2030.
Mentioning that it contributes to solidifying Dubai’s pivotal role as a leading global business hub.
By attracting foreign direct investment and supporting the international expansion of Dubai-based companies into 30 new markets worldwide.
Moreover, the opening of the new office coincides with the growth of economic relations between Dubai and Colombia.
Non-oil trade between the two countries reached AED 1.9 billion last year, recording an increase of 51.5% in comparison with 2022.
Adding that total active registered Colombian companies reached 131 by the end of September 2024.
Latin American Market … A Key Promising Market
Commenting on the opening of Dubai Chamber – Colombia, His Excellency Mohammed Ali Rashid Lootah, Director General of Dubai Chambers, said:
“We are committed to expanding our global network of offices.
In order to strengthen Dubai’s trade and investment ties internationally.
And also to consolidate the emirate’s position as a preferred business destination across all sectors.
This is achieved by contributing to attracting foreign direct investment to Dubai.
Besides supporting the efforts of companies operating in the emirate to expand into promising global markets.
Latin American markets are among the key markets with promising potential.
They are also important in our plans to enhance trade and investment.”
Importance of Dubai Chamber Office in Colombia
Bogotá office will play a vital role due to the following:
- It supports the companies of both markets
- It fosters cooperation with the Colombian business community
- It builds strong relationships with all stakeholders in both the public and private sectors
On this day.. December 12, 2012.. The late Sheikh Khalifa bin Zayed Al Nahyan, may God bless his soul, opened Khalifa Port in Abu Dhabi. The port is distinguished by its deep waters, its extensive international network, and its strategic location that connects Europe and the West… pic.twitter.com/oiaXw0hqrv
— UAE Voice (@uae_voiceeng) December 12, 2024
Dubai Chamber office in Colombia will also promote Dubai’s competitive advantages.
Besides that it will share investment information to assist Colombian companies seeking to enter “Dubai market” the gateway of global expansion.
It will also provide support and advice to Dubai-based companies planning to expand into Colombia.
This will be done by providing market information and identifying business opportunities.
As well as connecting local companies with trusted stakeholders and potential partners.
