Dubai Chamber of Commerce records 80% growth in membership in H1

Dubai Chamber of Commerce records 80% growth in membership in H1

19 July 2022 – ARAB NEWS – www.arabnews.com

Dubai Chamber of Commerce records 80% growth in membership in H1

DUBAI: Dubai Chamber of Commerce witnessed a 80 percent growth in membership during the first half of 2022 compared to the same period last year, according to a press release issued by the Dubai Media office.

The chamber’s total membership grew to 308,000 as more than 21,000 companies joined the organization during the first six months of 2022.

The number of ATA Carnets, often referred to as ‘passport for goods’, issued during the period increased by 32 percent year on year to 2,236. The value of these ATA Carnets has reached 1.18 billion dirhams ($320 million).

The number of e-transactions increased 10 percent over the same period to reach over 378,000, the statement added.

“Following our record performance in the first half, we expect the positive momentum to continue and project new membership and total membership to reach 40,000 and 330,000 companies, respectively,” said Hamad Buamim, president and CEO of Dubai Chambers.

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