According to Amac News: Citing the announcement of the Dubai International Chamber of Commerce, the purpose of setting up this office is to strengthen economic relations and support the growth of business, trade and investments between the business communities of Dubai and Kazakhstan.
With the opening of this office, the number of international offices of Dubai International Chamber will increase to 32. This move is said to be part of the "Dubai Global" initiative, which seeks to establish 50 representative offices around the world by 2030 to attract foreign direct investment, international businesses and outstanding global talent to Dubai.
The opening of this office indicates the increase of economic relations between Dubai and Kazakhstan. Non-oil trade between these two markets reached a value of 14 billion dirhams last year, which represents an annual growth of 82%.
In the first nine months of this year, 187 new companies from Kazakhstan have joined the Dubai Chamber of Commerce, increasing the total number of active companies from this country to 668 by the end of September.
Mohammed Ali Rashid Lootah, President and CEO of Dubai Chambers, said about the opening of this office that the purpose of expanding the global network of these offices is to strengthen Dubai's position as a leading financial and business center.
He said that these agencies play an important role in attracting companies and investments to Dubai, increasing bilateral trade between the markets of Dubai and the host country, and improving cooperation opportunities between business communities.
Likewise, the Almaty office of the Dubai International Chamber of Commerce will support the business community of Kazakhstan and strengthen relations with public and private partners.
In addition, the Almaty office will provide support and guidance to Dubai-based companies looking to expand into Kazakhstan, providing market insights and business introductions.
The office will also connect local companies in the emirate with credible stakeholders and potential partners who can help them enter Kazakhstan and expand their operations.
With the opening of this office, the number of international offices of Dubai International Chamber will increase to 32. This move is said to be part of the "Dubai Global" initiative, which seeks to establish 50 representative offices around the world by 2030 to attract foreign direct investment, international businesses and outstanding global talent to Dubai.
The opening of this office indicates the increase of economic relations between Dubai and Kazakhstan. Non-oil trade between these two markets reached a value of 14 billion dirhams last year, which represents an annual growth of 82%.
In the first nine months of this year, 187 new companies from Kazakhstan have joined the Dubai Chamber of Commerce, increasing the total number of active companies from this country to 668 by the end of September.
Mohammed Ali Rashid Lootah, President and CEO of Dubai Chambers, said about the opening of this office that the purpose of expanding the global network of these offices is to strengthen Dubai's position as a leading financial and business center.
He said that these agencies play an important role in attracting companies and investments to Dubai, increasing bilateral trade between the markets of Dubai and the host country, and improving cooperation opportunities between business communities.
Likewise, the Almaty office of the Dubai International Chamber of Commerce will support the business community of Kazakhstan and strengthen relations with public and private partners.
In addition, the Almaty office will provide support and guidance to Dubai-based companies looking to expand into Kazakhstan, providing market insights and business introductions.
The office will also connect local companies in the emirate with credible stakeholders and potential partners who can help them enter Kazakhstan and expand their operations.
