Dubai Business Forum 2023: Highlights Special

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Dubai's Focus on Africa

Dubai Chamber sees Africa as one of the most important markets for business and investment.
There are currently 19,000 active members of Dubai Chamber from Africa, with approximately 600 coming from South Africa.
The number of exports from Dubai Chamber members to Africa has shown steady growth, averaging more than 60%.
Dubai's strong logistic network, including its airlines and ports, makes it a global connector for doing trade with Africa.
Dubai Chamber has seven offices in Africa, covering all regions of the continent.
Dubai Chamber organizes outbound missions to Africa to increase trade and investment.

Dubai's airlines, such as Emirates, play a crucial role in connecting the city to the rest of the world.
Dubai focuses on attracting transit and stopover traffic to increase tourism and business opportunities.
Dubai Chamber works closely with airline partners to identify capacity and encourage travel to the city.
Dubai also looks for opportunities to open up new markets by instigating demand and working with local carriers from key source markets.

Dubai sees the digital economy as one of the fastest-growing sectors, touching various industries including real estate and fintech.
Fintech is the largest sector within the digital economy and is expected to continue growing.
Dubai aims to become a platform for companies to explore emerging markets and test new technologies.
The target for the digital economy in Dubai is to reach $150 billion by 2030.

Dubai has been using space as a platform for development and has made advancements in space exploration and technology.
The Emirates Mars mission and the ASNOA program have led to increased interest in the space sector from investors and businesses.
Dubai aims to be a hub for new technologies and innovation, attracting entrepreneurs and subject matter experts to create an environment for growth.

Dubai Chamber is actively expanding its presence in Africa, with increased offices and collaborations.
Dubai sees Africa as a significant growth opportunity, particularly in sectors such as consumer goods, commodities, and pharmaceuticals.
Dubai Chamber has signed agreements with companies to support their expansion in Africa, such as Luta Biofuels Inc. and Bioventes.
The MOU with Dubai Chamber of Digital Economy aims to facilitate the import of skills to Dubai and increase collaboration with international talent.
Dubai aims to create an environment where businesses can experiment, innovate, and grow, particularly in emerging markets.

Dubai acknowledges the challenges in the global economy, such as the green transition and inflation.
Dubai is committed to sustainability and has preparations for hosting COP28.
Dubai's growth strategy and development have been supported by its capital base and vision.
Dubai emphasizes the importance of partnerships, regulatory environment, and understanding the global landscape in promoting trade and investment.