Dubai Chamber opens representative office

Being part of global initiative, it seeks to strengthen trade, investment

KARACHI:

The Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has launched a new international representative office in Karachi, with the goal of strengthening trade and investment between Pakistan and Dubai.

The opening of the office comes as part of the 'Dubai Global' initiative, which seeks to establish 50 representative offices around the world by 2030, said a press statement issued on Tuesday.

Dubai Chambers President and CEO Mohammad Ali Rashed Lootah stated: "The inauguration of our new office marks a strategic step that reflects our firm commitment to strengthening the robust economic partnership between Dubai and Pakistan. We aim to broaden the scope of bilateral cooperation between our business communities and advance our vision to create new paths for the flow of trade and investments. This will help drive mutual growth and enhance the ability of Pakistani companies to capitalise on emerging opportunities in Dubai."

The inauguration comes at a time of notable growth in business relations between the two markets. Pakistan's non-oil trade with Dubai reached over Rs1.74 trillion in 2024.