Dubai to Have 50 Commercial Representative Offices in 5 Continents
- Publish date: Tuesday، 28 June 2022
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H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, launched ‘Dubai Global’, an initiative to establish 50 integrated commercial representative offices for Dubai in five continents across the world during the next few years.
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Sheikh Hamdan bin Mohammed said: "Dubai provides advanced infrastructure, a flexible and effective legislative framework, and world-class services that ensure sustainability and growth for all companies operating in the emirate," he said.
"Our goal is to globalise our national companies, attract global investments, and add new markets to our global business lines.
"Our goal is to open 30 new markets, attract thousands of investors, and build the world’s best economic environment," he added.
"We will double our economy over the next few years, establish the best business environment in the world, and be No. 1 in quality of life," he further said.
From the headquarters of Dubai Chambers, I launched ‘Dubai Global’, an initiative to establish 50 representative offices for Dubai on five continents. Our goal is to globalise our national companies, attract global investment, and add new markets to our global business lines. pic.twitter.com/cZub9jr2Qr
— Hamdan bin Mohammed (@HamdanMohammed) June 28, 2022
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The commercial representative offices will provide specialised services, such as market research which includes detailed information about each market and its working mechanisms, and the legislative and procedural aspects to help companies take correct decisions.
The offices will also provide establishing and starting-up services, including logistical support and detailed information on commercial globalisation, aiming to "globalise" Dubai companies and promote their expansion in new markets.
The office network will be responsible for cooperating with a large group of specialised international companies to enable Dubai businesses to expand in their target overseas markets successfully.