A recent analysis by the Dubai Chamber of Commerce, one of the three chambers under Dubai Chambers, revealed that Indian investors accounted for the largest share of new non-Emirati companies joining the chamber in the first nine months of 2024. A total of 12,142 Indian companies registered during this period.
Pakistan ranked second with 6,061 new companies joining between Q1 and Q3 2024, followed by Egypt with 3,611 new member companies. Syria came in fourth place with 2,062 new companies, while the United Kingdom ranked fifth with 1,886 companies joining the chamber.
Bangladesh ranked sixth with 1,669 new companies, followed by Iraq in seventh place with 1,346 companies. China claimed the eighth spot with 1,109 new companies registering as members, while Jordan ranked ninth with 1,069 companies. Sudan rounded out the top ten nationalities with 1,007 new companies joining the chamber’s membership during the first three quarters of 2024.
In terms of sectoral distribution, the trade and services sector led the new member registrations, accounting for 41.5% of the total. The real estate, renting, and business services sector followed in second place at 33.3%. The construction sector ranked third with 10.4%, while the transport, storage, and communications sector came in fourth at 8.6%. The social and personal services sector accounted for 6.8% of the new registrations, placing fifth.
