As part of its strategy to expand its global membership base and to promote Dubai as a major destination for business and finance, the Dubai Chamber of Commerce and Industry launched an online business community, International Business Network (IBN), for global businesses looking to expand their footprint in Dubai and to do business in one of the fastest growing economies in the world.

The online network, which also comes as part of the Chamber’s strategy to enhance the competitiveness of Dubai businesses in the overseas markets, offers a wide variety of benefits currently available only to Dubai Chamber members including business setting up advice, business matching opportunities with potential local partners, contract drafting services for new businesses, use of the Chamber’s business lounges and meeting facilities, and discounted rates for networking events and business conferences.

H.E. Hamad Buamim, Director General, Dubai Chamber, stated that Dubai Chamber is the first chamber of commerce in the Middle East to offer this online network which is a unique and innovative product offering easy investment options for overseas businesses while opening up the doors of opportunities for its members in new markets of the world.

He further stated that the IBN is an integral part of Dubai Chamber’s new business strategy which seeks to expand its membership network globally while promoting Dubai as a lucrative business and investment destination which is in line with the vision of H.H. Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice-President and Prime Minister and Ruler of Dubai.

The Director General of Dubai Chamber said, “Dubai is one of the fastest growing economies in the world. It is a strategic and dynamic hub for global commerce with unparalleled infrastructure, low operational costs and an international outlook that makes it an attractive investment destination.

“Now, through this online network we can showcase what Dubai has to offer to global investors as by becoming a member and through the payment of a nominal annual fee they can download all the relevant information and studies related to the investment environment of the emirate and can also obtain important details about the ease of doing business here,” he added.

The International Business Network also offers access to valuable research documents, including specialised country reports quarterly business outlook updates, credit rating services, and economic studies which will enable global members with their decision to set up businesses in the emirate.

Global companies interested in joining the membership can visit the Dubai Chamber of Commerce and Industry website www.dubaichamber.com to get more details of this initiative.