emirates7 - Dubai Chamber of Commerce, one of the three chambers under the Dubai Chambers umbrella, successfully facilitated 180 bilateral business meetings between Dubai-based companies and their Philippine counterparts.
These meetings in Manila marked the first leg of the chamber’s trade mission to Southeast Asia, covering both the Philippines and Thailand. This mission is part of the ‘New Horizons’ initiative, designed to support the global expansion of local firms into promising international markets.
The delegation to the Philippines included representatives from 17 private sector companies in Dubai, representing a wide range of industries such as food and beverages, agriculture, automotive, construction, electronics, hospitality, human resources and services, industrial lubricants, investment, and perfume retail.
Salem Al Shamsi, Vice President of International Relations at Dubai Chambers, emphasized the chamber’s commitment to opening new trade opportunities between Dubai and high-potential global markets. He noted that the Philippines trade mission aligns with their ongoing efforts to facilitate meaningful international growth for local businesses and strengthen investment relationships globally. These initiatives help reinforce Dubai’s status as a major global trade hub and contribute to the growth of its non-oil export sector.
During the mission, Dubai Chamber of Commerce organized a business forum in Manila titled ‘Doing Business with the Philippines.’ The event was held in partnership with the UAE Embassy in Manila, the Philippine Chamber of Commerce and Industry, the Philippines Board of Investment, the Department of Trade and Industry (DTI) - Export Marketing Bureau, and the Consulate General of the Philippines in Dubai.
The forum featured speeches from Enunina V. Mangio, President of the Philippine Chamber of Commerce and Industry, and Ma. Anna Kathryna Yu-Pimentel, Special Envoy to the UAE for Trade and Investment.
Attended by 314 participants, the forum also saw Dubai Chambers sign a Memorandum of Understanding with the Philippine Chamber of Commerce and Industry. This agreement aims to boost cooperation, deepen bilateral trade ties, and explore new areas of partnership between the business communities of Dubai and the Philippines.
Dubai Chambers also presented Dubai’s strategic advantages as a global business center, outlining potential cooperation opportunities and highlighting the competitive benefits Dubai offers to Filipino companies.
In 2024, non-oil trade between Dubai and the Philippines reached AED3.1 billion. By the end of that year, 2,154 Filipino companies were actively registered with Dubai Chamber of Commerce, reflecting an annual growth rate of about 37%.
Dubai Chamber identified key high-potential export sectors from Dubai to the Philippines, including leather, car parts, fertilizers, flat-rolled iron and steel, organic chemicals, and flooring materials.
Additionally, the chamber pointed to promising sectors for Dubai-based investments in the Philippines, such as tourism, agri-industries, telecommunications, logistics, and healthcare.
These meetings in Manila marked the first leg of the chamber’s trade mission to Southeast Asia, covering both the Philippines and Thailand. This mission is part of the ‘New Horizons’ initiative, designed to support the global expansion of local firms into promising international markets.
The delegation to the Philippines included representatives from 17 private sector companies in Dubai, representing a wide range of industries such as food and beverages, agriculture, automotive, construction, electronics, hospitality, human resources and services, industrial lubricants, investment, and perfume retail.
Salem Al Shamsi, Vice President of International Relations at Dubai Chambers, emphasized the chamber’s commitment to opening new trade opportunities between Dubai and high-potential global markets. He noted that the Philippines trade mission aligns with their ongoing efforts to facilitate meaningful international growth for local businesses and strengthen investment relationships globally. These initiatives help reinforce Dubai’s status as a major global trade hub and contribute to the growth of its non-oil export sector.
During the mission, Dubai Chamber of Commerce organized a business forum in Manila titled ‘Doing Business with the Philippines.’ The event was held in partnership with the UAE Embassy in Manila, the Philippine Chamber of Commerce and Industry, the Philippines Board of Investment, the Department of Trade and Industry (DTI) - Export Marketing Bureau, and the Consulate General of the Philippines in Dubai.
The forum featured speeches from Enunina V. Mangio, President of the Philippine Chamber of Commerce and Industry, and Ma. Anna Kathryna Yu-Pimentel, Special Envoy to the UAE for Trade and Investment.
Attended by 314 participants, the forum also saw Dubai Chambers sign a Memorandum of Understanding with the Philippine Chamber of Commerce and Industry. This agreement aims to boost cooperation, deepen bilateral trade ties, and explore new areas of partnership between the business communities of Dubai and the Philippines.
Dubai Chambers also presented Dubai’s strategic advantages as a global business center, outlining potential cooperation opportunities and highlighting the competitive benefits Dubai offers to Filipino companies.
In 2024, non-oil trade between Dubai and the Philippines reached AED3.1 billion. By the end of that year, 2,154 Filipino companies were actively registered with Dubai Chamber of Commerce, reflecting an annual growth rate of about 37%.
Dubai Chamber identified key high-potential export sectors from Dubai to the Philippines, including leather, car parts, fertilizers, flat-rolled iron and steel, organic chemicals, and flooring materials.
Additionally, the chamber pointed to promising sectors for Dubai-based investments in the Philippines, such as tourism, agri-industries, telecommunications, logistics, and healthcare.