emirates7 - Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, has been elected to the Executive Board of the International Chamber of Commerce (ICC), highlighting Dubai’s leadership in promoting global trade, stimulating business development, and building international partnerships.
The ICC is the world’s largest business organization, representing a network of 45 million companies—from small and medium enterprises (SMEs) to multinational corporations (MNCs)—which together employ over one billion people across more than 170 countries.
Established in Paris in 1919, the ICC serves as the global voice of business. Its membership network facilitates merchandise trade valued at over US$17.5 trillion annually, with the organization operating in more than 100 countries through various national committees.
Lootah’s appointment to the ICC Executive Board underscores Dubai’s significant role in fostering global cooperation and creating constructive partnerships that promote international trade and strengthen ties among business communities worldwide.
This development further solidifies Dubai’s position as a key hub shaping the future of global trade, enabling business activities, and influencing international economic policies.
The selection also reinforces the international community’s trust in Dubai’s distinctive economic approach, which combines visionary leadership with adaptable regulations, strong collaboration between the public and private sectors, and solid support for business expansion. It reflects the emirate’s extensive global connections and status as one of the world’s foremost economic decision-making centers.
The ICC is essential in driving global trade growth and shaping international economic policy in partnership with local and international institutions. It plays a key role in setting the rules that govern global commercial transactions and the world economy.
Lootah stated, “Dubai continues to intensify its efforts to boost international economic cooperation and improve cross-border trade, focusing on building a vibrant global ecosystem that supports private sector growth and fosters a more competitive business environment.”
The ICC is the world’s largest business organization, representing a network of 45 million companies—from small and medium enterprises (SMEs) to multinational corporations (MNCs)—which together employ over one billion people across more than 170 countries.
Established in Paris in 1919, the ICC serves as the global voice of business. Its membership network facilitates merchandise trade valued at over US$17.5 trillion annually, with the organization operating in more than 100 countries through various national committees.
Lootah’s appointment to the ICC Executive Board underscores Dubai’s significant role in fostering global cooperation and creating constructive partnerships that promote international trade and strengthen ties among business communities worldwide.
This development further solidifies Dubai’s position as a key hub shaping the future of global trade, enabling business activities, and influencing international economic policies.
The selection also reinforces the international community’s trust in Dubai’s distinctive economic approach, which combines visionary leadership with adaptable regulations, strong collaboration between the public and private sectors, and solid support for business expansion. It reflects the emirate’s extensive global connections and status as one of the world’s foremost economic decision-making centers.
The ICC is essential in driving global trade growth and shaping international economic policy in partnership with local and international institutions. It plays a key role in setting the rules that govern global commercial transactions and the world economy.
Lootah stated, “Dubai continues to intensify its efforts to boost international economic cooperation and improve cross-border trade, focusing on building a vibrant global ecosystem that supports private sector growth and fosters a more competitive business environment.”