Page 282 - MOE ENGLISH PR REPORT - MAY 2025 (Part 1)_Neat

from across all industries to build the relationships that can drive trade and investment to even
greater heights.”

Sultan Bin Saeed Al Mansoori stated, “Dubai and the European Union share deep-rooted economic
ties built on common interests, mutual aspirations, and a joint commitment to developing a
diversified and sustainable economy. Today’s roundtable is designed to advance collaboration in
high-potential sectors and identify new avenues for growth. We are committed to supporting
European companies and enabling them to expand and thrive while leveraging Dubai as a strategic
hub to access new opportunities across local and regional markets.”

The roundtable highlighted the growing economic relations between Dubai and the EU. The total
value of non-oil trade between Dubai and EU member states reached AED 206 billion in 2024,
representing year-on-year growth of 8%.

In a further indication of Dubai’s growing appeal as a leading business hub for European investors,
the emirate attracted 380 foreign direct investment (FDI) projects from EU countries last year, with a
total value of AED11.3 billion. This represents a 6.7% year-on-year increase in the number of
projects and a remarkable 106% rise in the total value of investment projects.

The total value of Dubai’s investments in EU countries between 2020 and 2024 amounted to
AED9.5 billion, creating 8,000 jobs in European markets.

A total of 15,248 companies from EU countries were registered as active members of Dubai
Chamber of Commerce at the end of Q1 2025, representing year-over-year growth of 27%. In
addition, 4,693 new European companies joined Dubai Chamber of Commerce during 2024.

https://www.onearabia.me/business/dubai-chambers-roundtable-trade-cooperation-eu-011-
111369.html