Indian businesses top list of foreign companies joining Dubai Chamber of Commerce

Dubai Chamber of Commerce has revealed that Indian businesses topped the list of non-Emirati companies joining the chamber during the first quarter of this year, with 4,351 additions.

The findings highlight Dubai’s ability to attract direct investments from India and underline the emirate's growing appeal among international businesses.

Pakistan ranked second with 2,222 companies joining, while Egypt followed with 1,404 registering as members of the chamber.

During the first quarter of the year, 736 new Syrian companies joined, placing the country fourth on the list.

The United Kingdom ranked fifth with 698, while Bangladesh ranked sixth with 635

In terms of sectoral distribution, the trade and services sector ranked first, accounting for 42.3 per cent of the total.

The real estate, renting, and business services sector came in second at 33.9 per cent, followed by the construction sector on 9.2 per cent, and the transport, storage, and communications sector, ranked fourth with 8.1 percent.

The social and personal services sector came in fifth place with 6.5 per cent.