Dubai: Dubai International Chamber, a key entity under the umbrella of Dubai Chambers, has inaugurated its 36th international representative office in Bangkok, Thailand. The new office is strategically positioned to attract businesses and investments from Thailand to Dubai, thereby strengthening the burgeoning trade relations between the two markets.
According to Emirates News Agency, the Bangkok office aims to deepen relationships with both public and private sector stakeholders in Thailand. It will offer a comprehensive range of support services to the Thai business community, including access to market intelligence, business matchmaking services, and strategic guidance on market entry. This initiative aligns with the goals of the Dubai Global initiative, which seeks to draw foreign companies, investors, and international talent to Dubai by showcasing the emirate's competitive advantages and enhancing bilateral engagement.
Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, stated, "The launch of our new office in Bangkok further strengthens Dubai's global connectivity and reaffirms our commitment to supporting businesses in expanding their international footprints. The office will unlock new opportunities for Thai companies seeking to enter Dubai and leverage the city's strategic advantages as a gateway to global growth. Thailand remains an important partner in our efforts to cement Dubai's position as a hub for global trade and investment, and we are confident this step will generate significant opportunities for businesses in both markets."
The new office was officially opened during the 'Doing Business with Thailand' forum, organized as part of Dubai Chamber of Commerce's 'New Horizons' trade mission to Southeast Asia. The forum, held in Bangkok, was attended by more than 474 participants, including senior officials, business leaders, and Thai companies interested in exploring partnership opportunities with the chamber's delegation.
The trade mission saw the participation of 20 Dubai-based companies across sectors such as food and beverages, human resources, trading, electronics, hospitality, industrial lubricants, investment, and agriculture. The chamber successfully coordinated 288 bilateral business meetings between members of the Dubai delegation and Thai companies.
The forum aimed to build on the expanding economic ties between Dubai and Thailand. Non-oil bilateral trade between the two exceeded AED 23.8 billion in 2024, marking a substantial year-over-year growth of 23.3%. Additionally, the number of Thai companies registered as active members of the Dubai Chamber of Commerce increased by 28.4% in 2024, reaching 190 by the year's end, underscoring the growing engagement between the business communities in the two markets.
Dubai Chamber of Commerce has identified several high-potential export products from Dubai to Thailand, including livestock feed, fertilizer, flat-rolled iron/steel, unwrought aluminium alloys, and cosmetic products. Key investment opportunities for Dubai-based companies in Thailand include sectors such as rental and leasing services, renewable energy, freight and distribution services, and medical tourism.