Dubai Chamber Of Commerce Welcomed 7,860 Indian Companies In H1 2024

The latest analysis by the Dubai Chamber of Commerce revealed that Indian investors topped the list of new non-Emirati companies joining the chamber during the first half of 2024. India ranked first with 7,860 new companies joined in H1 2024. Meanwhile, Pakistan ranked second on the list, with 3,968 companies joining in the six-month period.

As per the analysis, Egypt secured the third position with 2,355 new companies registering as members of the chamber. Meanwhile, 1,358 new Syrian companies joined the chamber, placing the country fourth in the list. The United Kingdom ranked fifth with 1,245 new companies, and Bangladesh ranked sixth with 1,119 new firms. 

At the same time, in terms of the sectoral distribution of new member companies joining the chamber during H1 2024, the trade and repairing services sector ranked first, accounting for 41.5% of the total. The real estate, renting, and business services sector secured the second place, representing 33.6% of the total. Notably, the construction sector demonstrated the strongest growth among the top five sectors of the new companies, registering a growth of 23.5% compared to the same period in 2023.