The Dubai Chamber of Commerce announced today that it will host the "Dubai Business Forum – Germany Edition" in Hamburg, Germany, on May 20th. Following successful editions in China and the UK, this third international edition of the Dubai Business Forum aims to explore new economic opportunities and attract German companies and foreign direct investment to support the goals of the Dubai Economic Agenda (D33).
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03-18, 2025This event is part of the Dubai Chamber of Commerce's ongoing efforts to strengthen economic partnerships, stimulate foreign direct investment, and consolidate Dubai's position as a global business destination. The forum will serve as a platform to foster collaboration and drive economic growth between Dubai and Germany.
The "Dubai Business Forum – Germany Edition" will showcase the diverse investment opportunities available in Dubai, aiming to attract multinational corporations and fast-growing startups from Germany to establish a presence in Dubai. The Hamburg Chamber of Commerce is a supporting partner for this forum, which also aims to support German companies and investors in establishing productive partnerships with their counterparts in Dubai, thereby promoting the growth of bilateral trade and investment. The forum will provide a valuable platform for networking and deal-making.
Mohammad Ali Rashed Lootah, President and CEO of Dubai Chamber of Commerce, stated, "Dubai offers German companies seeking growth and expansion in the Middle East, Africa, and South Asia regions an excellent opportunity. We believe that the 'Dubai Business Forum – Germany Edition' will serve as a catalyst for fostering enhanced cooperation and investment between Dubai and Germany, contributing to mutual growth and prosperity for both sides." This collaboration is expected to create significant economic benefits.
Hamburg, recognized as a hub for business and innovation in Germany, was carefully selected as the ideal location for this high-profile event. The "Dubai Business Forum – Germany Edition" brings together key stakeholders from the public and private sectors of both regions and will showcase Dubai's business-friendly environment, attractive tax incentives, and unparalleled access to global markets. The forum will highlight Dubai's investment-friendly environment in key sectors such as technology, finance, logistics, manufacturing, and sustainability, promoting collaboration between German and Dubai companies in areas such as artificial intelligence, advanced manufacturing, smart transportation, and clean energy. The event will also explore opportunities in private equity, venture capital, and cross-border mergers and acquisitions.
Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State, revealed at the recent UAE-German Business Forum in Abu Dhabi that Germany remains one of the UAE's most important economic partners, with non-oil trade reaching $13.8 billion in 2024, a 5.4% increase over the previous year, nearly double the average global trade growth. He also emphasized that the UAE, as a gateway to high-growth markets, offers German companies unparalleled access to Asia, Africa, and the Middle East through its Comprehensive Economic Partnership Agreement (CEPA) program, which covers more than a quarter of the world's population.
Germany remains the UAE's second-largest trade partner within the EU and ranks 13th globally, further solidifying the strength of the long-standing economic partnership and the steady growth of bilateral trade between the two nations. In 2024, the UAE's non-oil exports to Germany experienced a significant increase of 44.7%, reaching $616 million, with re-exports reaching $1.1 billion, highlighting Germany's role as a key gateway for global trade. Furthermore, German imports to the UAE increased to $12.1 billion, solidifying Germany's position as the UAE's second-largest import partner within the EU and further accelerating the upward trend in economic and trade relations between the two countries.
