Indian investors led the list of new non-Emirati companies joining the Dubai Chamber of Commerce in the first half of this year, with a total of 7,860 Indian companies registering during this period, according to a recent analysis.
Pakistan secured the second spot with 3,968 new companies joining in the first six months of the year, followed by Egypt with 2,355 new companies registering as chamber members.
These findings highlight Dubai’s strong capacity to attract direct investments from around the world, reinforcing its growing appeal to international businesses.
Regarding the sectoral distribution of new member companies in H1 2024, the trade and repairing services sector ranked first, making up 41.5 percent of the total. The real estate, renting, and business services sector came in second, representing 33.6 percent, followed by the construction sector at 9.4 percent, and the transport, storage, and communications sector at 8.4 percent. The social and personal services sector rounded out the top five at 6.6 percent.
Among these sectors, the construction sector showed the most substantial growth, increasing by 23.5 percent compared to the same period in 2023. The transport, storage, and communications sector followed with a growth rate of 13.6 percent, while the real estate, renting, and business services sector saw a 9.5 percent year-over-year increase.
