The Dubai Chamber explored ways to strengthen economic ties between the business communities in Dubai and the Czech Republic during a meeting with a delegation from the Prague Chamber of Commerce, led by its president, Peter Mihal. Both parties expressed their commitment to expanding collaborative efforts in investment, trade, and the digital economy, aiming to enhance partnerships between business sectors in Dubai and the Czech Republic.
During the meeting held yesterday at the Dubai Chamber’s headquarters, and attended by Mohammed Ali Rasheed Lootah, the Director General of the Dubai Chamber, they discussed prospects for boosting bilateral trade and exploring mutual investment opportunities. They also focused on expanding cooperation to support the growth of business and investment relationships between companies in Dubai and their Czech counterparts, emphasizing collaboration in the digital economy. The president of the Prague Chamber highlighted the interest of Czech companies in investing and expanding within Dubai’s marketplace across various sectors.
Mohammed Ali Rasheed Lootah affirmed the Dubai Chamber’s dedication to enhancing economic relations between Dubai and the Czech Republic to serve mutual interests. He emphasized the continued effort to establish quality partnerships that foster business ties and create new opportunities for private sector companies, alongside encouraging Czech businesses to seize promising investment opportunities in Dubai’s diverse sectors.
It is noteworthy that in 2025, an additional 46 Czech companies joined the Dubai Chamber of Commerce, increasing the total number of active registered Czech firms in the chamber to 145 by the end of last year, reflecting a 28.3% year-on-year growth. Additionally, non-oil trade between Dubai and the Czech Republic reached approximately 5.3 billion dirhams in 2024, marking a 14% increase compared to 2023.