The Dubai Chambers explored opportunities for shared business and investment with both the public and private sectors in Greece, aiming to foster economic partnerships and open new avenues for growth and collaboration in strategic sectors.
This initiative took place during an official visit organized by the Dubai Chambers to the Greek capital, Athens. It was led by His Excellency Engineer Sultan bin Saeed Al Mansoori, Chairman of the Dubai Chambers, alongside Mohammed Ali Rashid Lootah, the General Director of the Dubai Chambers. This mission was part of the “Growth Corridors” initiative designed to enhance trade and investment cooperation frameworks between Dubai and global markets. A series of meetings were held with relevant Greek stakeholders from both sectors.
Strategic Partnerships
His Excellency Engineer Sultan bin Saeed Al Mansoori stated, “Dubai and Greece share strong ties at all levels. This visit is part of efforts to expand strategic partnerships and enhance collaborative paths on an international scale. Our goal is to explore new economic and investment cooperation opportunities between both sides, contributing to the establishment of quality and sustainable partnerships.”
During their visit, the Dubai Chamber delegation held high-level meetings with officials from various government and private institutions in Greece to discuss ways to strengthen collaboration in priority economic sectors. Among the entities the delegation engaged with were the Greek Ministry of Foreign Affairs and the Hellenic Republic Asset Development Fund (Growthfund), overseeing a diverse portfolio of state-owned enterprises with managed assets worth 11.7 billion euros. Additionally, they met with the Athens Chamber of Commerce and Industry, the largest chamber of commerce in Greece, representing over 120,000 businesses.
Other entities included the Hellenic Business Federation, which comprises 3,500 companies, accounting for 50% of Greece’s economic activity and with collective assets totaling 416 billion euros. They also engaged with the Greek Investment and Trade Promotion Agency and the Endeavor Greece branch of the global network for entrepreneurs, which includes 174 companies with total revenues of 3.9 billion euros.
Investment Opportunities
During their commercial mission to Greece, the Dubai Chambers signed a memorandum of understanding with the Athens Chamber of Commerce and Industry. The agreement was signed by Mohammed Ali Rashid Lootah and Ioannis Bratakos, Chairman of the Athens Chamber, aimed at enhancing bilateral relations and collaboration in trade and industry, as well as opening new avenues for increasing trade volume between Dubai and Athens. The memorandum also outlines plans to strengthen cooperation in the areas of official missions, trade and economic delegations, and support for members of both chambers to boost trade, enhance investment opportunities, and establish business partnerships.
Meetings included discussions on the comprehensive support provided by the Dubai Chambers to Greek firms interested in establishing operations in the emirate and expanding into regional and global markets. The chamber’s delegation highlighted the promising opportunities available for the Greek business community to participate in major specialized trade events in Dubai, such as “Expand North Star,” the world’s largest event for startups and investors. The importance of Dubai’s entrepreneur hub for Greek startups was emphasized, facilitating access to new growth resources, expansion, and achieving success in Dubai.
Encouraging Corporate Synergies
The discussions held by the Dubai Chambers in Greece focused on the potential for bilateral cooperation across a diverse range of strategic areas, including aviation, ports, infrastructure, renewable energy, tourism, and finance, alongside mutual focus on innovation and artificial intelligence. There was a concerted emphasis on stimulating partnerships and dual investments between Greek family businesses and their Dubai counterparts. The necessity to enhance trade delegations between Dubai and Greece and to accelerate collaborative efforts to increase non-oil trade volumes between the two regions was underlined.
Non-oil trade between Dubai and Greece reached 2 billion dirhams in 2024, reflecting a year-on-year growth of 13.7%. Additionally, the number of Greek companies registered with the Dubai Chamber continues to rise, with 102 new Greek companies joining in 2025, bringing the total number of active Greek firms registered with the chamber to 419, an increase of 22.5% year-over-year.
This visit is part of a broader series of international trade missions organized by the Dubai Chambers under the “Growth Corridors” initiative. The goal is to promote opportunities for economic and trade cooperation between Dubai and promising global markets. This initiative aims to create new channels for high-level communication and collaboration, enhancing bilateral relations between Dubai’s business community and international counterparts to support strategic partnerships, launch joint ventures, and foster sectoral integration. It also addresses changes in global economic environments, legislative frameworks, and investment incentives, boosting Dubai companies’ abilities to confidently and efficiently enter new markets.