Dubai Chamber, GCC trade hits USD49b in 2014

(MENAFN) Exports and re-exports of Dubai Chamber members to GCC countries grew by over 10-fold from USD4.62 billion in 1998 to USD49 billion in 2014, according to a report issued by the Dubai Chamber of Commerce and Industry on the occasion of its 50th anniversary celebrations, Khaleej Times reported.

President and CEO of Dubai Chamber said it is proud to have contributed to economic development in the region as indicated by the report focusing on export trends of Dubai Chamber members. Over the last 50 years, the Chamber has represented and protected the interests of the business community in Dubai. The Chamber will continue with its commitment to support the development of business and promote Dubai as a regional and international business hub.

"As we celebrate Dubai Chamber's 50th anniversary, we are optimistic about the Chamber's expanding role as an international catalyst for business growth through innovative initiatives and programmes as well as business-friendly policy direction," he added.