The Dubai International Chamber concludes its trade mission at the Retail Technology Show in London
DUBAI, 30th April, 2023 (WAM) — Dubai International Chamber, one of three chambers operating under Dubai Chambers, today concluded its trade mission at the Retail Technology Show, held over two days at London’s Olympia on 26 and 27 April. .
The Show is an annual event in London that brings together the UK and Europe’s most promising retailers and leading technology innovators to connect, learn and discover the latest trends in the retail sector and showcase the latest innovations to drive the industry forward. forward.
Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, said: “Dubai is one of the most attractive retail markets in the region and this vital sector has a significant impact on the emirate’s GDP, contributing more than 24 percent in the first nine months 2022 year. .”
Luta added that the Dubai International Chamber is providing all possible support to Dubai’s retail businesses to ensure that they can keep up with ever-changing customer expectations, which are mainly driven by rapid technological advancements in e-commerce and new digital trends.
“We continue to provide our participants with access to important platforms such as the Retail Technology Show to enhance their experience and provide them with first-hand information on the latest trends and opportunities in the retail sector. Liaison with the international retail community is essential to drive further innovation and expand partnerships with global retail leaders; thus enhancing Dubai’s retail sector and collective experience,” he said.
The trade mission of the Dubai International Chamber at the exhibition was joined by a delegation of seven representatives of Dubai’s retail business, as well as key executives and businessmen of the Dubai Chamber. They visited the expo and took part in a variety of activities, such as attending conferences that featured the latest ideas from some of the industry’s most insightful thinkers, hosting business meetings and listening to inspiring Tech Talks sessions. Delegates participated in 50 B2B meetings with exhibitors to discuss bilateral ties and cooperation.
The trade mission is part of the New Horizons programme, led by the Dubai International Chamber, to stimulate the international expansion of Dubai businesses into new selected markets, while promoting Dubai as a thriving global investment hub for companies from these markets.
The Dubai International Chamber enables Dubai businesses to successfully enter global markets and ensures that the emirate is a magnet for foreign direct investment, supported by Dubai’s strong network of international offices around the world. The Dubai International Chamber is mandated to support Dubai’s goal of increasing foreign trade from AED 1.4 trillion to AED 2 trillion by 2026 and supporting the expansion of 100 Dubai-based companies into priority foreign markets by 2024.
