Dubai Chamber of Commerce Successfully Organizes Bilateral Business Meetings with Philippines
Dubai Chamber of Commerce, part of Dubai Chambers, has concluded a trade mission to the Philippines as part of its 'New Horizons' initiative aimed at supporting the global expansion of local companies. The mission, which consisted of 17 private sector companies from Dubai, resulted in 180 bilateral business meetings between Dubai-based companies and their counterparts in the Philippines. The meetings were held in Manila, marking the first stop of the chamber's trade mission to Southeast Asia, which includes both the Philippines and Thailand. The event featured a business forum, 'Doing Business with the Philippines,' hosted in collaboration with the Embassy of the UAE in Manila, the Philippine Chamber of Commerce and Industry, and other local partners.
Key Takeaways:
- The Dubai Chamber of Commerce organized 180 bilateral business meetings between Dubai-based companies and their counterparts in the Philippines, marking the first stop of its trade mission to Southeast Asia.
- The trade mission featured representatives from 17 private sector companies in Dubai, spanning diverse sectors including food and beverages, agriculture, automotive, and more.
- The event included a business forum, 'Doing Business with the Philippines,' attended by 314 participants and featuring remarks from Enunina V. Mangio, President of the Philippine Chamber of Commerce and Industry, and Ma. Anna Kathryna Yu-Pimentel, Special Envoy to the UAE for Trade and Investment.
- Dubai Chambers signed a Memorandum of Understanding with the Philippine Chamber of Commerce and Industry to enhance cooperation, strengthen bilateral trade relations, and explore new areas of collaboration.
- Non-oil trade between Dubai and the Philippines reached AED3.1 billion in 2024, with the number of active Filipino companies registered with Dubai Chamber of Commerce reaching 2,154 by the end of last year, representing year-over-year growth of approximately 37%.
- Dubai Chamber of Commerce identified several high-potential export sectors from Dubai to the Philippines, including leather, car parts, fertilisers, and more.
Statistics:
- 180 bilateral business meetings were held between Dubai-based companies and their counterparts in the Philippines.
- 17 private sector companies from Dubai participated in the trade mission, representing a diverse range of sectors.
- 314 participants attended the business forum, 'Doing Business with the Philippines.'
- AED3.1 billion in non-oil trade between Dubai and the Philippines was recorded in 2024.
- 2,154 active Filipino companies were registered with Dubai Chamber of Commerce by the end of last year, with a year-over-year growth of approximately 37%.
Sources:
- Wam - 29 May 2025
- Dubai Chamber of Commerce
- Emirates News Agency (Wam)