UAE – Mubasher: Dubai Chambers has signed a memorandum of understanding (MoU) with China Construction Bank (CCB) to reinforce investment cooperation.
The two entities plan to join forces to support Chinese companies planning to expand in the Dubai market, according to a press release.
Furthermore, the MoU is aimed at enhancing the exchange of knowledge and expertise between both parties to enhance the support available to businesses and investors.
The agreement will open new horizons for growth in diverse sectors while anchoring Dubai’s position as a leading global business destination. It will also contribute to bolstering trade cooperation between Dubai and China.
In the first half (H1) of 2024, the Dubai Chamber of Digital Economy (DCDE) backed 215 digital startups, higher by 212% than 69 in H1-23.