Dubai, Riyadh Chambers boost cooperation through knowledge sharing

The Dubai Chamber of Commerce and Industry received a high-level delegation from the Riyadh Chamber of Commerce and Industry at its premises yesterday as part of efforts to promote and facilitate knowledge sharing and cooperation between the two organisations.

The delegation was headed by Ahmed bin Ali Al-Suwailem, Secretary-General of Riyadh Chamber, with Faisal Al-Fuhaid, Assistant Secretary-General for Subscriber Services at Riyadh Chamber and various department directors. Delegates were received by Hamad Buamim, President and CEO of Dubai Chamber, Atiq Juma Nasib, Senior Vice President of Commercial Services, Dubai Chamber, and several other directors of Dubai Chamber departments.

During the meeting, Dubai Chamber officials shared insights, experiences and best practices in the areas of membership services, certification, certificates of origin, customer service systems, and smart services.

Buamim explained that Dubai Chamber is keen to enhance cooperation with Saudi Arabia and various chambers of commerce within the Kingdom. He said that Dubai Chamber and Riyadh Chamber can greatly benefit and enhance their competitiveness by sharing knowledge and expertise in key areas.

Saudi Arabia remains the top destination for Dubai Chamber members’ exports and re-exports, Buamim revealed. The value of exports and re-exports to the Kingdom amounted to AED87.6 billion between January and October of 2017, marking a growth rate of more than 20 percent compared to the same period in 2016, he added.

The Dubai Chamber President and CEO went on to say that the number of Saudi companies registered with the chamber has grown steadily in recent years to reach 2,150, adding that the chamber aims to provide a favourable business environment where Saudi companies can take advantage of new opportunities opening up in the market.

Al-Suwailem lauded Dubai Chamber’s efforts to support the business community and facilitate trade and between the UAE and other GCC countries. He emphasised the importance of promoting economic cooperation and knowledge sharing, which he says can help both chambers achieve their common goals.

Following the meeting, the delegation from Riyadh Chamber toured Dubai Chamber’s head office and learned about the building’s environmentally friendly features. Delegates also visited the chamber’s member relations department where they were briefed on smart customer service systems and efficient business documentation processes.