• H.E. Mohammad Ali Rashed Lootah: “Dubai Chambers is dedicated to providing all necessary support to facilitate trade and investment, helping Cypriot companies tap into regional markets through Dubai, and enabling our local businesses to explore the promising opportunities in Cyprus.

Dubai, UAE – Dubai Chambers recently hosted a high-level delegation from the Cyprus Chamber of Commerce and Industry (CCCI) to explore opportunities to strengthen bilateral economic and business cooperation. The discussions focused on ways to enhance trade and investment relations between the two markets.

The meeting was attended by His Excellency Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, and Mr. Stavros Stavrou, President of the Cyprus Chamber of Commerce and Industry.

H.E. Lootah commented: “Our meeting today with the Cyprus Chamber of Commerce and Industry reaffirms our mutual commitment to enhancing our economic partnership. We see significant potential for growth in areas of shared interest. Dubai Chambers is dedicated to providing all necessary support to facilitate trade and investment, helping Cypriot companies tap into regional and international markets through Dubai, and enabling our local businesses to explore the promising opportunities in Cyprus.”

Dubai Chamber of Commerce saw a total of 101 new companies from Cyprus joining the chamber’s membership last year. By the end of 2025, the total number of Cypriot companies registered as active members of Dubai Chamber of Commerce had reached 639 reflecting an annual growth rate of 17.7%. Non-oil trade between Dubai and Cyprus reached AED 588 million in 2024.

Dubai Chamber of Commerce recently launched the Cyprus Business Council with the aim of strengthening joint cooperation between the business communities of Dubai and Cyprus, deepening bilateral trade and investment relations, and fostering partnerships across various sectors.
About Dubai Chambers

Dubai Chambers is a non-profit public entity that supports Dubai’s vision as a global player by empowering businesses, delivering innovative value-added services, and unlocking access to influential networks. In March 2021, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the restructuring of Dubai Chamber of Commerce and the formation of three chambers for the emirate, namely Dubai Chamber of Commerce, Dubai International Chamber, and Dubai Chamber of Digital Economy, which now operate under the umbrella of Dubai Chambers.

For more information, please contact:
Mohamad Mouzehem
PR & Corporate Communications
Email: mohamad.mouzehem@dubaichamber.com