A recent analysis has shown that Indian investors led the way in new non-Emirati companies joining the Dubai Chamber of Commerce in the first half of this year, with a total of 7,860 new Indian companies registering. Pakistan came in second with 3,968 new companies, followed by Egypt with 2,355 new registrations. Other countries on the list included Syria with 1,358 companies, the UK with 1,245, Bangladesh with 1,119, Iraq with 799, China with 742, Sudan with 683, and Jordan with 674.
These figures underscore Dubai's robust capacity to draw direct investments from across the globe, highlighting its increasing attractiveness to international businesses. In terms of sectoral distribution for new member-companies in H1 2024, the trade and repairing services sector topped the list, making up 41.5 percent of the total. The real estate, renting, and business services sector ranked second at 33.6 percent, followed by the construction sector at 9.4 percent and the transport, storage, and communications sector at 8.4 percent. The social and personal services sector rounded out the top five at 6.6 percent.
The construction sector saw the most significant growth among the top five sectors, with a 23.5 percent increase compared to the same period in 2023. The transport, storage, and communications sector grew by 13.6 percent, while the real estate, renting, and business services sector saw a 9.5 percent year-over-year increase.
