*** Abu Dhabi Chamber Reports 53% Annual Growth in US Corporate Memberships | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Abu Dhabi Chamber Reports 53% Annual Growth in US Corporate Memberships

The Abu Dhabi Chamber of Commerce and Industry has reported a remarkable 53% compound annual growth rate (CAGR) in US corporate memberships between 2019 and 2024, reflecting the emirate’s strong economic ties with the United States. In 2024 alone, the Chamber recorded a 50% surge in new American memberships.

The growth highlights Abu Dhabi’s emergence as a preferred hub for multinational companies seeking to expand globally and reinforces its standing as a leading destination for trade and investment.

Broad Industry Representation

An analysis of US corporate members shows that nearly half are engaged in wholesale and retail trade, followed by businesses specializing in vehicle repair, professional services, science, and technology. Other sectors represented include construction (8%), mining and quarrying (7%), communications and IT (6%), hospitality (6%), and administrative services (5%).

This diverse spread underscores the breadth of American business activity in Abu Dhabi and signals strong potential for further economic diversification.

Strengthening Strategic Partnerships

His Excellency Shamis Al Dhaheri, Second Vice Chairman and Managing Director of the Abu Dhabi Chamber, said the surge in US corporate memberships reflects Abu Dhabi’s pro-business policies and modern infrastructure.

“The Chamber is committed to cementing Abu Dhabi’s status as a global business hub by launching initiatives and programmes that support international companies and facilitate their access to investment opportunities,” H.E. Al Dhaheri said. “American businesses are vital partners in our journey towards a more diversified and sustainable economy.”

He emphasized that the figures illustrate deepening trade and investment ties between Abu Dhabi and the United States, with the Chamber pledging to continue supporting the private sector and broadening opportunities for collaboration.

Looking Ahead

US investments in Abu Dhabi are expected to expand further in high-growth sectors, particularly innovation and advanced technology, which align with the emirate’s long-term economic diversification strategy.

The Chamber is also working to strengthen cooperation through trade missions, economic dialogues, and joint forums aimed at boosting knowledge exchange and sustainable partnerships. Its participation in the recent Abu Dhabi economic delegation to New York (September 30 – October 2) further demonstrated its commitment to advancing strategic partnerships and enhancing the emirate’s global competitiveness.