In the presence of H.E. Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, the Dubai Chamber of Commerce – one of the three chambers operating under Dubai Chambers – has announced the formation of the Peruvian Business Council. This newly established council aims to boost cooperation between the business communities of Dubai and Peru, strengthen trade and investment relations, and promote bilateral partnerships across various sectors.
The announcement took place during the inaugural annual general meeting of the Peruvian Business Council, held at the Dubai Chamber’s headquarters.
With this addition, the total number of Business Councils operating under the Dubai Chamber of Commerce now stands at 61. These councils represent the interests of investors and businesses from specific countries operating in Dubai and play a key role in enhancing economic cooperation with global markets.
Maha Al Gargawi, Vice President of Business Advocacy at Dubai Chambers, stated: “The formation of the Peruvian Business Council demonstrates our continued dedication to fostering strong economic and trade relations with countries worldwide. It highlights the important role of Business Councils under the Dubai Chamber of Commerce in encouraging investment collaboration and stimulating the expansion of Dubai’s non-oil foreign trade.”
The meeting highlighted the council’s strategic priorities and outlined its upcoming events and activities. Attendees also explored ways to deepen economic collaboration between Dubai and Peru.
The council’s launch reflects Dubai’s increasing attractiveness as a strategic hub for Peruvian enterprises and investors. In 2024, the value of non-oil trade between Dubai and Peru surpassed AED 8.3 billion, representing an impressive 91% year-over-year increase, signaling robust bilateral trade dynamics. As of the end of Q1 2025, 23 Peruvian companies were registered as active members of the Dubai Chamber of Commerce.
The country-specific Business Councils under the Dubai Chamber of Commerce work in close coordination with the chamber to encourage bilateral trade and investment flows. They help foster stronger connections between Dubai-based companies and international businesses, supporting the development of strategic global economic partnerships.
— V.2 Editorial Team
