The Dubai Chamber of Commerce has announced the creation of the Cyprus Business Council, a new platform designed to strengthen trade, investment, and business cooperation between Dubai and Cyprus.
Dubai’s network of Business Councils works closely with international investors to enhance bilateral partnerships and support the emirate’s economic expansion © Mena Today
The Dubai Chamber of Commerce has announced the creation of the Cyprus Business Council, a new platform designed to strengthen trade, investment, and business cooperation between Dubai and Cyprus.
The initiative underscores Dubai’s role as a growing hub for Cypriot investors. In 2024, non-oil trade between the two sides reached AED 588 million, and by Q3 2025, 612 Cypriot companies were registered with the chamber, including 71 new businesses added this year.
The council’s first Annual General Meeting was held in the presence of George Papanastasiou, Cyprus’ Minister of Energy, Commerce and Industry, alongside senior UAE officials.
Papanastasiou hailed the new council as “a structured platform” that will encourage joint ventures, technology transfer, and sustainable growth.
Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, said the council will open new opportunities for Cypriot companies and strengthen Dubai’s position as a global business hub.
Dubai’s network of Business Councils works closely with international investors to enhance bilateral partnerships and support the emirate’s economic expansion.
European airlines like Wizz Air, Lufthansa and British Airways dodged Iraqi and Iranian airspace on Thursday, according to flight tracking websites, opting instead for routes over Afghanistan and central Asia in an effort to mitigate risks associated with ongoing geopolitical turmoil in Iran and the Middle East.
The United States stands by the “brave people of Iran,” and President Donald Trump "has made it clear all options are on the table to stop the slaughter," U.S. Ambassador to the United Nations Mike Waltz told the U.N. Security Council on Thursday.
UAE President Sheikh Mohamed bin Zayed Al Nahyan on Thursday received Bassirou Diomaye Faye, President of Senegal, during his working visit to the United Arab Emirates, which includes participation in Abu Dhabi Sustainability Week 2026.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.
