Dubai Chamber of Commerce Launches Uzbekistan Business Council to Strengthen Trade, Investment Ties
Dubai Chamber Of Commerce, one of the three chambers under the Dubai Chambers umbrella, has announced the establishment of the Uzbekistan Business Council. The council aims to:
- Strengthen cooperation between Dubai and Uzbekistan business communities.
- Support the growth of trade and investment ties.
- Expand collaboration opportunities across diverse sectors.
During its inaugural meeting at Dubai Chambers’ headquarters, participants discussed developing new business opportunities, advancing mutual investments, strengthening connections between Uzbek companies and their Dubai counterparts, facilitating expertise exchange, and exploring bilateral business events.
Maha Al Gargawi, Vice President of Business Advocacy at Dubai Chambers, stated:
"The launch of the Uzbekistan Business Council creates an important platform for strengthening trade and investment partnerships between Dubai and Uzbekistan. It will play a key role in creating new avenues for bilateral cooperation across diverse sectors, contributing to economic growth and the development of sustainable, long-term partnerships."
Ulugbekhon Maksumov, Chairman of the Uzbekistan Business Council in Dubai and Founder & CEO of Aksum Group, added:
"Today marks an important milestone in the growing relationship between Uzbekistan and the United Arab Emirates. We are not simply launching another business organisation—we are creating a practical platform where entrepreneurs can connect with trusted partners, investors can discover new opportunities, and companies from both countries can grow together."
The council’s establishment reflects Dubai’s increasing significance as a hub for Uzbek businesses and investors. Non-oil trade between Dubai and Uzbekistan reached AED10.3 billion in 2025, with 826 active Uzbek companies registered in Dubai Chamber of Commerce by year-end, marking 21.3% annual growth. The chamber also welcomed 75 new Uzbek companies as members in the first half of 2026.
Dubai’s Business Councils, operating under the Dubai Chambers umbrella, represent investor communities from diverse nationalities and work closely with the chamber to facilitate bilateral trade and investment.
