Dubai: Dubai Chambers, in collaboration with the Government of Estonia and the UAE-Estonia Business Council, has successfully hosted the inaugural Dubai-Estonia Business Seminar. This event marks a significant step towards enhancing trade, investment, and innovation ties between the two digitally advanced economies.
According to Emirates News Agency, the seminar was held at Dubai Chambers' headquarters and attended by key figures including Liisa-Ly Pakosta, Minister of Justice and Digital Affairs for the Republic of Estonia; Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers; and Maria Belovas, Ambassador of the Republic of Estonia to the UAE. The discussions focused on enhancing cooperation between companies from Dubai and Estonia across various sectors such as advanced technologies, the digital economy, renewable energy, the automotive industry, agritech, construction, logistics, and the maritime industry.
Participants explored opportunities to strengthen trade relations and leverage mutual expertise in key sectors, aiming to pave the way for impactful new partnerships. Liisa-Ly Pakosta highlighted the importance of collaboration and trust in digital progress while acknowledging UAE's commitment to embedding innovation across sectors. Mohammad Ali Rashed Lootah emphasized the strong and growing relationship between Dubai and Estonia, which creates a solid foundation for advancing shared economic goals.
The seminar noted a 37 percent increase in the number of Estonian companies registered as active members of Dubai Chamber of Commerce in 2024. By the end of June 2025, 15 new Estonian companies joined the chamber, bringing the total number to 95. Bilateral trade relations have also seen growth, with non-oil trade between Dubai and Estonia rising by 10 percent to AED542.3 million in 2024.
The event featured presentations on the strategic advantages of establishing and expanding businesses in both Dubai and Estonia, reinforcing the shared vision for a prosperous economic future.