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Over 27,800 new member companies join Dubai Chamber of Commerce in 2021

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Over 27,800 new member companies joined the Dubai Chamber of Commerce in 2021, a 66.8 per cent increase compared to 2020. This brings the organisation’s total membership to over 287,000.

In 2021, the Dubai Chamber of Commerce saw the return on investment of its digital transformation over the years. The Chamber processed more than 704,400 e-transactions during the year. It also succeeded in fully digitising its core services by 100 per cent, which enabled it to serve its members and customers remotely and efficiently.

The Chamber also achieved its goal of becoming 100 per cent paperless by the end of 2021, representing an important milestone in its digital transformation mission.

The value of exports and re-exports of Dubai Chamber of Commerce members amounted to Dh227 billion, and a total of 669,922 certificates of origin were issued by the organisation last year. Meanwhile, 4,495 ATA Carnets worth Dh4.5 billion were issued and received by the Chamber. The ATA Carnet system is managed by the Dubai Chamber of Commerce in cooperation with Dubai Customs, facilitating the temporary entry of imports to Dubai.

Dubai Chamber reviewed 52 draft local and federal laws and ministerial decisions during 2021 to ensure a favourable business environment. The organisation’s Legal Services department received 200 mediation cases, of which 175 were virtual mediation cases, while 66 cases were settled amicably.

Dubai Chamber continued exploring business opportunities in promising markets worldwide as it received 2,983 visiting delegations and met with over 6,800 delegates from 73 countries in 2021. A total of 85 business networking events were organised, attended by 15,000 businesspeople.

The Chamber’s 11 representative offices in Africa, Eurasia and Latin America held 2,398 virtual meetings with more than 4,052 investors interested in expanding its business network and activities to Dubai.

The Chamber’s external offices organised 39 virtual events, attended by 4,280 participants from around the world, and participated in 347 other events to promote Dubai as a global business hub, identify business opportunities, and build relationships with key stakeholders in promising markets.

Abdul Aziz Al Ghurair, chairman of Dubai Chambers, described 2021 as “an exceptional year for the business community in Dubai”.

He noted that the government’s effective measures and proactive policies put the emirate on a steady path of economic growth, with the biggest uptick in business activity felt within the tourism, hospitality, trade and retail sectors.

Crime

Dubai Police issue cybercrime warning over fake banking websites

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Dubai Police has warned residents against purchasing or attempting to use stolen credit cards and banking data being illegally promoted through suspicious websites and social media platforms, stressing that offenders could face severe legal penalties under the UAE’s cybercrime laws.

According to police officials, organised fraud networks operating outside the UAE are increasingly using fake online platforms to advertise stolen financial information, including compromised credit card details and unauthorised banking access.

Officials said criminals were targeting internet users through deceptive websites and online pages designed to lure buyers seeking illegal financial services or discounted payment methods.

Authorities stressed that anyone found purchasing, sharing or using stolen banking information could face imprisonment, in addition to financial penalties reaching up to Dh2 million under federal cybercrime legislation.

Officials explained that many victims unknowingly compromise their own financial information after entering banking details on fake websites carefully designed to imitate trusted companies, online stores or service providers. Cybercriminals also frequently use fraudulent payment links sent through messages, emails or social media platforms to steal card information from unsuspecting users.

Police said stolen banking data is often circulated through organised cybercrime networks, where compromised card details are bought and sold before being used in fraudulent transactions. Authorities noted that the misuse of stolen information may occur days or even weeks after the original breach, making it harder for victims to trace exactly when or where their financial data was exposed.

Dubai Police also urged residents to closely monitor bank accounts and credit card statements and report any suspicious or unauthorised transactions immediately. Officials explained that quick reporting significantly improves the chances of freezing fraudulent activity, tracing transactions and recovering stolen funds before larger financial losses occur.

The warning comes as cybercrime and online financial fraud continue to evolve across digital platforms, with authorities repeatedly advising the public to avoid dealing with unverified websites, suspicious online advertisements or unknown payment channels.

Police further encouraged residents to rely only on secure banking applications and official payment platforms when conducting financial transactions online.

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Norway Chess 2026: India’s Praggnanandhaa stuns World No 1 Magnus Carlsen in major upset

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Round three of Norway Chess 2026 delivered another explosive day of elite competition, with Indian grandmaster Praggnanandhaa Rameshbabu scoring one of the biggest wins of his career against World No 1 Magnus Carlsen.

The highly anticipated clash unfolded as a tense strategic battle before turning dramatic in severe time pressure. Praggnanandhaa held the initiative for much of the game and appeared to be steadily outplaying the Norwegian star. Carlsen briefly turned the tables late in the contest, creating hopes of another escape act, but a critical blunder moments later forced the five-time world champion to resign immediately.

The victory marks another significant milestone for the Indian prodigy, who continues to establish himself among the strongest players on the global chess circuit.

Meanwhile, tournament leader Alireza Firouzja faced reigning World Champion Gukesh Dommaraju in a hard-fought encounter that ended in a classical draw after a tense positional struggle.

Firouzja later emerged victorious in the Armageddon tiebreak, earning the extra points needed to preserve his lead at the top of the standings.

The third matchup between Vincent Keymer and Wesley So also remained evenly balanced throughout the classical portion before Wesley So claimed victory in Armageddon.

Women’s round

In the women’s tournament, every classical game once again ended level, forcing all three matchups into Armageddon deciders.

Women’s World Champion Ju Wenjun and Zhu Jiner produced a tense battle in which Zhu held strong winning chances at one stage but could not fully convert her advantage in classical play. Zhu later recovered to win the Armageddon game and secure the additional points.

Anna Muzychuk and Humpy Koneru also split the point in classical chess before Muzychuk prevailed in the tiebreak.

Another intense matchup saw tournament leader Bibisara Assaubayeva battle rising Indian talent Divya Deshmukh in a complicated struggle that eventually finished drawn. Divya later captured the Armageddon victory to continue closing the gap in the standings.

Despite the strong performances from her rivals, Assaubayeva remains in first place in Norway Chess Women after three rounds of intense competition in Oslo.

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Sending Eid greetings while driving could cost drivers in UAE Dh800

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With roads across the UAE expected to become significantly busier during the Eid Al Adha holidays, Abu Dhabi Police has called on motorists to avoid using mobile phones while driving, particularly for sending or checking Eid greeting messages.

Officials warned that even a few seconds of distraction behind the wheel can dramatically increase the risk of traffic accidents, especially during the festive period when many families travel for prayers, social visits and celebrations.

Drivers were urged to remain fully attentive while on the road and avoid interacting with messaging applications or social media platforms during their journeys. Authorities advised residents to share Eid greetings either before leaving home or after safely parking their vehicles.

Police stressed that taking one’s eyes off the road, even briefly, can reduce reaction times and make it harder for drivers to respond effectively in sudden emergency situations.

Violators face fine and black points

Under UAE traffic regulations, motorists caught driving inattentively can face fines of Dh800 along with four black points on their licence. Violations include using mobile phones while driving as well as other distracting activities such as eating, applying makeup or adjusting in-car devices while the vehicle is in motion.

Strict rules in Dubai

Authorities in Dubai also highlighted stricter traffic enforcement measures. Dubai Police has been authorised to impound vehicles for up to 30 days for dangerous driving offences, including mobile phone use, tailgating and sudden lane swerving.

The vehicle impoundment penalties are applied alongside existing federal fines and black point violations, as authorities continue efforts to improve road safety and reduce preventable accidents across the country.

Police have urged all road users to drive responsibly during Eid and cooperate with traffic laws to help ensure a safer holiday period for residents and visitors alike.

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