Dubai Chambers and FKCCI sign MoU to boost Karnataka trade

Dubai Chambers has signed a Memorandum of Understanding (MoU) with the Federation of Karnataka Chambers of Commerce and Industry (FKCCI) to enhance trade and investment between Dubai and the Indian state of Karnataka.

The agreement aims to create mechanisms that support Karnataka-based companies in expanding into Dubai. Participating businesses will receive assistance with regulatory requirements, market data, and support for establishing branches or headquarters in the emirate.

To facilitate this cooperation, both parties plan to organize joint business events, exchange market insights, and conduct reciprocal trade missions and business delegations. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, stated that the goal is to help Indian companies utilize Dubai’s strategic position as a global business hub.