What is the primary goal of the Uzbekistan Business Council?

The primary goal is to strengthen cooperation between the business communities in Dubai and Uzbekistan, support the growth of trade and investment ties, and expand opportunities for collaboration across diverse sectors.

Who launched the Uzbekistan Business Council?

The Uzbekistan Business Council was launched by the Dubai Chamber of Commerce, which operates under the umbrella of Dubai Chambers.

What was the value of non-oil trade between Dubai and Uzbekistan in 2025?

Non-oil trade between Dubai and Uzbekistan reached AED 10.3 billion in 2025, reflecting significant economic engagement.

How many Uzbek companies were members of the Dubai Chamber of Commerce in 2025?

In 2025, the number of active Uzbek companies registered as members of Dubai Chamber of Commerce rose to 826, indicating an annual growth of 21.3%.

What role do Business Councils play under the Dubai Chamber of Commerce?

Business Councils represent investor communities from different nationalities operating in Dubai, working with the chamber to facilitate bilateral trade and investment between companies in Dubai and their counterparts in the respective countries, thereby strengthening cross-border economic partnerships.

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Economy·29 August 2026

Dubai Chamber of Commerce Establishes Uzbekistan Business Council to Boost Trade and Investment

Dubai Chamber of Commerce has launched the Uzbekistan Business Council to foster greater economic cooperation, trade, and investment between Dubai and Uzbekistan.

The Dubai Chamber of Commerce, operating under the umbrella of Dubai Chambers, has announced the formation of the Uzbekistan Business Council. This new entity is designed to strengthen economic collaboration, enhance trade, and facilitate investment opportunities across various sectors between Dubai and Uzbekistan.

The inaugural meeting of the council, held at Dubai Chambers’ headquarters, focused on strategies to cultivate new business ventures and advance mutual investments. Discussions also aimed at reinforcing connections between Uzbek companies and their Dubai-based counterparts, promoting the exchange of expertise and data, and planning bilateral business events.

Driving Bilateral Economic Growth

Maha Al Gargawi, Vice President of Business Advocacy at Dubai Chambers, emphasised that the Uzbekistan Business Council will serve as a crucial platform for fostering trade and investment partnerships. The council is expected to create new avenues for cooperation, contributing to sustainable, long-term economic growth between the business communities of both markets.

Ulugbekhon Maksumov, Chairman of the Uzbekistan Business Council in Dubai and Founder and CEO of Aksum Group, highlighted the council’s role as a practical platform for entrepreneurs to connect with trusted partners, for investors to discover new opportunities, and for companies from both nations to expand together.

Strengthening Dubai's Hub Status

This establishment underscores Dubai’s increasing significance as a central hub for Uzbek businesses and investors. Non-oil trade between Dubai and Uzbekistan reached AED 10.3 billion in 2025. In the same year, the number of active Uzbek companies registered with the Dubai Chamber of Commerce grew to 826, marking an annual increase of 21.3%. Also, the chamber welcomed 75 new Uzbek companies as members during the first half of 2026.

Business Councils under the Dubai Chamber of Commerce represent various national investor communities within the emirate. They collaborate closely with the chamber to facilitate bilateral trade and investment, thereby strengthening cross-border economic partnerships.

Frequently asked

Questions, answered

What is the primary goal of the Uzbekistan Business Council?: The primary goal is to strengthen cooperation between the business communities in Dubai and Uzbekistan, support the growth of trade and investment ties, and expand opportunities for collaboration across diverse sectors.
Who launched the Uzbekistan Business Council?: The Uzbekistan Business Council was launched by the Dubai Chamber of Commerce, which operates under the umbrella of Dubai Chambers.
What was the value of non-oil trade between Dubai and Uzbekistan in 2025?: Non-oil trade between Dubai and Uzbekistan reached AED 10.3 billion in 2025, reflecting significant economic engagement.
How many Uzbek companies were members of the Dubai Chamber of Commerce in 2025?: In 2025, the number of active Uzbek companies registered as members of Dubai Chamber of Commerce rose to 826, indicating an annual growth of 21.3%.
What role do Business Councils play under the Dubai Chamber of Commerce?: Business Councils represent investor communities from different nationalities operating in Dubai, working with the chamber to facilitate bilateral trade and investment between companies in Dubai and their counterparts in the respective countries, thereby strengthening cross-border economic partnerships.

Reported by

Zawya — UAE Real Estate

View original coverage

This brief was summarised and rewritten by Gaia Living from public reporting. Figures and details reflect the original sources.

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