Dubai and Los Angeles Chambers Forge New Economic Alliance
Dubai Chambers has signed a new agreement with the Los Angeles Area Chamber of Commerce to boost economic ties between the two cities. The partnership aims to strengthen trade, investment, and business collaboration on a global level. Officials from both sides formalised the deal in a move to deepen cross-border opportunities.
The Memorandum of Understanding (MoU) was signed by Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, and Martin K. Breidsprecher, Chief Financial and Operating Officer of the Los Angeles Area Chamber of Commerce. The agreement sets out a framework for closer cooperation in key areas.
The deal will help businesses from Dubai and Los Angeles expand internationally and build deeper economic relationships. It establishes a structured approach to collaboration, with a focus on long-term growth. Both chambers will now work to implement joint initiatives under the new framework.
