Dubai – Mubasher: Dubai attracted more than 16,000 new businesses during 2017, Dubai Chamber’s president and CEO Hamad Buamim said on Tuesday.

Over the course of 2017, Dubai Chamber’s exports to Saudi Arabia increased 17% to AED 103 billion from a year earlier, making the kingdom the top importer of the Chamber’s products, Emirates News Agency (WAM) reported, citing Buamim as saying.

The official noted that the chamber’s expansionary strategy enhanced Dubai financial position.

“2017 was a transformational year for Dubai marked by remarkable economic and social progress, as well as the adoption of forward-thinking strategies and emerging technologies,” Buamim concluded.