Dubai Chambers and the Los Angeles Area Chamber of Commerce have formalized a strategic alliance, signing a Memorandum of Understanding (MoU) to substantially increase bilateral trade and investment between the business communities of Dubai and Los Angeles. Announced on November 19, 2025, the agreement establishes a comprehensive framework to deepen economic ties, facilitate commercial ventures, and promote knowledge exchange between the two major global hubs. This move, secured during the high-profile Dubai Business Forum – USA in New York City, is central to Dubai’s broader strategy to solidify its standing as a top-tier international commercial center.
Paving the Way for Broader Economic Collaboration
The signing ceremony featured His Excellency 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 MoU outlines specific efforts to bolster economic and commercial collaboration, focusing on streamlining market access for businesses in both jurisdictions.
The agreement’s primary objectives include facilitating business networking, promoting foreign investment, and fostering collaboration opportunities for startups and established companies seeking international expansion. Both entities will exchange best practices and market insights to ensure a more agile, competitive environment for their respective members.
The signing took place amidst the Dubai Business Forum – USA, an event critical to strengthening transatlantic economic relations. The forum drew over 700 prominent business leaders, investors, and officials, and featured the largest overseas delegation ever organized by Dubai Chambers, comprising more than 80 senior representatives from Dubai’s public and private sectors. The significant turnout underscored the mutual commitment to enhancing trade routes and investment flows between the Gulf region and the United States.
Aligning with Dubai’s D33 Economic Agenda
This latest collaboration is a crucial component of Dubai Chambers’ commitment to the ambitious Dubai Economic Agenda (D33). Launched recently, D33 aims to double the size of the emirate’s economy within a decade and secure Dubai’s position among the world’s top three global cities.
By partnering with a key economic gateway in the United States, Dubai Chambers reinforces its mission to attract international companies and foreign direct investment (FDI), actively supporting the global expansion of its member companies. Furthermore, the collaboration is expected to enhance Dubai’s overall business environment and the competitiveness of its regulatory framework.
The relationship between Dubai, a pivotal node in global supply chains bridging East and West, and Los Angeles, a dynamic leader in technology, logistics, entertainment, and a critical port for trans-Pacific trade, presents substantial opportunities. This formal cooperation is anticipated to create immediate opportunities in logistics, digital trade, sustainable technology, and professional services.
Next Steps for Business Engagement
Businesses in both the Los Angeles area and Dubai should anticipate tailored initiatives, including trade missions, B2B matchmaking events, and joint webinars designed to provide actionable market intelligence. The framework established by the MoU is a clear signal to enterprises that both chambers are dedicated to removing trade barriers and fostering new commercial partnerships. Ultimately, the successful implementation of this agreement is vital for diversifying and strengthening the economic foundations of both regions, contributing significantly to the global commerce landscape.