Dubai Chambers Hosts Estonia Business Seminar with Justice and Digital Affairs Minister
Strengthening Economic Ties
Dubai Chambers, in collaboration with the Government of Estonia and the UAE–Estonia Business Council, hosted the inaugural Dubai–Estonia Business Seminar. This significant event aimed to deepen trade, investment, and innovation ties between two digitally advanced economies.
Held at the headquarters of Dubai Chambers, the seminar attracted prominent figures, including H.E. Liisa-Ly Pakosta, Estonia’s Minister of Justice and Digital Affairs; H.E. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers; and H.E. Maria Belovas, Ambassador of Estonia to the UAE.
Focus on Collaboration Across Sectors
During the seminar, discussions centered around enhancing cooperation between Dubai and Estonian companies across a diverse range of sectors, including advanced technologies, the digital economy, renewable energy, and agritech. Participants identified opportunities to strengthen trade relations and leverage mutual expertise, paving the way for impactful new partnerships.
H.E. Liisa-Ly Pakosta emphasized the importance of collaboration, stating, “The Dubai–Estonia Forum reflects a shared understanding that digital progress is not built in isolation but through collaboration and trust.” She highlighted the UAE’s commitment to innovation and how it parallels Estonia’s vision of using technology to bolster economies and improve quality of life.
Expanding Business Membership
The number of Estonian companies registered as active members of the Dubai Chamber of Commerce saw a significant increase. By the end of the first half of 2025, 95 Estonian companies were confirmed as active members, marking a 37% year-on-year growth in 2024. Notably, 15 new Estonian firms joined the chamber during H1 2025, indicating a strong interest in the UAE’s business landscape.
H.E. Mohammad Ali Rashed Lootah remarked on the strengthening of the relationship between Dubai and Estonia, noting, “The strong and growing relationship between Dubai and Estonia creates a solid foundation for advancing our shared economic goals.” He underscored Dubai’s strategic location and business-friendly regulatory environment, positioning it as an ideal hub for Estonian companies looking to expand internationally.
Growing Trade Relations
Bilateral trade relations have shown robust growth, with non-oil trade between Dubai and Estonia reaching AED 542.3 million in 2024. This figure reflects a year-on-year increase of 10% from AED 494.5 million in 2023, underlining the increasing economic interaction between the two nations.
The seminar featured insightful presentations that elaborated on the strategic advantages of both Dubai and Estonia as places for business establishment and growth. These insights reinforced a shared vision for a prosperous economic future, presenting opportunities for companies in both regions.
About Dubai Chambers
Dubai Chambers functions as a non-profit public entity designed to support Dubai’s vision to emerge as a global economic player. Through the delivery of innovative services and access to influential networks, Dubai Chambers aims to empower businesses. The entity underwent restructuring in March 2021, leading to the formation of three distinct chambers: Dubai Chamber of Commerce, Dubai International Chamber, and Dubai Chamber of Digital Economy.
About Estonia
Estonia is recognized globally for its leadership in digital innovation, featuring fully digital e-governance and the world’s first e-residency program. It boasts the highest number of startups per capita in Europe and offers a competitive business environment characterized by transparency and efficiency. Situated in Northern Europe, Estonia ranks highly for its liberal democracy, political stability, and economic freedom, making it a trustworthy partner in business and diplomacy.
Estonia excels in adapting through innovation, positioning itself as a proactive player ready to tackle contemporary challenges with forward-thinking solutions.
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