Dubai Chambers, in collaboration with the Government of Estonia and the UAE–Estonia Business Council, has successfully hosted the first-ever Dubai–Estonia Business Seminar, a landmark event dedicated to deepening trade, investment, and innovation ties between the two digitally advanced economies.

“The Dubai–Estonia Forum reflects a shared understanding that digital progress is not built in isolation but through collaboration and trust. The UAE’s determination to embed innovation across every sector mirrors Estonia’s own belief that technology is a means to strengthen economies and improve people’s lives,” said H.E. Liisa-Ly Pakosta, Minister of Justice and Digital Affairs for the Republic of Estonia.

A total of 95 Estonian companies were registered as active members of Dubai Chamber of Commerce by the end of H1 2025.

“The UAE is a nation turning ambition into action, creating an environment where Estonian expertise can contribute meaningfully to projects that are reshaping governance, business, and daily life. We are proud that our companies are making an effort to find their place within this vision for a smarter and more connected future,” added Pakosta.

Held at Dubai Chambers’ headquarters, the seminar was attended by H.E. Liisa-Ly Pakosta, Minister of Justice and Digital Affairs for the Republic of Estonia; H.E. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers; and H.E. Maria Belovas, Ambassador of the Republic of Estonia to the United Arab Emirates.

Dubai and Estonia unite to drive growth in tech, trade, and sustainability

Discussions explored ways to enhance cooperation between companies from Dubai and Estonia across a broad range of sectors including advanced technologies, the digital economy, renewable energy, the automotive industry, agritech, construction, logistics, and the maritime industry. Participants examined opportunities to strengthen trade relations, leverage mutual expertise in key sectors, and pave the way for impactful new partnerships.

Estonian companies that participated in the seminar were Helmes, Rebase Consult, R8 Technologies, Alpha 3D, Bamboo Group, CybExer Technologies, FoxSec, Miltton CIO World, Nortal, Omnicomm, SelectZero, Skeleton Technologies, Dexatel, MaritimeX, Inpuit, Ocean Visuals, Sõõrumaa, Edtech Consortium, Milrem Robotics

“The UAE is a nation turning ambition into action, creating an environment where Estonian expertise can contribute meaningfully to projects that are reshaping governance, business, and daily life.”
Liisa-Ly Pakosta, Minister of Justice and Digital Affairs for the Republic of Estonia

“The strong and growing relationship between Dubai and Estonia creates a solid foundation for advancing our shared economic goals. We remain committed to enhancing bilateral partnerships across key sectors. Dubai’s strategic location, world-class infrastructure, and business-friendly regulatory environment make it an ideal platform for Estonian companies seeking international expansion and access to new markets across the region,” said H.E. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers.

The seminar — the first of its kind focused exclusively on Estonia — showcased Estonia’s globally recognised digital ecosystem and its role as a gateway to the European Union’s 450-million-person market. Discussions explored collaboration in advanced technologies, renewable energy, digital governance, mobility, logistics, and agritech, highlighting how Estonian innovation can complement Dubai’s role as the region’s leading business hub.

Estonian companies in Dubai Chamber rise 37% to 95 firms

Estonian companies’ presence in Dubai has grown rapidly, with 95 firms now registered as active members of the Dubai Chamber of Commerce — a 37% increase year-on-year. During the first half of 2025 alone, 15 new Estonian companies joined the chamber. Bilateral trade continues to expand, with Dubai–Estonia non-oil trade rising by 10% in 2024 to reach AED 542.3 million (USD 147.7 million), up from AED 494.5 million (USD 134.7 million) the previous year.

“The strong and growing relationship between Dubai and Estonia creates a solid foundation for advancing our shared economic goals.”
Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers

Bilateral trade relations have also witnessed steady growth, with the value of non-oil trade between Dubai and Estonia rising by 10% to AED 542.3 million in 2024, compared to AED 494.5 million in 2023.

The event also featured presentations on the strategic advantages of operating in both markets — from Dubai’s global connectivity and investment ecosystem to Estonia’s digital infrastructure and e-Residency program, which enables entrepreneurs to establish and manage EU-based companies entirely online. This first-of-its-kind platform reaffirmed the shared ambition of both nations to turn innovation into opportunity and build a smarter, more connected economic partnership for the future.

GOOD TO KNOW

• Estonia is a global leader in digital innovation. Known for its fully digital e-governance, the world’s first e-residency program, and boasting the highest number of startups per capita in Europe, Estonia offers a hassle-free and competitive business environment for global businesses.
• With a focus on transparency, efficiency, and forward-thinking solutions, Estonia is a trusted partner in business and diplomacy.
• Whether for work, investment, or exploration, Estonia provides a unique blend of innovation, opportunity, and quality of life.
• Situated in Northern Europe, Estonia consistently ranks high internationally for liberal democracy, political stability, economic freedom, and low corruption.
• Dubai Chambers is a non-profit public entity that supports Dubai’s vision as a global player by empowering businesses, delivering innovative value-added services, and unlocking access to influential networks.
• In March 2021, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the restructuring of Dubai Chamber of Commerce and the formation of three chambers for the emirate, namely Dubai Chamber of Commerce, Dubai International Chamber, and Dubai Chamber of Digital Economy, which now operate under the umbrella of Dubai Chambers.

Are you interested in trading with Estonia? Enterprise Estonia is providing sourcing services for foreign enterprises. Contact Estonian export advisors or use our free e-consulting service to start trade with Estonia.