Thailand’s direct investments in Dubai have reached approximately US$626 million over the last five years, according to Mohamed Ali Rashed Lootah, Director General of Dubai Chambers. He voiced optimism for future growth, citing continuing efforts to strengthen economic collaboration between the two regions. Thailand is regarded as one of Dubai’s important trading partners in the ASEAN area, and expanded field presence is viewed as critical in strengthening private-sector engagement and enabling new economic prospects.
Non-oil trade between Dubai and Thailand has increased significantly in recent years. According to data, trade volume is expected to reach over US$6.5 billion, up 23% from US$5.3 billion in 2023. This spike demonstrates the positive trend in economic relations and emphasises Thailand’s strategic importance in Dubai’s international trade expansion objectives.
The deepening of links between Thailand and Dubai is consistent with broader regional economic plans. The UAE’s involvement in BRICS is projected to boost multilateral trade and investment opportunities, improve access to emerging markets, and facilitate the development of non-oil sectors. This integration helps the UAE achieve its goals of diversifying its economy and positioning itself as a global capital centre.
