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Friday, November 15, 2024
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Dubai Digital Assets Business Group established by Dubai Chamber of Commerce

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The Dubai Digital Economy Chamber established the Dubai Digital Assets Business Group (D2A2) with the aim of strengthening the role of the digital asset industry in the economic development of the UAE and the wider Middle East.

The main objectives of the new business group include: promoting the digital asset industry in Dubai, increasing transparency through market intelligence and data, supporting the interests and development of digital asset companies, and promoting cross-border cooperation.

Omar Sultan Al Olama, Chairman of the Dubai Digital Economy Chamber and Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, highlighted the formation of D2A2 as a strategic move in line with the Dubai Digital Economy Chamber’s strategy to fast-track the development of Dubai’s digital economy.

ideal platform

He noted that the group provides an ideal platform for companies operating in the digital asset space to unify their voices, address market challenges and align their ambitions, adding that these efforts will accelerate Dubai’s digital transformation, and Realizing the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, will cement the UAE’s position as the global capital of the digital economy.

Al Olama said that the digital economy is the backbone of the future economic development process, and D2A2 will be an important reference, providing strategic and up-to-date market research data related to the digital asset sector to industry stakeholders, the private sector, policy makers and governments entity.

Gaurang Desai, Chairman of D2A2, said: “We see an opportunity to turn Dubai and the UAE into a regional digital asset hub. This is why it is important to build a bridge for the digital asset industry to further integrate into the world economy by partnering with counterparts around the world. We We hope to welcome all experts in the industry to D2A2 and help us spread the principles of accountability, integrity and transparency, and promote the highest professional and ethical standards.”

development tools

“D2A2 will strengthen the digital asset industry’s commitment to society by educating the public and developing tools to enhance access and advancement of technology for all. It will also support the digital asset industry’s efforts to improve quality, environment, energy management and investor protection ,” Desai added.

Business groups and councils play a vital role in promoting and supporting Dubai’s economy as they work together to ensure a conducive business environment and support the interests of their respective members.

The Dubai Chamber of Commerce works closely with the various Dubai business groups and councils operating under its umbrella to address common challenges and share their recommendations to improve ease of doing business and provide them with access to global growth opportunities. — arab trade news agency

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