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Dubai’s engagement forum helps expand the role of the private sector in developing strategic plans to boost the emirate’s economy.
It has been developed as a platform to guide public-private sector dialogue and collaboration to achieve Dubai Chamber’s strategic priorities and Dubai’s economic ambitions, and to expand the role of Dubai Chamber Advisory Board members in supporting the organization’s advocacy agenda and decision-making process.
The inaugural forum involved its various advisory committees developing new initiatives to support the implementation of the organization’s strategic plan and decision-making process, in line with Dubai’s new economic vision.
ideal platform
Attended by more than 100 business leaders representing a wide range of economic sectors, the forum provided an ideal platform for knowledge sharing, constructive public-private sector dialogue and brainstorming, with attendees presenting practical ideas and solutions to address market challenges and advance possibilities. Sustained economic growth.
High-level speakers and attendees included Abdul Aziz Al Ghurair, Chairman of Dubai Chamber of Commerce, Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, Omar Sultan Al Olama, Minister of State and Chairman of Artificial Intelligence, Digital Economy and Remote Work Applications, Chairman of Dubai Digital Economy Chamber, Dubai Helal Saeed Al Marri, Vice President of the International Chamber of Commerce, Mohammad Ali Rashed Lootah, President and CEO of the Dubai Chamber of Commerce, and Ufku Akaltan, President of UPS India Subcontinent, Middle East and Africa, serve as members of the Dubai Chamber of Commerce Board and Advisory Committee.
Themed on global economic transformation – trends and impacts of local, international and digital businesses, the forum provided an interactive platform where industry leaders showcased their ideas and solutions to support economic growth and improve the ease of doing business in Dubai sex.
round table discussion
The roundtable discussion, led by the Dubai Chamber of Commerce, discussed a wide range of topics, including the sustainability of family businesses, the role of the Advisory Committee in advancing the advocacy agenda and recommendations on how the Dubai Chamber of Commerce can help businesses improve their customer experience.
Meanwhile, the Dubai International Chamber of Commerce Advisory Committee discussed priorities for industry and services, new ways to support manufacturing companies and expand their access to new markets, talent attraction and Emiratisation in strategic priorities, business opportunities and the environment at COP28 challenges related to climate change.
Additionally, the Dubai Chamber of Digital Economy roundtable explored the types of talent Dubai companies should target, how the private sector can strengthen the emirate’s value proposition to attract the world’s brightest minds, and how businesses can capitalize on the new Web3 and consumer trends emerging in the Metaverse Era and opportunities.
build bridges
In his opening remarks, Abdul Aziz Al Ghurair said: “Dubai Chamber of Commerce has been building bridges between multiple business sectors and stakeholders in the UAE to foster strategic public-private partnerships that drive sustainable economic growth in Dubai – we can build This is achieved under the following circumstances. We provide support, guidance and advice to the emirate’s business community.”
“We are organising the ‘Participation Forum’ as an interactive platform to strengthen our communication and partnership with private companies represented on the Advisory Board, allowing us to work together to leverage our strategic focus at the Dubai Chamber of Commerce to improve Dubai’s business environment. emirate, and attracting foreign businesses and investments into Dubai, leading Chamber members to further expand in foreign markets, developing Dubai’s digital economy, and improving the efficiency of the entire legislative and regulatory ecosystem,” added Al Ghurair.
He revealed that with the total number of member companies surpassing 324,000, the Dubai Chamber of Commerce recorded a 15% year-on-year increase in membership in October 2022, a record high. He described 2022 as a “year of change” for the Dubai Chamber of Commerce, characterized by significant structural changes and a refocusing of strategic priorities, targets and KPIs aimed at accelerating economic growth and competitiveness in line with the goals outlined in Dubai’s new vision Progress.
Al Ghurair elaborated on the new functions of the Dubai Chamber, including departments dedicated to supporting the business advocacy efforts and events of the Dubai Chamber, Dubai International Chamber and Dubai Digital Economy Chamber, in addition to a department responsible for strengthening the Dubai Chamber. Customer experience across all touchpoints.
first-of-its-kind program
He revealed that the Dubai Chamber of Commerce recently launched a first-of-its-kind scheme to provide professional training for business groups to enhance their competitiveness and economic contribution, adding that it has also expanded the representation of business groups to cover 100 sectors.
In addition, he revealed that the Chamber of Commerce will launch the Dubai Family Business Center by the end of this year to ensure its sustainability and mobilize these companies to make a greater contribution to the emirate’s economy.
Lastly, he highlighted the Dubai Chamber’s newly adopted three-year communications strategy and restructuring, which will streamline communication channels and stakeholder engagement plans to support and expand the Dubai Chamber’s efforts to drive local, regional and international economic growth.
Attract investment
Speaking at the forum, Dr. Al Zeyoudi said in a video message that Dubai continues to attract investment in new businesses and projects that will help accelerate the development and growth of the UAE’s economy.
“The UAE is going through a phase of tremendous transformation. “We have launched a bold new economic agenda based on knowledge, innovation, technology and talent. Through our New Economic Strategy, we implement a range of policies, programs and initiatives that create new opportunities for the private sector at home and around the world. International trade is at the heart of the UAE’s new economic vision and we have signed comprehensive economic partnership agreements with major global alliances,” said Dr Al Zeyoudi.
“The implementation and success of these economic initiatives will require close coordination and cooperation between the UAE’s local and federal governments, in addition to enhanced ongoing engagement with the UAE’s private sector. The Dubai Chamber of Commerce is working on strengthening this partnership and involving the private sector in the decision-making process. aspects can play an important role,” the minister concluded.
Major achievements
The speeches at the forum focused on the main achievements and activities of the Dubai Chamber of Commerce, Dubai International Chamber of Commerce and Dubai Digital Economy Chamber, clarifying their respective achievements this year, as well as future planning and development strategies.
The agenda also included a roundtable discussion with members of each chamber of commerce’s advisory committee, as well as Ufku Akaltan, president of UPS’s Indian Subcontinent, Middle East and Africa (ISMEA) region, on the logistics services sector in strengthening the competitive economy.
Discussion topics at the Dubai Digital Economy Chamber revolved around the types of talent that digital companies in Dubai should target; how to improve the business environment in Dubai so that companies can thrive and grow into attractive and sustainable market leaders; and finally, Metaverse and Digital The importance of assets in creating new opportunities for the business sector.
Family business
Meanwhile, discussions at the Dubai Chamber of Commerce focused on the sustainability of family businesses and the Chamber’s role in supporting SMEs as well as large corporations to increase their agility and growth. Discussions also touched on the role of the Advisory Committee in supporting the Dubai Chamber of Commerce and its pro-business legislative and policy agenda.
Finally, the Dubai International Chamber of Commerce hosted a discussion under COP28 on the sustainable economy and its role in driving growth, seizing opportunities and overcoming challenges related to the environment and climate change. Discussions also explored the importance of attracting skilled workers and developing new strategies to support economic growth and the UAE’s top priorities. arab trade news agency
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