His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, affirmed that Dubai continues to consolidate its position as a major capital of the global economy, in translation of the visions of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, “may God protect him.” And his directives to provide the best foundations for sustainable economic growth, and to harness all capabilities and energies to improve global competitiveness indicators, so that Dubai will be the best destination for work and living in the world.
His Highness also confirmed that Dubai is moving steadily towards achieving the ambitious goals included in the Dubai Economic Agenda D33, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, which aims to double the size of Dubai’s economy and make it among the top 3 economic cities in the world and consolidate the emirate’s position among the 4 most important financial centers. around the world over the next ten years.
His Highness explained that the distinguished performance of Dubai’s economy and its achievement of strong growth rates in all vital sectors reflects sound planning, effective institutional work, flexibility of procedures, efficiency in dealing with global developments and new trends in the world of finance and business, and the confidence of investment institutions, international companies and businessmen in Dubai’s economy and its ability. To provide competitive advantages that guarantee the highest growth rates for all partners.
This came during the attendance of His Highness the Crown Prince of Dubai with part of the Dubai Council at the annual meeting organized by the Dubai Department of Economy and Tourism in cooperation with the Dubai Chambers at Al Bahr Palace in Dubai, to explore innovative opportunities for investment and implement joint initiatives that would build on the successes achieved by the Dubai Economic Agenda D33. Launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, “may God protect him,” early last year.
This meeting comes in the wake of the active and positive participation in this meeting over the past year, which came out with important recommendations that have been implemented to accelerate the pace of growth, while the focus during this year has been on pioneering strategies for economic development that will contribute to giving more momentum to the Dubai Economic Agenda D33. Under the directives of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, and the follow-up of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, as well as close cooperation between the public and private sectors.
More than 200 officials, businessmen, decision-makers, entrepreneurs, key representatives of multinational companies based in the UAE, and international investors participated in the Dubai Council, which included meaningful sessions and discussions on various topics and opportunities to promote sustainable economic growth.
At the forefront of the participants were His Excellency Abdul Aziz Abdullah Al Ghurair, Chairman of the Board of Directors of Dubai Chambers, and His Excellency Helal Saeed Al Marri, Director-General of the Department of Economy and Tourism in Dubai.
The meeting reviewed the success of Dubai’s “One Dubai” approach, which is to unify efforts to advance economic progress across various sectors, including family businesses, investors, banks, government projects, and multinational companies. The commitment was also highlighted. Dubai is establishing strong and vibrant partnerships between the public and private sectors.
The Dubai Council also attracted the participation of an elite group of prominent entrepreneurs, international investors, and senior government officials, who participated in practical dialogues centered around the achievements of the Dubai Economic Agenda D33 since its launch in early 2023, and priority initiatives and sectors.
The discussions covered emerging trends in the market, best practices, innovative partnerships, advanced economic policies, and reforms aimed at enhancing the emirate’s competitive capabilities, as well as consolidating its position as a leading global city for business and entertainment, and the best destination to live, work, visit, and invest.
This meeting represents a practical step for the business community towards achieving the economic aspirations of the emirate, and an opportunity to confirm its continued support for the goals of the wise leadership, thus enhancing Dubai’s position as a leading center for innovation, investment and sustainable development.
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