Dubai Chamber board adopts 90-day plan for business growth

2 min read
  • The event  eyes 100,000 business leaders

  • Key challenges facing companies discussed

The newly formed board of Dubai Chamber of Commerce at its first meeting adopted a 90-day plan to drive business growth in Dubai, which includes maximizing exposure of the forthcoming Expo 2020 Dubai.

One of the plan’s objectives is to drive participation and attract 100,000 business leaders to attend the mega event scheduled 20 October 2020 – 10 April 2021.

The board said in a statement that other objectives of the plan include addressing key challenges facing companies and setting priorities on a federal and local level with the aim of developing effective solutions besides supporting the development of digital economy as a key contributor to the emirate’s sustainable growth.

The objectives are supported by the Future Growth Forum, which was recently launched by Dubai Chamber as a platform to promote public-private sector cooperation.
The first forum, held earlier this week, was attended by 500 business leaders representing 24 sectors that are key to Dubai’s economy.

The meeting, headed by Abdul-Aziz Abdulla Al Ghurair, Chairman of Dubai Chamber of Commerce, was attended by board members Majid Hamad Rahma Al Shamsi, Hisham Abdullah Al Shirawi, Patrick Chalhoub, Hind bin Khirbash, Mohammad Abdul Ghafar Hussain, Shehab M. Gargash and Saeed Saif Al Ghurair.

The statement said board members discussed the various roles that Dubai Chamber of Commerce will play in enhancing Dubai’s value proposition and economic competitiveness in line with the directives of Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum in March of this year.

The directives established a new structure for Dubai Chamber comprising three chambers – Dubai Chamber of Commerce, Dubai Chamber of International Trade and Dubai Chamber of Digital Economy.

During the meeting, Al Ghurair said Dubai Chamber of Commerce will continue to play its crucial role in representing, supporting and protecting the interests of businesses in Dubai, while exploring new ways to meet the changing needs of Dubai’s fast-growing and dynamic business community.

The formation of three chambers of commerce is aimed at supporting international trade and the digital economy and a five-year plan to increase Dubai’s foreign trade from AED 1.4 trillion to AED 2 trillion over the next five years.