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Dubai Chamber says findings of the forum will be sent to the Dubai Government to help in policy formation
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500 people representing 24 key sectors attend the forum
Growing focus on Dubai’s digital economy is expected to modernize the emirate’s key sectors and support the development of emerging industries, a majority of speakers said at a forum on Monday.
The Future Growth Forum was organized by the Dubai Chamber of Commerce and Industry and saw the participation of 500 entities representing 24 sectors that are key contributors to Dubai’s economy participated. UAE ministers and government officials were among the participants.
A statement issued by the Chamber said that in 24 sessions the participants discussed market challenges and opportunities besides making recommendations for driving sustainable economic growth and reducing the cost of doing business in Dubai.
It added that the forum was initiated following the recent directives of Dubai crown prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum to reduce government-related procedures for businesses by 30 percent over the next three months.
Reem Al Hashimy, UAE minister of state for international cooperation and director general of Expo 2020, explained how the mega event will accelerate Dubai’s economic recovery and draw the world’s attention to the emirate.
The event will offer opportunities to access more than 190 markets on all continents, engage with government leaders and partner with the wider UAE ecosystem, she said.
Business representatives highlighted the main areas where they would like to see the government improve its processes and procedures such as adopting cutting-edge digital solutions that can save businesses time and money and further improve ease of doing business in Dubai.
“The findings from The Future Growth Forum will be analyzed by Dubai Chamber and formally communicated to the Dubai Government to help with policy formation and executive decision-making,” the statement said.
