His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, affirmed that the Dubai Chamber of Commerce played a major role in developing Dubai’s economy and in building the emirate’s reputation as a vital center for business and finance in the region.
During his meeting with members of the Board of Directors of the Dubai Chambers of Commerce yesterday, His Highness stressed the priority of the economy in the next stage, saying: “My message to everyone: the economy is our priority… and you are our partners… and our hand in yours will take the UAE towards a renewed, prosperous and solid economic future.”
His Highness pointed out that the global economy has witnessed a tremendous change, and Dubai has developed and made great leaps, indicating that the goal is for Dubai to be the capital of the first economy in the world, stressing His Highness to mobilize all creative minds and exceptional efforts to move the economic movement in Dubai to new horizons.
In detail, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, met in the presence of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, and His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai. His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Media Council, and Honorary President of the Dubai Chamber of Commerce, Juma Al Majid, Chairman of the Board of Directors of Dubai Chambers, Abdulaziz Al Ghurair, and Chairman of the Executive Office of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Mohammed bin Abdullah Al Gergawi; With the members of the Board of Directors of the Dubai Chambers of Commerce after completing the restructuring of the three chambers, defining the tasks and competencies, and setting work priorities for the next stage, in order to ensure the improvement of the performance of the Dubai Chambers of Commerce, which constitutes one of the most important pillars of the economy of the Emirate of Dubai, and to enhance its role as the main engine for the development of various sectors economic, and a vital support umbrella for the financial and business environment, in terms of enabling and providing all forms of technical, logistical, procedural and legislative support, within a strategic vision that seeks to consolidate Dubai’s historical position in the region as an economic metropolis that is the most active and integrated, the most developed and the fastest growing, and the most An introduction to the various global economic experiences.
His Highness Sheikh Mohammed bin Rashid Al Maktoum thanked the members of the Dubai Chambers of Commerce Council for the efforts they have made in recent years, and their role in making a quantum leap in creating a business environment that possesses all the ingredients for growth and prosperity, attracting expertise and investments, and an ideal incubator for all types of economic activities.
His Highness said: “The global economy has witnessed a tremendous change, and Dubai has developed and made great leaps… and today we are the global capital of the economy.”
His Highness added: “Today, we are thinking about the next 50 years. We are thinking about future generations. This is our duty for all of us.”
His Highness recalled the historical role of the Dubai Chamber of Commerce in placing the emirate on the map of the region’s economy, saying: “The Dubai Chamber of Commerce was established more than 55 years ago, and from the days of Sheikh Rashid until today, we have relied on (the Chamber) to communicate with merchants, convey their opinions and meet their needs, and providing them with all forms of support,” His Highness pointed out, pointing out that the Dubai Chamber of Commerce played a major role in developing Dubai’s economy, and in building the emirate’s reputation as a vital center for business and finance in the region.
The priority is the economy
His Highness Sheikh Mohammed bin Rashid Al Maktoum stressed the importance of moving the Chamber’s performance to a completely new level by restructuring it. His Highness said: “We have developed the Dubai Chamber of Commerce, and divided it into three rooms… and each room has a different role… and it has goals and results.” It is expected, and we will follow up on its implementation and implementation on the ground.”
His Highness addressed the members of the chambers, saying: “My message to all: the economy is our priority… and you are our partners… and our hand is in your hand. We will take the UAE towards a renewed, prosperous and solid economic future.”
His Highness added: “The economy has priority in the next stage, and we must mobilize all our creative minds and our exceptional efforts to move the economic movement in Dubai to new heights.”
His Highness concluded by saying: “Our goal is for Dubai to be the first economic capital in the world.”
His Highness Sheikh Mohammed bin Rashid Al Maktoum recently approved the restructuring of the Dubai Chamber of Commerce, and the formation of three chambers for the emirate, including: the Dubai Chamber of Commerce and Industry, the Dubai International Chamber, and the Dubai Chamber for Digital Economy, as part of a comprehensive integrated approach that seeks to rebuild its tools and working mechanisms and defining the tasks and competencies of each chamber, to contribute to the transition of the business environment in the Emirate of Dubai to a new stage within the framework of the next 20-year development process, so that these three chambers work to consolidate Dubai’s position on the regional and global map, as the capital of the most developed and fastest growing economy, and the environment The ideal to embrace and absorb all the different and bold ideas, as well as expand the horizons of foreign trade for Dubai, and provide support to the various economic sectors in the emirate in parallel with supporting the interests of regional and international companies based in Dubai, in addition to establishing new investment opportunities in the digital economy, one of the levers of the future economy.
Deputy Head of State:
• “Dubai has developed and made great leaps… and today we are the global capital of the economy.”
• “Today we think about the next 50 years…and future generations…and this is our duty for all of us.”
Dubai Chamber of Commerce
The tasks of the Dubai Chamber of Commerce include representing, supporting and protecting the interests of regional and international companies based in Dubai, promoting attracting investments and establishing companies in Dubai in coordination with other chambers, forming specialized work teams to provide technical, logistical and legislative support to companies, providing innovative solutions, and providing entrepreneurs and companies with data. And information about companies and the business environment, and provide a stimulating and attractive business environment through the establishment and support of business groups and councils in Dubai.
Dubai Chamber of Digital Economy
The tasks of the Dubai Chamber of Digital Economy include transforming Dubai into a global center for the digital economy, attracting international investments in the digital trade and industry sectors, attracting businessmen, companies and global talents in the field of advanced technology, providing the necessary support and facilities, and accelerating efforts to establish the best digital infrastructure in the emirate. Building capabilities and leadership cadres, and developing policy proposals and legislation necessary to enhance the digital economy environment in Dubai, and raise the competitiveness of national companies.
Dubai International Chamber
The objectives of the Dubai International Chamber include: enhancing Dubai’s position as a major center for global trade, companies and foreign investments, attracting businessmen, companies and global investors, working to strengthen the relationship between global investors and local and federal government agencies, developing incentive programs for international investors who are members of the Chamber, and providing support to major international companies and facilitation of international trade services.
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