Gulf Today, Monday, Jul 08, 2024 | Muharram 2, 1445
Dubai’s entities collaborate for Dubai Economic Agenda goals
United Arab Emirates:
Dubai Customs welcomed a
high-level delegation from Dubai Chambers, where they discussed ways to
collaborate towards achieving the goals of the Dubai Economic Agenda.
This agenda, directed by His Highness Sheikh Mohammed Bin Rashid Al Maktoum,
Vice President, Prime Minister and Ruler of Dubai, seeks to double Dubai’s
economic size in the next decade and establish it among the top three global
economic cities by creating an ideal investment environment that strengthens
Dubai’s economic stability.
The delegation was received by Dr Abdulla Mohammed Busenad, Director-General
of Dubai Customs, along with Jumaa Al Ghaith, Advisor to the Director
General, and the executive directors and department heads of the
organisation.
Leading the Dubai Chambers delegation was Mohammad Ali Rashed Lootah,
President and CEO of Dubai Chambers, accompanied by several chamber
officials.
During the meeting, they reviewed the strategic priorities of Dubai
Chambers, focusing on enhancing the business environment to stimulate growth
in Dubai, attracting global companies and investments, supporting local
businesses in expanding into promising international markets, and developing
Dubai’s digital economy. They also discussed the ambitious plans of the
three chambers under Dubai Chambers’ umbrella, which include Dubai Chamber
of Commerce, Dubai International Chamber, and Dubai Chamber of Digital
Economy.
Additionally, the discussion covered joint initiatives between Dubai Customs
and Dubai Chambers to develop new services, reinforce Dubai’s regional and
global economic and trade standing, and support the city’s ease of doing
business ranking. These efforts aim to empower the new generation of Dubai
traders across various key sectors and support their global business
expansion in line with the Dubai Economic Agenda.
Dr. Abdulla Mohammed Busenad, Director-General of Dubai Customs, expressed
his satisfaction with the meeting with the Dubai Chambers delegation. He
emphasised the significance of collaborative efforts to enhance sustainable
economic development following the directives of the Dubai government to
boost foreign investment in economic activities, facilitate trade processes
to increase Dubai’s non-oil foreign trade value, and fully utilise the
emirate’s strategic position in global trade with its leading customs and
logistics services. He affirmed Dubai Customs’ dedication to strengthening
cooperation with strategic partners, local entities, and the business and
trade sectors to solidify Dubai’s advanced position in global
competitiveness indices.
Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, highlighted
the strong and successful partnership with Dubai Customs, which is essential
for the growth and development of services provided to the business sectors.
He commended this partnership’s role in enhancing the business-friendly
environment in the emirate and cementing its reputation as a global economic
capital and a major trade hub. He confirmed Dubai Chambers’ commitment to
enhancing efforts to achieve its strategic priorities, which are aligned
with Dubai’s strategic plans and economic agenda.
Separately, Dubai Chambers has signed recently a Memorandum of Understanding
(MoU) with Aramex, a global leader in comprehensive logistics and
transportation solutions. The agreement is aimed at enhancing the services
available to the business community and supporting companies in their
professional activities and operations.
Under the terms of the MoU, Aramex will provide special packages for
companies that are members of Dubai Chamber of Commerce, one of the three
chambers under the umbrella of Dubai Chambers. The packages will offer
comprehensive transportation and logistics solutions for businesses,
together with a range of quality services delivered through Aramex
facilities across the emirate.
Khalid Al Jarwan, Vice President of Operations and acting Vice President of
Digital and Commercial Sectors at Dubai Chambers, commented: “We are
committed to enhancing the competitiveness of the private sector by
improving the quality and efficiency of services available to companies
operating in Dubai in cooperation with partners from the public and private
sectors. Dubai Chambers remains focused on sustaining institutional and
customer excellence as a strategic priority to contribute effectively to the
development of Dubai’s favourable business environment and enhance its
attractiveness among companies and investors.”
Tarek Abuyaghi, General Manager of Aramex, said: “Having trustworthy and
efficient logistics partners is crucial for businesses across various
industries. As the UAE continues to evolve into a global business hub, we
are delighted to join forces with Dubai Chambers to support members of the
Dubai Chamber of Commerce. Drawing on more than four decades of expertise of
Aramex, as well as our data-driven and customer-centric approach, we will
provide tailored logistics solutions that meet the unique needs of each
business.