Thank you for reading the news about Chamber led council to boost competitiveness and now with the details
Aden - Yasmine El Tohamy - The newly formed International Advisory Council recently held its first meeting at the Dubai Executive Council's headquarters where member companies discussed efforts to boost economic competitiveness and stimulate business activity in Dubai.
The council, established by Dubai Chamber of Commerce and Industry, announced its plans to review existing regulation, address challenges faced by the business community in Dubai, and bring forward new policy recommendations to enhance the emirate's attractiveness as a global business hub. Offering valuable insights on market conditions, the advisory council is joined by several Fortune 500 and leading companies operating in Dubai such as Amazon, Google, and PepsiCo, MasterCard, MetLife, General Electric, General Motors, UPS, Mondelez International, Procter & Gamble, Careem and McKinsey & Co.
The advisory council is among the key stimulus initiatives launched by Dubai Chamber under the directives of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. During the meeting, council members examined the growing role played by startups and e-commerce in contributing to the economy and stressed the important of adopting measures that support the growth of companies operating within these sectors. The attendees highlighted the need to form specialised working groups comprised of key stakeholders from the public and private sectors who can share their feedback on business-related matters, in addition to their suggestions for improving existing policies.
Addressing council members,Hamad Buamim, president and CEO of Dubai Chamber, described the advisory council as a microcosm of Dubai's diverse business community and said member companies would act as ambassadors promoting the city as preferred place to do business. By establishing the council, Dubai Chamber has created an ideal platform to facilitate public-private partnerships that can stimulate business activity and boost investor confidence in Dubai, he said, adding that multinational companies play a crucial role in cementing the emirate's reputation as a global business hub, fostering a culture of innovation and driving economic growth.
These were the details of the news Chamber led council to boost competitiveness for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.
It is also worth noting that the original news has been published and is available at Khaleej Times and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.