Dubai Chambers board sets priorities under new strategy 2022-2024

Dubai Chambers board of directors has approved the organisation’s strategy for the next three years (2022-2024), which is based on four main pillars, namely improving Dubai’s business environment, attracting foreign investment and international companies to the emirate, supporting its member companies in global expansion and developing Dubai’s digital economy.

The priorities listed in the newly approved strategy were announced during the council’s first formal meeting of 2022, held at Dubai Chambers headquarters and chaired by H.E. Abdul Aziz Al Ghurair, Chairman of Dubai Chambers.

H.E. Omar Sultan Al Olama, Chairman of Dubai Chamber of Digital Economy, H.E. Sultan Bin Sulayem, Chairman of Dubai International Chamber, and board members H.E. Khalid Juma Al Majid, H.E. Dr Raja Iasa Saleh Al Gurg, H.E. Buti Saeed Mohammad Al Gandhi; Patrick Chalhoub; E. H.E. Faisal Juma Kalfan Belhoul; H.E. Tariq Hussain Hansaheb; H.E. Dr Amina Alrostamani; H.E. Helal Saeed Al Marri; and Ghassan Al Kibsi; in the presence of H.E. Hamad Buamim, president and CEO of Dubai Chamber.

During the meeting, the board approved the organisation’s budget for 2022 and established new committees tasked with overseeing investment, audit, risk, appointments and remuneration.

Board members discussed potential plans to be implemented under the new strategy, which are in line with Dubai’s strategic vision and support the plans announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, to increase Dubai’s trade volume to Dh2 trillion in five years.

The chairman and council members congratulated His Highness Sheikh Mohammed on his 16th anniversary in office and expressed gratitude for his wise leadership that has set Dubai and the UAE on a stable path of prosperity and progress.

His Excellency Al Ghurair said that the adoption of the Chamber’s strategy for the next three years reflects the Chamber’s commitment to realising the vision of His Highness Sheikh Mohammed and extends the role of the Dubai Chamber as an important organisation supporting the growth of Dubai’s economy. He described the strategy as a blueprint for a competitive economy with bolder ambitions, able to adapt to future challenges.

He noted that ensuring a business-friendly regulatory environment, promoting public-private collaboration and partnerships, policy advocacy and improving customer service standards will also remain top priorities for Dubai Chambers as it works to achieve its new ambitions. Dubai Chambers was established at the behest of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, as part of the recent government restructuring aimed at the inclusive economic development of Dubai. The organisation operates on a three-chamber model, comprising the Dubai Chamber of Commerce, the Dubai International Chamber and the Dubai Digital Economy Chamber.

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