The Director General of the Dubai Chamber of Commerce and Industry, Hamad Buamim, stressed that the Chamber is committed to activating the partnership of the public and private sectors to face global challenges and enhance the competitiveness of the business environment in the emirate, considering that this partnership is strategic and fundamental and entrenches the role of the Chamber as a representative and supporter of the interests of the business community in the emirate.
Bouamim pointed out that the wise leadership was proactive in making decisions that enhance the competitiveness of the private sector and the business community, as the launch of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council of the Economic Incentive Package for the next three months, is a message from our wise leadership To the business community, that we, the emirate, stand alongside the interests of investors, and will work to enhance their investments and secure an environment conducive to their growth, and will not leave them in the face of global challenges.
Bouamim revealed that the private sector will be on a date with a set of additional incentive arrangements and measures that will be approved by the rational leadership in order to improve the competitiveness of the private sector and support it in facing global challenges, considering that Dubai is proving to the world again the leadership of its economic model and its distinguished position as a global trade center.
Bouamim had met last Thursday at the chamber’s headquarters representatives of the groups and business councils that fall under the chamber’s umbrella during the first quarterly meeting of 2020, when he briefed them on the rational leadership plans to stimulate economic growth and support the business sector, and the discussions that the chamber had with the relevant government departments and departments, about adopting A number of arrangements and measures aimed at reducing the negative impacts of current global challenges, including the spread of the Corona virus emerging (Covid 19) to the business sector in the emirate.
Bouamim explained during the meeting that the Chamber's discussions with the relevant government agencies and departments included focusing on sustaining economic performance through measures that include reducing the financial burden on companies by reducing the cost of doing business and speeding up the flow of capital, stimulating demand for goods and goods to enhance the consumer system, and reviewing some legislation to facilitate And speed up doing business.
The Director General of the Dubai Chamber of Commerce and Industry pointed out that the emirate attaches great importance to the business community and is keen to support its interests, enhance its competitiveness and help it find solutions to the challenges it faces.
Bouamim pointed out that the precautionary and preventive measures that the government followed to confront the risk of the spread of the (Covid 19) virus were extremely transparent, clear and professional, and took into account the security and safety of citizens and residents, considering that the state was one of the first countries to prevent and address corona, and possesses an integrated system of services and procedures The health and preventive measures that have proven effective in limiting the spread of the virus in the country, praising the efficiency of Emirati precautionary measures that have reduced the repercussions of this global crisis.
The Director General of the Dubai Chamber stated that the current situation resulting from the crisis poses a challenge for the business sector, as the economic situation is currently being evaluated, and work is being done to innovate solutions that reduce the negative repercussions of the crisis on the business sector, noting that Dubai’s impact on this crisis is natural given the emirate’s position The world-class financial and business world, and its reputation as a global tourist, logistical and commercial center connecting all global markets.
He stressed that the priority of the Chamber during the current period is to ensure the continuity of work continuity despite the blurring of the global economic scene, and to try to mitigate any negative impact on the business sector through open dialogue with both the public and private sectors, pointing out that remote work for the business sector has become a tangible reality that enables companies From dealing with global changes, stressing that Dubai is able to find solutions to the global challenges it faces by activating the strategic partnership between the public and private sectors.
The representatives of the private sector who attended the meeting praised the efforts of the Dubai Chamber in organizing this meeting, its transparency in presenting challenges, and its keenness to help the private sector in raising its competition despite global challenges, considering that the Emirate of Dubai possesses the capabilities and capabilities, which makes it able to face the challenges and ensure the continuity of work efficiently High.
The Director of the Representative Office in China gave a briefing to the participants in the meeting about the developments of the outbreak of the virus in China and its economic effects on the world and the Emirate of Dubai, indicating that China has had exceptional experiences that can be used in the health and electronic fields, especially remote work, as the briefing was appreciated and praised by the participants , Praising the Chamber's role in representing and supporting the interests of the business community in the emirate.