Rami Zaki, Chairman of the Board of Directors of the Multinational Companies Group in Dubai, which operates under the umbrella of the Dubai Chamber of Commerce and Industry, affirmed that Dubai will remain attractive to investors, and a preferred headquarters for international companies, with its ingredients and vision that enables it to compete in the post-Corona world. The Mustache (Covid-19).
He said in a remote dialogue with «Emirates Today»: «The UAE government is the most prepared for the post (Corona) phase, which will focus on a fundamental change in the economy, especially when talking about (green economy) and (digital economy).
In detail, Rami Zaki, Chairman of the Board of Directors of the Multinational Companies Group in Dubai, which operates under the umbrella of the Dubai Chamber of Commerce and Industry, said: “Dubai will remain attractive to investors, and a preferred headquarters for international companies, with its ingredients and vision enabling it to compete in a post-virus world. (Corona) ».
He added, in a remote dialogue with "Emirates Today": "The cities of the world that seek to achieve the status of Dubai International, as a destination for investment, will witness great competition."
Zaki stressed that Dubai has all the ingredients that reinforce its position, as it succeeded in reaching an important and significant position in record time, due to the vision of its clear leadership and its tireless work that puts the emirate on the path of the future, which was evident from its dealings with the pandemic of a pandemic. 19 »In the world, and its effects on economic sectors.
Zaki considered that "the role of Dubai will continue with the efforts made to keep it an international destination for investment and to continue in the same prestigious position that will enable it to play a major role in the region and the world in the field of investment."
Challenges and opportunities
Zaki said: “A pandemic outbreak (Covid-19) is a challenge in the short term, but it is an opportunity in the medium and long term for several sectors, as the crisis will double the opportunities of economic sectors, including e-commerce, industry, education, technology, the health sector and banks. Electronic payments, as the crisis established the principle that there is no impossible, and that crises are always established and opportunities are created when dealing flexibly with them. ”
Zaki, who is also Vice President for Public Policy at MasterCard International, stressed that the UAE government is the most prepared for the post-Corona period, which will focus on a fundamental change in the economy, especially when talking about the "green economy", And «digital economy», which reflects an insight into the state when it took care of these fields several years ago, and has taken measures that promote this transformation in a way that serves the local economy.
Zaki said, "The expectations regarding the development of the crisis worldwide are unknown and unpredictable. The world faces a severe storm, and everyone is working to reduce its effects on the economic system and life, so that we can return to our normal life as soon as possible, and with the least possible losses."
He continued: «In crises of this nature, all parties are trying to reduce the pressure on themselves, and this crisis is borne by all sectors in varying proportions, whether governments, big companies or even consumers, so everyone should bear part of the pain while not leaving the other alone.
On the sectors most affected by the crisis, Zaki said: “The aviation, tourism and hospitality sectors are the most affected, while the effects differ in other sectors, especially with the decline in consumption, the state of anxiety, and the unwillingness of consumers to buy or invest only after the clarity of vision.”
Zaki stressed that government measures and measures and their focus on the crisis from the beginning, were successful, both from the humanitarian or health aspect, with being able to take unprecedented and courageous steps, and placing the interests of citizens and residents as a priority, which strengthened the sense of safety for all.
He said, "The UAE moved successfully when it provided assistance to small and medium companies, which is the sector most affected by the crisis." He pointed out that international companies have programs to reinforce this trend and exercise the role assigned to them in society to support those companies that represent an important tributary of the economy. , Whether through programs and training, bidding and cooperation, so that these companies can absorb shocks.
He stressed that SMEs are a major and active contributor to the economy, and their assistance, whether by governments or international companies, is important and supportive of the economy.
45 global companies in different economic sectors
"The multinational group of companies in Dubai, which operates under the umbrella of the Dubai Chamber of Commerce and Industry, includes about 45 international companies in various economic sectors, including: industry, commerce, retail," said Rami Zaki, Chairman of the Board of Directors of the Multinational Companies Group in Dubai. Logistics, auto trade, e-commerce, and banking », pointing out that it is a very diverse group, and has a strong presence in Dubai, which is a regional center for global multinational companies, operating in the Middle East, and operating in Africa, Russia, Asia, and Eastern Europe , India and surrounding countries through its offices in Dubai.
He pointed out that the group has a very regular schedule of meetings, as it meets regularly monthly and quarterly as well, with agreement on the need for international companies to play their role in supporting investment, especially with the concrete efforts made by the government to deal with the status quo.
He added that «the group is a window for dialogue with governmental and private bodies, especially that the members of the group are representatives of major companies», indicating that the group always seeks dialogue with various parties, and that the response from government agencies has been remarkable and fruitful, which is what characterizes Dubai as an attractive city for business and companies Great.