Maktoum bin Mohammed launches the website of the Dubai Economic Security Center

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, First Deputy Chairman of the Executive Council, affirmed that the development process in Dubai is proceeding with the vision and directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, towards achieving all that It serves society and takes into account the interests of all its components, through a set of important pillars, foremost of which is the optimal employment of technology and starting from where the world ended in adopting the most advanced solutions, applications and technologies that help to achieve our strategic goals in a manner that is characterized by speed, quality and efficiency, consolidating the foundations for sustainable development that puts human interest and happiness in The top priority, Dubai always remains the model and example in developing that keeps pace with the requirements of the times and the founder of the highest levels of excellence in the future.

His Highness indicated that Dubai's investment in establishing an advanced technological infrastructure using the best international expertise and the efforts and giving of national cadres, whom we are proud today to have the reins of technology in most vital areas, comes as one of the reasons for the strength that guarantees us a leadership position in the future, as this calls for continued work on Accelerating the rates of transition to the digital environment and finding solutions and alternatives that enhance the ability of government work within its various tracks to raise performance efficiency, provide the highest levels of service, and expand the scope of direct communication with society to meet the requirements of its members in a way that elevates Dubai's position as the best city to live and work in the world.

This came on the occasion of the inauguration of His Highness, Deputy Ruler of Dubai, the website of the Dubai Economic Security Center, www.esc.gov.ae, with the aim of strengthening communication frameworks and interaction with various sectors and segments of society in the emirate. .

The website provides an additional feature that supports the center’s mission and there are new and influential mechanisms for communicating with all departments and entities in various sectors in the emirate on the one hand, and all groups of society on the other hand, within the framework of the center’s strategy aimed at encouraging all parties to participate constructively in proposing ideas and confronting any Threats or risks affecting economic security, as well as providing a smart way to educate members of the public about these risks.

Strong economy

The Chairman of the Dubai Economic Security Center, Talal Belhoul, said: “The center’s tasks and roles are inspired by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, regarding the globalization of the economic system and the consolidation of the emirate’s position. As a global financial and economic center. "

He added, "The center works mainly to provide a stable economic environment in the emirate that encourages growth and investment by preventing risks and combating any illegal activity that harms the economy, and its strategy revolves around building a strong, safe and sustainable economy."

Talal Belhoul confirmed that the center played a prominent role in addressing the consequences of the "Covid-19" pandemic, as it worked with strategic partners to prepare plans to confront the economic consequences of this global crisis and reduce its effects on the local economy, and it also actively contributed to maintaining food and financial stability. Of the Emirate of Dubai, and it was a main party in the various committees and teams that participated in developing scenarios to reduce the negative impact on the emirate’s economy.

The Chairman of the Board of Directors of the Dubai Economic Security Center pointed out that the launch of the website helps the center to perform its role effectively and flexibly, as it represents an important window for communication with partners on the one hand and community members on the other hand, and it represents a source of information and ideas, especially those related to economic security, and ways to diversify the means Protection and educational methods that are more accessible to the audience and target groups.

Engage the audience

In addition, the Executive Director of the Dubai Economic Security Center, Faisal bin Sulaitin, said: “Diversifying contact with the community in its various categories is a basis for supporting the financial stability of the emirate and protecting its economy, and this cannot be achieved without involving members of the public in combating risks resulting from harmful activities in the financial markets and the economy. To which investors or consumers alike may be exposed. "

He explained that the aim of the website as a modern means of communication is not limited to fighting acts affecting economic and financial security in the Emirate of Dubai only, but extends to being a window to receive suggestions and opinions of all influential dealers in the economic and public and private sectors and affected by their developments, in order to enhance the integrity of the rules and procedures. And financial operations in the emirate and its development.

He added: By diversifying the means of communication with the public, including the new website, the center looks forward to strengthening the ability to predict economic risks and phenomena that may affect the national economy and public money in Dubai, and then develop appropriate solutions to reduce and eliminate them, which ultimately leads to Enhancing the confidence of investors and financial institutions in making the emirate the center of their business.

The Executive Director of the Dubai Economic Security Center pointed out that the new website is primarily an interactive interface, and includes easy communication windows through which the public (individuals and companies) can submit suggestions and complaints, and this window marks the beginning of the transformation into a smart electronic center, which in the future joins the system. The smart government, by automating and restructuring all procedures related to the work of the center, and launching them on smart platforms and applications to enable the public to quickly benefit from the center's services provided using artificial intelligence.

The new website provides important information about the Dubai Economic Security Center, its origin, and the main roles and tasks entrusted to it, including economic empowerment, economic awareness, analysis and foresight, economic security and legislative oversight, and public authorities, in addition to the center’s authorities that are centered on cooperation and coordination with local authorities and authorities in addition to Protection of collaborators and whistleblowers.

Missions and terms of reference

The Dubai Economic Security Center was established according to legislation that is the first of its kind in the Middle East, which is Law No. (4) of 2016 and its amendments in Law No. (9) of 2019 to be the first line of defense to protect the economy in light of the rapid changes. Dubai as a global financial and economic center, and to support and protect its investments, as the center carries out the process of predicting economic risks and phenomena that may affect the national economy, and public money in Dubai, by preparing specialized studies and developing appropriate solutions to address them.

Constant communication

In line with the aspirations of the Dubai government and its unique economic model, the center undertakes direct dealing with investors in the emirate of Dubai through communication and permanent meeting with them to listen to their observations, challenges and proposals that would enhance their confidence in the investment and economic environment of the emirate.

The center is also in charge of proposing and reviewing legislation regulating the financial and economic affairs of the emirate, after studying its economic dimensions with the concerned authorities, which will contribute to the development of the legislative system.

The law establishing the center also defined an important societal role represented in developing investment and economic awareness, as well as providing support and advice on economic security to bodies subject to its jurisdiction, upon request, and encouraging the concerned authorities to actively participate in fighting acts that undermine economic security, combat them and raise awareness of their dangers.

With regard to the collaborators, the center shall provide all the necessary protection for the person who cooperates with the center by reporting any matter that may affect the economic security of the emirate, in his residence and not disclosing information related to his identity and whereabouts, and protecting him as well at his workplace, and ensuring that he is not exposed to any Discrimination or abuse.

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