He met with a group of businessmen.. He emphasized the role of the private sector as one of the pillars of the emirate's economy progress

Maktoum bin Mohammed: Dubai stands on the threshold of a new phase during which it enhances its global competitiveness

Maktoum bin Mohammed during a meeting with a group of businessmen.

From the source

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, affirmed that the private sector is a major component of the economic system of the Emirate of Dubai, and a fundamental pillar of its progress and prosperity, noting the keenness of the wise leadership to create all the conditions that It allows national institutions - of all sizes, including emerging, small and medium ones - to participate positively in advancing the economic development process forward, in light of the long and exemplary partnership between the government and private sectors in the emirate.

new stage

His Highness said, "Dubai stands on the threshold of a new phase during which it enhances its global competitiveness, confirms its position as a center for creativity and innovation, and consolidates the foundations of the success of its distinguished model of sustainable development." He added: "There is no doubt that the private sector, with all its expertise, capabilities and good governance practices, It represents an important cornerstone in Dubai’s economic development process and raises the level of its competitiveness in various fields, within the framework of a historical partnership that the Dubai government has been keen to provide with all forms of care and support for further development and success.”

Meeting

This came during a meeting with His Highness yesterday, a group of citizen businessmen at the headquarters of the Court of His Highness the Ruler of Dubai, in the presence of the Secretary-General of the Executive Council of the Emirate of Dubai, Abdullah Mohammed Al Basti, and the Director-General of the Department of Economy and Tourism in Dubai, Hilal Saeed Al Marri, and the Director-General of the Dubai Chamber. Hamad Mubarak Buamim, and a number of officials are part of a series of periodic meetings, during which His Highness is keen to meet businessmen and senior officials of companies and private sector institutions operating in Dubai.

The role of the private sector

The meeting dealt with a number of issues related to ways of consolidating and increasing the role of the private sector within the economic work system in Dubai, in light of 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, and the ambitious development goals included in various strategies. And sustainable development and development plans, through which the emirate seeks to reach the leading positions in various indicators of global competitiveness, and the pivotal role of private sector institutions, especially national ones, in achieving these goals.

positive post

His Highness the Deputy Ruler of Dubai praised the positive and influential participation of citizen businessmen and the private sector in providing a model and role model in positive participation, and pushing in the direction of accelerating economic performance rates, within the many economic tracks in the emirate, which carries with it more promising opportunities for this important sector, including its Among the companies with a global reputation, His Highness affirmed the Dubai government’s keenness to enable national institutions to participate with the largest share in Dubai’s major projects, as well as to make room for small and medium-sized companies and give them the space to ensure that they benefit from these opportunities in achieving strong growth rates.

constants

During the meeting, a set of constants that govern the course of economic work in Dubai were emphasized, as His Highness noted that the role of Emirati businessmen and Emirati private sector institutions is a major and essential role, and the strong partnerships that bring together Dubai with major international institutions, within a balanced framework that ensures Chances of success for all.

opinions and ideas

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, during the meeting, listened to the opinions and ideas of businessmen and their suggestions regarding promising opportunities and existing challenges and ways to overcome them. Those topics, and enabling family businesses to reach the highest levels of performance.

an opportunity

On this occasion, Al-Marri said: "There is no doubt that the private sector has an exemplary opportunity to strengthen partnership with its government counterpart, to discover new ways to expand the scope of the participation of its institutions in implementing the ambitious plans adopted by the government."

Model

The businessmen participating in the meeting expressed their appreciation for the measures and actions taken by the government of Dubai and the decisions it took, which contributed to supporting the business of the private sector, and enabled its institutions to overcome the challenges brought by the pandemic, through which Dubai provided a role model in supporting the business community in times. the exceptional.

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