Emirates News Agency – Maktoum bin Mohammed meets with a group of businessmen..emphasizes the role of the private sector as one of the pillars of Dubai’s economic progress and prosperity

Maktoum bin Mohammed: Dubai stands on the threshold of a new stage during which it enhances its global competitiveness, affirms its position as a center for creativity and innovation… and consolidates the foundations for the success of its distinguished model of sustainable development.

DUBAI, 10th November / WAM / 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 constitutes 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 rational leadership is to create all conditions that allow 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 public and private sectors in the emirate.

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

The meeting dealt with a number of topics 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 that it includes. The various strategies and plans for development and sustainable development through which the emirate seeks to reach the leading positions in the various indicators of global competitiveness, and the pivotal role of private sector institutions, especially national ones, in achieving these goals.

His Highness said: Dubai stands on the threshold of a new stage during which it enhances its global competitiveness, confirms its position as a center for creativity and innovation and consolidates the foundations for the success of its distinguished model of sustainable development. Economic development in Dubai and raising 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.

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 towards accelerating rates of economic performance within the emirate’s many economic tracks, which carry with it more promising opportunities for this important sector, including its companies Its 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 and also to make room for small and medium companies and give them the space that ensures them to take advantage of these opportunities in achieving strong growth rates that reach the ranks of major companies and launch into the world .

During the meeting, a set of constants that govern the process of economic work in Dubai was emphasized. His Highness noted that the role of Emirati businessmen and Emirati private sector institutions is a major and essential role, and strong partnerships that bring Dubai together with major international institutions within a balanced framework that guarantees opportunities Success to all.

During the meeting, His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum listened to the views and ideas of businessmen and their suggestions regarding promising opportunities and existing challenges and ways to overcome them. Family businesses to reach the highest levels of performance.

On this occasion, His Excellency Hilal Al Marri said: The work does not stop at consolidating Dubai’s position as a global economic capital, with the Dubai government’s commitment to providing all possible forms of support to the private sector, and its relentless pursuit to adopt new frameworks, regulations and practices that keep pace with global developments, and there is no doubt that the private sector has an exemplary opportunity To strengthen the partnership with its government counterpart to discover new ways to expand the participation of its institutions in implementing the ambitious plans adopted by the government and to benefit from development processes that include all the economic capabilities of the Emirate in order to achieve new qualitative achievements that serve the goals and interests of both parties.

The participants in the meeting, who represented many important sectors such as retail, industry, food, e-commerce, technology, blockchain and others, expressed their sincere appreciation for the great care that Dubai gives to the national private sector under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler Dubai, may God protect him, and the follow-up of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, and their pride in the keenness of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, to listen to them and share their visions and ambitious goals for the next stage.

The businessmen participating in the meeting also expressed their appreciation for the measures and procedures taken by the Dubai government and the decisive and rapid decisions that contributed to supporting the business of the private sector and enabled its institutions to overcome the challenges brought by the global crisis represented by the Covid-19 pandemic, through which Dubai presented They set an example in supporting the business community in exceptional times, stressing that they will spare no effort in order to work to fulfill their roles to the fullest, in a way that enhances the excellence of Dubai’s economy and ensures it more success and progress.

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