Hamdan Bin Mohammed Urges Government Entities To Boost Private Sector Growth In Dubai
H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, has urged government bodies to bolster support for the private sector to sustain its growth. At the recent Dubai Majlis event, he emphasised collaboration between businesses and the government to drive economic development in line with the Dubai Economic Agenda, D33.
The Dubai Majlis, co-hosted by the Dubai Department of Economy and Tourism (DET) and Dubai Chambers at Qasr Al Bahr, attracted 260 participants from both private and public sectors. Attendees included representatives from various business segments such as family-owned enterprises, international companies, digital industries, and government entities.
H.H. Sheikh Hamdan highlighted agility as a key factor in Dubai's economic journey. He stated that adapting to global trends and new technologies is crucial for achieving the goals set out in the D33 Agenda. "Agility has long been at the heart of Dubai’s economic journey," he said, underscoring the importance of engaging with businesses to identify growth opportunities.
Sultan bin Saeed Al Mansoori, Chairman of Dubai Chambers, noted that the global environment is rapidly changing due to evolving markets and rising competition. He stressed that Dubai's focus and ambition are vital for maintaining progress. The Dubai Majlis serves as a platform where strategy meets reality through dialogue and shared effort.
Helal Saeed Almarri, Director-General of DET, reiterated that Dubai's economic trajectory is anchored in strategic synergy between public and private sectors. The Dubai Majlis continues to be an essential platform for driving growth and competitiveness by bringing together senior leaders from both sectors.
Hadi Badri, CEO of the Dubai Economic Development Corporation (DEDC), described the Dubai Majlis as a crucial venue for aligning public and private sector leaders toward advancing D33 objectives. He invited businesses to collaborate in identifying new growth opportunities.
Key Discussions at Dubai Majlis
The event featured roundtable sessions focusing on 20 key topics aimed at accelerating growth across priority areas. Participants discussed actionable plans to achieve D33 goals and support strategic priorities. The discussions also reflected on economic achievements like a 4.4% GDP growth reaching AED241 billion in the first half of the year.
Participants engaged in meaningful dialogue about policymaking reforms that have encouraged investment and job creation. They explored global economic trends and priorities for consolidating Dubai's position as a leading global city for business and leisure.
The discussions at the event were instrumental in shaping strategies for future growth while reinforcing partnerships between government entities and businesses. This collaborative approach aims to ensure that Dubai remains a top destination for living, working, investing, and visiting.
With inputs from WAM
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