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Thursday, December 7, 2023

Dubai Chamber’s Key Business Support Initiatives Unveiled at Q2 Meeting

Gathered at the Dubai Chambers’ main office, the second quarterly roundtable meeting convened Business Groups and Business Council members, uniting to bolster their advocacy endeavors.

In a successful gathering at Dubai Chambers’ headquarters, the second quarterly roundtable meeting for Business Groups and Business Councils was held. During the meeting, discussions revolved around the current economic landscape and growth prospects for the remainder of the year, along with Dubai Chamber’s initiatives aimed at bolstering the business community and enhancing global competitiveness.

Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, emphasized the pivotal role played by Business Groups and Councils within the business community ecosystem, highlighting their significance in fostering a supportive, enabling, and world-class business environment in Dubai that encourages innovation and fuels private sector entrepreneurship. He stressed the Chamber’s commitment to bridging the gap between Dubai’s private sector and the forward-thinking government, advocating for improved ease of doing business and sustainable economic growth.

During the meeting, attendees were briefed on the Unemployment Insurance Scheme introduced by the Ministry of Human Resources and Emiratisation, a groundbreaking initiative in the global labor market designed to provide protection for workers facing redundancy until alternative opportunities arise. This scheme aligns with the UAE’s goal of attracting top international talent.

Furthermore, EY LAW MENA delivered a presentation on employment law, addressing challenges faced by companies and proposing effective solutions. The roundtable served as an open platform for Business Council members to share their insights and recommendations for better supporting businesses in Dubai and contributing to the emirate’s economic development.

Both Business Groups and Business Councils play pivotal roles in Dubai’s economic landscape, ensuring representation across various business sectors, fostering productive dialogue with key stakeholders and government entities, and working tirelessly to enhance the competitiveness of their respective sectors.”

(Courtesy : Dubai chamber)

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