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Hamdan Bin Mohammed Leads 2024 Dubai Majlis to Boost Economic Growth and Global Competitiveness

Hamdan Bin Mohammed Leads 2024 Dubai Majlis to Boost Economic Growth and Global Competitiveness
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H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, today attended the 2024 edition of Dubai Majlis, an annual forum co-hosted by the Dubai Department of Economy and Tourism (DET) and Dubai Chambers at Qasr Al Bahr in Dubai, to identify innovative partnership opportunities and accelerate capital deployment in priority sectors that will further propel Dubai's economic growth.

Sheikh Hamdan said,

“Dubai continues to strengthen its status as a global economic hub, driven by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. Under his guidance, we are dedicated to creating the best environment for sustainable economic growth and leveraging all our resources to further raise the city’s global competitiveness.”
“We are steadfast in our pursuit of the ambitious targets set out in the Dubai Economic Agenda D33, which includes doubling the size of Dubai's economy and turning it into one of the world’s top three urban economies. Our success is reflected in the robust growth seen across all vital sectors, which has been made possible by sound strategic planning, high levels of institutional efficiency, flexible procedures, and our ability to keep pace with global trends. Dubai’s ability to create an economic ecosystem that delivers competitive advantages and high growth for businesses has earned it the trust of global investment institutions and major international companies,”

Sheikh Hamdan added.

The Dubai Majlis served as a platform for leaders to come together and strategise on how to continue the momentum of the Dubai Economic Agenda D33, the city’s strategic vision launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai.

The forum brought together over 200 industry leaders, entrepreneurs, key representatives of UAE-based multinational companies, international investors, and senior officials from Dubai government entities to engage in roundtable discussions on sector-specific topics and opportunities to build new forms of partnerships and leverage Dubai's competitive advantages to drive sustainable growth.

The forum showcased the successful “One Dubai” approach aimed at adopting, a unified front in driving economic progress across sectors and segments, including family-owned businesses, investors, banks, state-owned enterprises, and multinational corporations, highlighting Dubai’s commitment to building strong, dynamic partnerships between the public and private sectors.

The participants at Dubai Majlis engaged in substantive dialogue, focusing on the emirate’s achievements since the launch of the D33 Agenda, priority industries, and initiatives. Discussions were also centred on emerging market trends, as well as evolving economic policies and reforms that aim to maintain Dubai’s competitive edge, and further consolidate its position as a leading global city for business and leisure and the best city to visit, live, work and invest in.

For the business community, the Dubai Majlis signifies another key step towards realising the city's economic aspirations and an opportunity to reaffirm their continued support for the visionary leadership’s goals, further accelerating momentum and bolstering Dubai’s position as a leading hub for innovation, investment, and sustainable development.

News Source: Emirates News Agency

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