Dubai Customs, Chambers Discuss Joint Efforts for Economic Agenda Goals

Post by: Raman Preet

Photo : Dubai Government Media Office

Dubai Customs recently welcomed a high-level delegation from Dubai Chambers, where the two entities discussed collaboration to achieve the goals of the Dubai Economic Agenda. This agenda, directed by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE, and Ruler of Dubai, aims to double Dubai's economic size within the next decade. It also seeks to establish Dubai among the top three global economic cities by creating an ideal investment environment that bolsters economic stability.

The delegation was received by H.E. Dr. Abdulla Mohammed Busenad, Director General of Dubai Customs, alongside Jumaa Al Ghaith, Advisor to the Director General, and other executive directors and department heads of the organization. Leading the Dubai Chambers delegation was His Excellency Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, accompanied by several chamber officials.

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During the meeting, the strategic priorities of Dubai Chambers were reviewed, focusing on enhancing the business environment to stimulate growth in Dubai. They discussed ways to attract global companies and investments, support local businesses in expanding into promising international markets, and develop Dubai's digital economy. The ambitious plans of the three chambers under Dubai Chambers' umbrella – Dubai Chamber of Commerce, Dubai International Chamber, and Dubai Chamber of Digital Economy – were also highlighted.

Additionally, the discussion covered joint initiatives between Dubai Customs and Dubai Chambers to develop new services. These initiatives aim to reinforce Dubai's regional and global economic and trade standing and support the city's ease of doing business ranking. Efforts to empower the new generation of Dubai traders across various key sectors and support their global business expansion in line with the Dubai Economic Agenda were also emphasized.

H.E. Dr. Abdulla Mohammed Busenad expressed his satisfaction with the meeting, highlighting the significance of collaborative efforts to enhance sustainable economic development. He reiterated the Dubai government's directives to boost foreign investment in economic activities, facilitate trade processes to increase Dubai's non-oil foreign trade value, and fully utilize the emirate's strategic position in global trade through its leading customs and logistics services. He affirmed Dubai Customs' dedication to strengthening cooperation with strategic partners, local entities, and the business and trade sectors to solidify Dubai's advanced position in global competitiveness indices.

His Excellency Mohammad Ali Rashed Lootah underscored the strong and successful partnership with Dubai Customs, essential for the growth and development of services provided to the business sectors. He praised this partnership's role in enhancing the business-friendly environment in the emirate and cementing its reputation as a global economic capital and a major trade hub. He confirmed Dubai Chambers' commitment to enhancing efforts to achieve its strategic priorities, aligned with Dubai's strategic plans and economic agenda.

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