Dubai Majlis Charts Economic Course with Crown Prince in Attendance

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, solidified his commitment to the emirate’s economic growth by attending the 2024 edition of the Dubai Majlis. This annual forum, co-hosted by the Dubai Department of Economy and Tourism (DET) and Dubai Chambers, serves as a platform for business leaders and government officials to strategize and collaborate on propelling Dubai’s economic engine forward.

Held at Qasr Al Bahr in Dubai, the event brought together over 200 key figures, including industry leaders, entrepreneurs, multinational representatives, and prominent investors. The forum served as a springboard for discussions on identifying innovative partnerships and accelerating investments in Dubai’s priority sectors. This focus on targeted investment aims to bolster the emirate’s position as a global hub for innovation, sustainable development, and attracting foreign capital.

The Dubai Majlis functioned as a critical step towards realizing Dubai’s ambitious economic goals as outlined in the D33 Agenda. This strategic development plan, guided by Sheikh Hamdan and followed up by Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, serves as a roadmap for the emirate’s future prosperity. The forum’s emphasis on collaboration between the public and private sectors reflects Dubai’s commitment to fostering a dynamic and adaptable business environment.

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The discussions at the Dubai Majlis were not merely theoretical. The forum aimed to produce concrete outcomes that would translate into tangible economic benefits. By facilitating partnerships between leading businesses and government entities, the event sought to unlock new investment opportunities and accelerate the deployment of capital in key sectors. This focus on turning strategy into action is vital for Dubai to maintain its competitive edge in the global marketplace.

The Dubai Majlis not only served as a platform for economic planning but also reaffirmed the business community’s confidence in Dubai’s leadership. The presence of Sheikh Hamdan sent a strong message of support for the emirate’s economic vision and its commitment to creating a thriving business environment. This message of stability and direction is crucial for attracting and retaining top talent and investment firms, further solidifying Dubai’s position as a leading international business hub.

Read the full story on 1arabia.com

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