The newly formed board of Dubai Chamber of Digital Economy has adopted a new roadmap with the aim of accelerating the growth of the city’s digital economy and doubling the number of digital companies operating in the emirate in the coming years.
This was decided in the first meeting of the board of Dubai Chamber of Digital Economy, one of the three chambers under the recently restructured Dubai Chambers.
The meeting, headed by Omar bin Sultan Al Olama, Chairman of Dubai Chamber of Digital Economy, discussed the Chamber’s priorities and plans for the rest of the year.
Ahmad Abdullah bin Byat was named Vice Chairman of the board of Dubai Chamber of Digital Economy, while board members discussed the various roles that the Chamber will play in enhancing Dubai’s value proposition and economic competitiveness in line with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
Dubai Chamber of Commerce was formed earlier this year along with the Dubai Chamber of International Trade and Dubai Chamber of Digital Economy.
“This roadmap will elevate Dubai’s position as a global leader in digital economy, and attract specialised talent, leading companies and new investments to the market,” said Al Olama.
“Homegrown success stories such as Careem and Souq have boosted Dubai’s appeal as a hub for e-commerce and digital economy, and we hope to raise the bar even higher by attracting other global players that can support the emirate’s digital economy ambitions.”
He noted that the board of directors of the Dubai Chamber of Digital Economy will work towards achieving other key objectives, such as fostering best practices and partnerships, organising roadshows, lobbying and policy advocacy, market creation, self-regulation, training and business promotion. In addition, it would review and approve new initiatives and programmes designed to support Dubai’s digital economy objectives, provide feedback on legislation and regulatory changes and identify market challenges and opportunities.
Board members Ahmad Abdullah bin Byat, Hamad Obaid Al Mansoori, Khalid Ahmed Al Tayer, Rashid Abdullah Al Ghurair, Fadi Ghandour, Mona Ataya, Rashid Mohamed Alabbar, Ronaldo Mouchawar, Mudassir Sheikha, Mansour Al Habtoor, Elissa Freiha, Dany Farha, and Hind Abdul Hamied Seddiqi, and Hamad Buamim, President & CEO of Dubai Chamber of Commerce & Industry, attended the meeting.
The formation of three chambers of commerce is aimed at supporting international trade and the digital economy and a five-year plan to increase Dubai’s foreign trade from AED 1.4 trillion to AED 2 trillion.
