May 27, 2024

DCDE Examines PSE And Advanced Technology Impact On EG

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DCDE explores private sector empowerment and impact of advanced technology on economic growth in the survey conducted during a networking session on growth opportunities
His Excellency Omar Sultan Al Olama. Image Courtesy: Dubai Chamber of Digital Economy

Dubai Chamber of Digital Economy (DCDE), one of the three chambers operating under Dubai Chambers, recently organized a networking event with representatives of companies within the digital sector.

Industry sources added that this session discussed the probable strategies to boost firms to aid in Dubai’s digital transformation and maximize the contribution of advanced technologies, such as artificial intelligence and blockchain, to the emirate’s economic growth (EG).

From L To R: – His Excellency Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, and Chairman of Dubai Chamber of Digital Economy And His Excellency Mohammad Ali Rashed Lootah, President and CEO of Dubai Chamber

During the event, which was attended by His Excellency Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, and Chairman of Dubai Chamber of Digital Economy, along with His Excellency Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, a survey was conducted. The objective was to gather the participants’ perspectives and recommendations on how to create an incubating and stimulating environment to support companies’ growth.

Industry sources further added that the survey participants affirmed that Dubai offers an advanced work infrastructure for companies across different digital economy sectors. They highlighted the emirate’s ongoing efforts in bolstering international competitiveness and positioning Dubai as an ideal hub for skilled professionals in cutting-edge technologies. 

Additionally, they stressed the vitality of initiatives and programs offered by the Chamber to support companies operating in this sector, particularly in fostering meaningful dialogue between the public and private sectors empowerment (PSE) to address the challenges of advancing the digital economy.

Saeed Al Gergawi, Vice President of the Dubai Chamber of Digital Economy

Saeed Al Gergawi, Vice President of the Dubai Chamber of Digital Economy stated, “We are keen to regularly engage with the private sector to enhance its contribution towards strengthening Dubai’s status as a global hub for digital economy and a key player in the global digital ecosystem, in line with the goals of the Dubai Economic Agenda (D33). Transparent conversations are essential to amplifying the success of Dubai’s digital ecosystem and positioning the emirate as one of the most diversified and agile technology-enabled digital hubs in the world.”

Survey participants also stressed the necessity of expanding digital knowledge exchange platforms for the private sector. They highlighted the significance of providing support and tailored services to startups, and small and medium-sized companies to enable them to keep up with modern technological advancements, thereby boosting growth, innovative capabilities, and competitive potential.

Dubai Chamber of Digital Economy is committed to powering the success of Dubai’s digital ecosystem and accelerating the emirate’s transformation into one of the world’s leading digital economies in line with the objectives of the Dubai Economic Agenda (D33).

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