August 7, 2024
2 mins read

‘UAE boosts performance in vital economic sectors’

His Highness Sheikh Mohammed highlighted the private sector’s role as a key partner in driving economic development…reports Asian Lite News

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, said that, under the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the UAE is committed to excelling in various sectors and enhancing its role as a key partner in creating a better future for humanity.

The UAE is also dedicated to strengthening its global partnerships to tackle challenges and drive progress in the fields of sustainability, innovation and advanced infrastructure, he added.

H.H. Sheikh Mohammed made this statement during a meeting, held yesterday, with a number of local dignitaries, business leaders, investors, ministers and senior officials at his weekly Majlis.

Guided by the leadership’s clear vision, the nation’s development journey has seen significant achievements across key sectors, His Highness Sheikh Mohammed said. He highlighted the private sector’s role as a key partner in driving economic development, in line with the UAE’s strategy to diversify income sources, enhance investment opportunities, and create new business opportunities, particularly in future-focused sectors.

He said that Dubai continues to strengthen its status as a pivotal global trading hub, a centre for the creative and digital economy, and a major base for multinational companies. Dubai seeks to establish itself as a leading destination for tourism, business, and investment, Sheikh Mohammed said.

By consistently providing vital resources, Dubai seeks to maintain its leading position both globally and regionally in key sectors, His Highness noted. This effort supports the goals of the Dubai Economic Agenda, D33, to establish Dubai as one of the world’s top three urban economies and enhance its economic and trade competitiveness.

“Dubai’s exceptional performance in all fields highlights the strength of its partnerships, the strong synergy between its public and private sectors and the robust relationships it has developed with strategic partners worldwide. Innovation and advanced technology are key drivers of a prosperous and bright future for Dubai. We are committed to providing an ideal environment for startups in the fields of innovation and advanced technologies, supported by modern laws and regulations aimed at facilitating business, simplifying procedures, and strengthening Dubai’s position as a global hub for innovation,” Sheikh Mohammed went on to say.

The meeting was attended by H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, Chairman of Dubai Airports and Chairman and Chief Executive of Emirates Airline and Group; H.H. Sheikh Hasher bin Maktoum bin Juma Al Maktoum, Chairman of Dubai Media Incorporated, and a number of sheikhs, ministers and senior officials.

On the sidelines of the meeting, His Highness Sheikh Mohammed bin Rashid and the attendees listened to a lecture delivered by Mohammed Hamad Al-Kuwaiti, Chairman of the UAE Cybersecurity Council. The lecture discussed the importance of cybersecurity in safeguarding the UAE’s digital transformation, protecting its achievements, and preserving its national security.

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