President of the Dubai Chamber of Commerce and Industry (DCCI)

The chairman of the Dubai Chamber of Commerce and Industry (DCCI), Majid Al Ghurair, said Tuesday the importance of the emirate as an international trading terminal, thanks to the ongoing efforts of the government from Dubai to develop the economy and business.

This took place at a conference organized by the Kuwaiti Consulate General in Dubai and the Northern Emirates, where Al Ghurair hosted the Chamber's efforts in trade promotion and attracted investments in the presence of several consuls of countries brothers and friends.

Al-Ghurair said Dubai has become a hub of international trade "thanks to its flexible business environment" and its "simple and fast" procedures for licensing and commercial transactions.

He added that the Dubai Chamber of Commerce and Industry was deploying "great efforts" to promote the emirate, which resulted in a "significant increase" in the number of investors and investors. employers around the world.

Al Ghurair pointed out that the flexible laws recently developed under the leadership of Sheikh Mohammed bin Rashid Al Maktoum, vice president and prime minister of the United Arab Emirates and ruler of Dubai, "have given positive signals to investors stating that the l? Emirate was ready to adapt to various economic variables, building trust in the emirate as an attractive business environment. "

He pointed out that the Dubai Chamber of Commerce and Industry had a clear vision of what would be global trade in the coming years, especially in the field of artificial intelligence and technology-based block systems in various commercial operations. "Therefore, we seek to develop an ambitious vision for the creation of an incubator for the business environment for the expected variables" He said.

Al Ghurair called on all Arab and foreign investors wishing to expand their business to benefit from the economic and commercial opportunities offered by the emirate of Dubai.

For its part, the Consul General of the State of Kuwait in the Emirate of Dubai and the Northern Emirates, Thiab Al Rashidi, thanked the President of the Dubai Chamber of Commerce and Industry. for his invitation to the invitation, pointing out that the economic and trade relations between Kuwait and the United Arab Emirates, especially the emirate of Dubai "Between the two countries brothers."

Al-Rashidi praised the economic development of the UAE, especially Dubai, "which has become the planet's focus of attention and a major trading center on the world map".

"Thanks to its favorable investment laws, Dubai has become a destination of choice for businessmen from all regions of the world," he said, referring to the facilities granted to Kuwaiti companies operating in the country. 39; emirate.

He added that the economic and trade progress achieved in the UAE is the result of the directives of the UAE's Supreme Leadership, represented by the UAE President, Sheikh Khalifa Bin Zayed Al Nahyan, Vice President and Prime Minister of the UAE and Sovereign of Dubai, Sheikh Mohammed ben Rashid Al Maktoum, which is eager to overcome the obstacles for all businessmen and local and international businesses. "

Al-Rashidi noted the close relations and cooperation between the Dubai Chamber of Commerce and Industry and the Kuwaiti business world working within the emirate, stressing that the House had spared no effort in the past period to facilitate all necessary procedures for Kuwaiti investors.

According to official statistics, the number of commercial licensing transactions in Dubai has reached 13,000 licenses for new establishments in the first nine months of this year, which testifies to the ease of doing business in the emirate and continues to attract companies seeking sustainable and competitive growth in various economic sectors.