The “Dubai City Rising” conference reviews Dubai’s strategic vision in shaping the future of global trade and economic growth

The Dubai Media Council, in cooperation with the McDono College of Business Administration at Georgetown University, hosted the “Dubai City Rising City: Building the Future Capital of International Business”, with the participation of a group of government officials, decision makers, policymakers, business leaders, academics and media leaders from the UAE and the United States of America to discuss the aspirations of Dubai For its role in shaping the future of global trade and economic growth in light of the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, may God bless him, and the directives of His Highness that Dubai be a global partner influencing the formation of a safe and sustainable future in which everyone is blessed with the reasons for progress And prosperity.

The conference, which was held in the Future Museum in Dubai, witnessed the participation of 19 speakers from the UAE and the United States, where they reviewed important features of policies, investment trends and technological progress that will collectively constitute the economic and commercial scene in Dubai over the next decade, as well as its impact on shaping the features of several vital sectors Among the most important of them is the media sector, in line with the vision of the wise leadership to enhance Dubai’s role in advancing sustainable growth and joint prosperity all over the world, and to support the targets of the Dubai Economic Agenda “D33”, which constitutes the general framework of Dubai targets until the year 2033, the most important of which is the doubling of its gross domestic product, And strengthening its position as a financial and logistical center

– Senior speech
The event included a major speech delivered by His Excellency Mohammed Ali Rashid Lootah, Director General of Dubai Chamber Digital transformation, integrating sustainable initiatives, and enhancing societal development efforts to attract, support and maintain talents. He also focused in his speech on Dubai’s priorities such as enhancing the contribution of the industrial sector, increasing exports, sustainability, and strengthening the Dubai site as a leading global logistical center, and that it is among the 4 most important international financial centers, and a leading destination for business, families and tourists.

Strategic platform
Nihal Badri, Secretary -General of the Dubai Media Council, expressed her happiness with the success of the “Dubai City Rising City: Building the Future Capital for Global Business”, stressing that the event formed a strategic platform that brought together a group of leaders, experts and decision makers to anticipate the future of business in Dubai and enhance its position as a global center for innovation and entrepreneurship In reflecting our commitment to the directives of His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, the second deputy governor of Dubai and Chairman of the Dubai Media Council, which formed the cornerstone of the success of the conference, stressing that these ambitious directives reflect Dubai’s constant commitment to consolidate its position as a first destination for investment and entrepreneurship, according to Sustainable and innovative approach. She added that the council will continue its efforts to support the initiatives that keep pace with the aspirations of the wise leadership and enhance Dubai’s position as a global business capital.

Nihal Badri added: “The conference highlighted the strength of exchanging knowledge, dialogue and cooperation between the sectors in advancing excellence and innovation. He also presented a dynamic platform to explore innovative ideas, and to enhance Dubai’s position as an international business, creativity and technology center. Through partnership with prestigious institutions such as Georgetown University, it continues Dubai Media Council support Dubai’s vision to lead the future and remain at the forefront of emerging global trends.

Dubai Strategic website
For his part, Paul Almeida, Dean of the McDono College of Business Administration at Georgetown University, said: “We are proud to collect a group of leading minds in the conference and it is our first event in Dubai, which strengthened the decisive role of cooperation in shaping a sustainable and innovative future for global trade. Ways for business, innovation and knowledge of knowledge made it the perfect place to enhance the purposeful dialogue. This is the exact reason behind the choice of Georgetown University to launch the Executive Master’s program here in Dubai.

– Main sessions
The conference agenda witnessed four main sessions that dealt with a set of important topics, in which a group of experts and decision makers presented valuable comments and visions for the attendees.

The first discussion session of the conference, entitled “Integrated Infrastructure: The Future Basis, is hosted by a group of the most prominent leaders of the infrastructure sector, whether material or digital, during which the participants reviewed the Dubai Economic Agency D33, and the strategies that define the features of the future of Dubai were touched on the enhancement of innovation and development Talents to build an integrated, flexible, and comprehensive system.

During the session, His Excellency Maitha Mohamed Al Shamsi, Executive Director of the Community Empowerment Sector at the Community Development Authority in Dubai, reviewed the main developments that strengthened growth and prosperity in Dubai; Highlighting the broader economic plans on the social level. For his part, His Excellency Mohammed Al Mulla, CEO of Dubai Media Foundation, member of the Dubai Media Council, explained during the session that technical development is still leading economic success and that the future belongs to those who can imagine, design and implement it. He also talked about the great and clear influence of modern technologies on the media sector. D. Marwan Al -Zarouni, CEO of Artificial Intelligence at the Dubai Department of Economy and Tourism on the vision of the wise leadership in accelerating digital transformation and the role of modern technologies, foremost of which is artificial intelligence in developing sectors such as financing, logistical services and governance.

In the second session, which was titled “The World Economic Scene: Challenges and Opportunities”, Martina Strong, the US ambassador to the United Arab Emirates, presented its vision about the acceleration of growth and the experience of American companies in Dubai; Highlighting the importance of Dubai as a typical site for doing business, allowing communication with Africa, Europe and Asia. She also spoke at the session, especially Janewani Fed, the Foundation and Chairman of the Board of Directors of the “April Group”, saying that “among the 85 brands in the April Group, she chose 28 Dubai brands to be its first steps in the international market, and that when looking at the future with regard to marketing for years The next ten, the group takes many lessons and examples from Dubai directly regarding how to market itself as a destination on the world stage.

For its part, Professor Reina Aguardus, Professor of Finance, Georgetown University, said, “Dubai was not only keen to explore the diversification of sectors and industries, but also its continuous diversification with international partners – which guarantees stability and security for economic growth plans.”

The third session, which was held under the title “” Investment financing in infrastructure: the next ten years “and the viewers’ views and comments on the infrastructure, commented where Salman Jaafari, CEO for Business Development at the Dubai World Financial Center Authority, commented that the infrastructure is not only the material framework It is also the legislative and organizational framework, noting that the Dubai International Financial Center was a leading model for innovation in future emerging markets – which shows the vision of the rational leadership. Jad Elon, Jad Color, the administrative partner and regional head of the Middle East, said in Brookfield Management The assets, in response to a question about the competition for local and regional financing between the sites, saying that as long as the United Arab Emirates and the countries of the region are working well in their entirety, health competition can encourage collective growth for everyone. Their future employees, Henrik Rabir, the global head of banking services, Standard Charterd, explained that creators and those who showed humility were at the top of his recruitment list.

The last session entitled “Artificial Intelligence and Technology in the Changing Business Environment” focused on the rapid expansion of the use and integration of artificial intelligence in the financial sector in the Middle East and North Africa. Discussions also dealt with how these technologies restore the traditional banking system, asset management, and the financial system as a whole, which contributes to providing more efficient and secure financial services. The session also reviewed the opportunities provided by technologies to open new markets and enhance the stability of the financial system in a comprehensive manner.

During the session, Dr. Karim Al -Solh, the founding partner and CEO, “Gulf Capital”, reviewed how Galv Capital in artificial intelligence invested before becoming a common term and a good concept. He pointed out that the company’s growth was impossible without a deep understanding of artificial intelligence and machine learning. Rostin Pinam, Chairman of the American Futures Trading Committee, also talked about the accurate balance between the organization of artificial intelligence and attracting artificial intelligence companies, noting that the motivation of entrepreneurs to create their business is often not in line with the viewpoint of the organizational authority in terms of risk management and security. He also pointed out that artificial intelligence provides a full set of challenges – given how technology intersects with principles. Meanwhile, Rakin Iqbal, founder and executive director, New Clearius for artificial intelligence, explained that innovation in the government is not a luxury, but rather a necessity to move forward, indicating that Dubai is leading efforts in addressing some global challenges related to artificial intelligence, and working to find technical solutions for all.