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

The Dubai Media Council, in cooperation with the McDonalo College of Business Administration at Georgetown University, hosted the Dubai City Emerging Conference: Building the Future Capital for International Business “, with the participation of a group of government officials, decision makers, policymakers, business leaders and academics, and media leaders, from the UAE The United States of America, to discuss Dubai’s aspirations 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 at 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, which will combine together the economic and commercial scene in Dubai over the next decade, as well as its impact on shaping the features of the sectors of the sectors Several vitality, the most important of which 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 supporting the targets of the Dubai Economic Agenda «D33», which constitutes the general framework of Dubai targets until 2033, the most important of which is double Its gross domestic product, and strengthening its position as a financial and logistical center.

The event included a major speech, delivered by the Director General of Dubai Chambers, Mohammed Ali Rashid Lootah, entitled “A strategic plan to achieve sustainable excellence”, in which he highlighted the goals and basic goals of the Dubai Economic Agenda D33, while emphasizing the pillars of basic economic development, such as attracting external investment And adopting digital transformation, integrating sustainable initiatives, enhancing societal development efforts to attract, support and maintain talents, as he focused in his speech on Dubai’s priorities, such as enhancing the contribution of the industrial sector, increasing exports, sustainability, and strengthening the Dubai website as a leading global logistical center, and to be among the most important four International financial centers, and a leading destination for business, families and tourists.

The Secretary -General of the Dubai Media Council, Nihal Badri, expressed her happiness with the success of the “Dubai City Rising City: Building the Future Capital for World Work”, 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 to enhance its position as a global center for innovation And entrepreneurship, 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 consolidating its position as a first destination for investment and entrepreneurship According to a 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 rational leadership, and enhance Dubai’s position as a global business capital.

For his part, the Dean of the McDono College for Business Administration at Georgetown University, Paul Almeida, said: “We are proud to collect a group of leading minds in the conference, which is our first event in Dubai, which strengthened the decisive role of cooperation in shaping a sustainable and innovative future for global trade. The strategic, as a crossroads for business, innovation and knowledge exchange, made it the ideal place to enhance purposeful dialogue, which is the exact reason behind the choice of Georgetown University to launch the Executive Master of Business Administration here in Dubai, and we are very grateful to the Dubai Media Council for its valuable partnership for the success of this event. ”

The conference agenda witnessed four main sessions, which dealt with a group 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 hosted, entitled “Integrated Infrastructure: The Future Foundation”, 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 strategies that define the features of the future of Dubai were touched on the strengthening Innovation and talent development to build an integrated, flexible and comprehensive urban system, and during the session, the Executive Director of the Community Empowerment Sector at the Community Development Authority in Dubai, Maitha Mohammed Al Shamsi, reviewed the main developments that strengthened growth and prosperity in Dubai, highlighting the broader economic plans on the social level.

For his part, the CEO of the Dubai Media Foundation, a member of the Dubai Media Council, Mohammed Al -Mulla, explained during the session that the 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 Economy and Tourism Department, 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”, the United States Ambassador to the United Arab Emirates, Martina Strong, presented its vision about the acceleration of growth and the experience of American companies in Dubai, highlighting the importance of Dubai as a model site for business, What allows communication with Africa, Europe and Asia. She also spoke at the founding session and chairman of the Aprayl Group Sima Janewani Vid, saying that among the 85 brands in the April Group, she chose 28 Dubai trademarks to be its first steps in the international market, and that when looking at the future regarding marketing for years The next 10, the group takes many lessons and examples from Dubai directly regarding how to market itself as a destination on the world stage.

For her part, Professor of Finance, Georgetown University, Professor Reina Agarawal 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 “Financing Investment in Infrastructure: The next ten years”, discussed the viewers ’views and comments on the infrastructure, 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 World Financial Center was a leading model of innovation in future emerging markets, which shows the vision of good leadership.

In response to a question about the competition for local and regional financing between the sites, he said that as long as the United Arab Emirates and the countries of the region are working well in its entirety, health competition can be To encourage collective growth for everyone. In response to a question about the skills they are looking for in their future employees, Henrik Rabir, the global head of banking services, Standard Chartard, explained that the 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 safe 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, the founding partner and CEO, “Galf Capital”, Dr. Karim Al -Solh, reviewed how “Galv Capital” invested in artificial intelligence before becoming a common and good concept.

He pointed out that the company’s growth would have been impossible without a deep understanding of artificial intelligence and machine learning. Rosten Benam, 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 range of challenges, given how technology intersects with principles. At the same time, Rakin Iqbal, founder and executive director of Nukaclius for artificial intelligence, explained that innovation in the government is not a luxury, but rather a need 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.

Nihal Badri:

. Dubai Media Council will continue its efforts to support initiatives that enhance Dubai’s position as a global business capital.

Paul Almeida:

. Dubai’s strategic website, as a crossroads for business, innovation and exchange of knowledge, made it the perfect place to enhance purposeful dialogue.

. 19 speakers at the conference, including officials, business leaders and academics from the UAE and the United States.