Money and business

Company leaders welcome the economic facilities package

Chairmen of boards of directors and company officials in Dubai welcomed the adoption by the Executive Council of the Emirate of Dubai of a package of facilities for the economic sector, to enhance the capabilities of flexibility, readiness, and rapid response to changes, with a budget of one billion dirhams. They said that this reflects Dubai’s ability to respond with flexibility and foresight in a rapidly changing economic landscape.

They stressed that these similar trends and policies would enhance the confidence of companies operating in Dubai, and at the same time consolidate the city’s attractiveness on the global level as a forward-looking economic center that enjoys flexibility and sustainability, as well as being major enabling factors that support achieving sustainable growth.

Proactive leadership vision

In detail, the CEO of Al Ansari Financial Group, Rashid Ali Al Ansari, said: “We welcome with great appreciation the launch of the economic support package for the business sector in Dubai worth one billion dirhams, which was approved by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defense and Chairman of the Executive Council of the Emirate of Dubai, as this qualitative initiative reflects a proactive leadership vision that places empowering the private sector and enhancing its competitiveness at the core of its priorities.”

Al Ansari added: “The importance of this step lies not only in its size, but also in the speed of its adoption and the accuracy of its direction. Dubai continues to consolidate its unique model in dealing with changes, through decisive decisions, clear policies, and effective implementation that reflects a firm commitment to supporting business sustainability and enhancing confidence in its economic environment.”

He continued: “Dubai is accustomed to turning challenges into opportunities, and this initiative reaffirms the strength of its economic system and the solidity of its institutions under wise leadership that is moving confidently towards the future.”

Business-friendly environment

For his part, Paras Shahdapuri, Chairman of the Board of Directors of the Nikkei Group of Companies, said: “These initiatives, in terms of their size and breadth, especially in light of the current challenges, reflect Dubai’s ability to respond with flexibility and foresight in a rapidly changing economic landscape.” He added: “Measures that enhance liquidity, simplify operations, and support the well-being of the workforce, also contribute to consolidating the emirate’s position as a fertile and supportive environment for business,” pointing out that “the continued focus on innovation from Through initiatives such as virtual warehousing, along with social and economic empowerment, a balanced approach is evident in our leadership in achieving growth.”

He continued: “These similar trends and policies would enhance the confidence of companies operating in Dubai, and at the same time consolidate the city’s attractiveness on the global level as a forward-looking economic center that enjoys flexibility and sustainability.”

Flexibility and attractiveness

For his part, the founder and CEO of Turn Group, which specializes in managing workforce infrastructure supported by artificial intelligence in the Emirates, Avinav Nigam, said: “The economic stimulus package worth one billion dirhams, in addition to the forward-looking policies announced by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defense and Chairman of the Executive Council of the Emirate of Dubai, reflects the established position of the Emirate of Dubai as one of the most flexible and attractive economic environments for business. At the world level.

He added: “For institutions like ours, these initiatives, especially those that contribute to simplifying residency procedures, enhancing the well-being of the workforce, and facilitating movement across borders, are key enabling factors that support achieving sustainable growth.”

He continued: “As the demand for specialized talent continues to rise throughout the region, especially in the healthcare sector, the ability to efficiently attract, employ and retain global talent becomes increasingly important. This initiative gains long-term strategic importance in its timing, and also enhances levels of confidence, especially in light of the current regional challenges that may have short-term effects on the movement of talent transfer.”

Nigam stressed that Dubai continues its investments in enhancing economic flexibility, developing digital infrastructure, and facilitating access to talent, creating an ideal environment to drive innovation in the areas of workforce mobility. He said: “We see this as a strong indication of the emirate’s long-term commitment to building an integrated system for talent and the healthcare sector, characterized by future readiness, comprehensiveness, and the ability to compete globally.”

An economy ready for the future

In the same context, Tayfun Topkok, Senior Vice President of International Operations at People Strong, a company specializing in human capital management based in Dubai, said: “This latest package of initiatives reflects Dubai’s continued commitment to building a resilient and future-ready economy by placing individuals and the business sector at the core of its growth strategy.”

He added: “Measures that enhance liquidity, simplify operations, and support the well-being of the workforce are essential enabling factors to enhance competitiveness in the long term, and in this context there is a clear focus on empowering competencies, starting from facilitating residency procedures, all the way to providing more sustainable employment paths for Emirati citizens, and in light of the rapid technological changes that the region is witnessing, especially with artificial intelligence reshaping the dynamics of the labor market, such policies play a pivotal role in supporting companies to build a flexible, qualified workforce, And compatible with local national priorities. Topkok stressed that “Dubai continues to provide a leading role model in integrating forward-looking policies with an ambitious economic vision, which contributes to achieving growth and promoting comprehensive development at the same time.”

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