Money and business

Abu Dhabi Chamber organizes "Traders’ forum with decision makers"

ABU DHABI, 5 April / WAM / The Abu Dhabi Chamber of Commerce and Industry organized the “Merchants and Decision Makers Forum” at the Abu Dhabi Energy Center, with broad participation from senior representatives of government agencies and an elite group of leaders from the private sector and business community, with the aim of harmonizing efforts and discussing national economic priorities, in a way that contributes to accelerating the pace of joint action and supporting growth paths.

The forum is an extension of a series of high-level meetings witnessed in the past period, which brought together government agencies and business leaders to discuss market stability and supply chain challenges in light of global economic changes.

The forum reflects Abu Dhabi’s continuous approach to unifying institutional efforts and accelerating the pace of implementation, through an organized platform that connects decision makers with the business community, and contributes to transforming trends into practical measures and addressing operational challenges directly. The discussions focused on applied solutions that support business continuity, enhance the flexibility of supply chains, and consolidate the emirate’s ability to deal with global changes with confidence and proactiveness.

The forum sessions also highlighted the ongoing efforts to develop the business system through specific programs and enabling regulatory frameworks, in parallel with the rapid growth of the non-oil sectors, which are an essential pillar in supporting the economic diversification of the UAE, reflecting the strength of an economic model based on stability, competitiveness, and long-term planning.

His Excellency Ahmed Jassim Al Zaabi, Chairman of the Abu Dhabi Chamber of Commerce and Industry, said that the Emirate of Abu Dhabi’s economic model is based on readiness and response to various circumstances, and is based on clear institutional alignment, flexible regulatory frameworks, and an effective partnership between the government and private sectors.

He added: “The round tables provided a direct understanding of the reality of the market, which supports the alignment of policies with actual operational needs. In light of the current changes, the priority is focused on ensuring the continuity of trade flow, enhancing the flexibility of supply chains, and enabling companies to plan with confidence. Today’s work is focused on implementation and transforming the outputs into practical steps, accelerating the pace of achievement, and enhancing the role of the private sector in supporting stability and growth.”

The sessions witnessed high-level participation from government and private entities, including the Department of Economic Development – Abu Dhabi, Abu Dhabi Ports Group, Abu Dhabi Customs, Abu Dhabi Investment Office, the Integrated Transport Center “Abu Dhabi Mobility”, “7X”, “Etihad Export Credit”, “Dell” and “Presight AI”.

The forum reviewed a number of the outcomes of the sessions, the most prominent of which is the “Adeed” platform, which is an advanced digital system that provides companies with real-time data about supply chains, enabling them to make proactive decisions and enhance the flexibility of logistics services.

The live presentation of the platform also demonstrated the role of technical solutions in supporting business continuity and developing the commercial infrastructure in the Emirate of Abu Dhabi.

The forum began with two closed round tables, the first devoted to the tourism sector and the second to the industrial sector, and brought together representatives of government agencies and business leaders to discuss the most prominent challenges and opportunities, as well as ways to enhance the efficiency of supply chains and support business continuity.

The sessions highlighted a number of main themes that reflect the priorities of the private sector in the Emirate of Abu Dhabi, focusing on policies and initiatives that support business and enhancing growth opportunities in the trade, logistics and industry sectors, which contributes to enhancing competitiveness and supporting the transition towards a knowledge-based economy.

The first session, titled “Business Support – Direct Announcement of Policies and Initiatives,” discussed a set of proactive measures taken by government agencies to ensure business continuity and enhance the flexibility of supply chains.

During the session, the participants reviewed the readiness of the Emirate of Abu Dhabi to deal with challenges by activating emergency plans and integrating roles between various parties. The efforts made to enhance the efficiency of logistical operations were also highlighted, including increasing the capacity of ports, accelerating the pace of handling, and expanding the scope of operational services, in addition to maintaining the smooth movement of goods and reducing pressure on the infrastructure, in a way that enhances market stability.

The session also discussed initiatives supporting the private sector, which included simplifying customs procedures, providing fast paths for clearance, activating digital solutions to facilitate access to government services, in addition to strengthening partnership with the private sector by discussing challenges during direct meetings.

The second session, entitled “Growth Prospects – Trade, Logistics and Industrial Opportunities in Abu Dhabi”, was attended by Mohammed Jaber, CEO of Combi Lift Projects MEA, and Tariq Al Wahidi, CEO of 7X Group.

The session discussed the emirate’s most prominent competitive features in the fields of trade and supply chains, its role as a regional center for trade movement, in addition to the opportunities available to expand businesses and enhance integration between economic sectors.

The participants stressed that the UAE has an advanced and diverse logistics network that provides access to many global markets, stressing the importance of developing digital platforms to enhance the efficiency of logistics services.

They also pointed out the role of modern technologies in improving shipment tracking and monitoring operations in real time, which supports more accurate and flexible decision-making.

During the third session, entitled “Empowering the Future – Artificial Intelligence, Technology and Government Innovation,” Hani Khalaf, Chief Technology Officer at Dell, and Magzan Kinsby, Chief Growth Officer at Presight, discussed the pivotal role of advanced technologies and artificial intelligence in reshaping and empowering the business environment in light of rapid changes.

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