A business workshop attended by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, is part of a series of government initiatives aimed at boosting Dubai’s economy, Gulf Business reports.
The workshop afforded business people — from companies ranging from start-ups and small- and medium-sized enterprises (SMEs) to global multinationals — to opportunity to explore ways to keep Dubai attractive to the business community.
Shaikh Mohammad said, “The most important part of these workshops is constructive dialogue that achieve a true partnership between the public and private sector, particularly in light of the advantages that are available on a daily basis, which encourages consolidating cooperation and consultations between public bodies and business people and investors.”
In March, Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council, announced that the emirate would be freezing government fees for three years.
Two weeks ago Dubai’s Department for Economic Development (DED) announced initiatives to exempt firms from some fines and trade violations, reduce operational costs for retailers, as well as support local production and attract start-ups.