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Find out moreWe are excited to share the latest edition of the Law Update, beautifully and appropriately titled “Sustainable Horizons: The Saudi Arabian Vision.” Giving special honor to the Kingdom’s 2030 vision, this update focuses on a collection of both informative and inspiring articles.
For those in construction, you can learn about how the tendering environment impacts risk-pricing for contractors, the updates on the legal framework of the construction industry and how contractors can protect themselves against financial difficulties.
There is good news too from the kingdom’s banking sector, from which the practice of “Open Banking” is being pushed for! But what is open banking? We’re answering that too.
Also . . . Are there any women trail blazers in Saudi Arabia you can name? We’ll help you with that. We cover how the Middle East has been making strides in empowering women in the entrepreneurial space,most notably in STEM fields.
Read the full editionAn illustration of Dr Raja Easa Al Gurg, Vice Chairperson and Managing Director, Easa Saleh Al Gurg Group.
As a significant contributor to the economy with six decades of business acumen and expertise, several elements of the Centennial plan will be part of Easa Saleh Al Gurg’s strategic objectives this year and beyond.
As a multifaceted conglomerate ESAG continues to evolve, while balancing emerging global challenges that shape future progress. We believe in being at the forefront in aligning our operations to cohesively match the trade and economic goals of the nation.
Our priorities based on the draft plan would focus on:
To keep constantly evolving to meet future needs and build successful and valued business outcomes. To optimally balance Artificial Intelligence and Social Intelligence within our leadership and staff, which requires greater creativity and partnering with like-minded organisations.
There is less time to play it safe and a need to move to a position of learning from new realities. The future focus will need to encompass skills of adaptability, innovation, and courage.
One of the factors that distinguishes Dubai from other global business hubs is the strong value proposition it offers to companies, investors and top talent from around the world. The emirate continues to drive global interest by adding new competitive advantages and incentives.
The government’s forward-looking vision and proactive approach in adapting to changing market dynamics has resulted in several measures being introduced. These include long-term residency visas, a virtual working programme and most recently, a strategic move to grant UAE citizenship to select foreigners.
Going forward, start-ups and SMEs are expected to play a much bigger role in fostering a culture of innovation and supporting Dubai’s transition to a digitally driven economy in the post-COVID era. In the Dubai of the future, innovation, knowledge and intangible assets will be the key growth drivers and elevate the emirate’s standing in the global arena.
Dubai is a leading example of a city that has fast tracked economic development through close public-private sector co-operation. For instance, the emirate’s success in dealing with COVID-19 and the gradual reopening of the economy would not have been possible without the seamless collaboration between government and business stakeholders who aligned their efforts to ensure compliance and develop effective solutions.
As a bridge between Dubai’s government and businesses, Dubai Chamber plays a crucial role in facilitating public-private sector partnerships that foster economic growth and innovation. While our leadership lays the groundwork for UAE’s post-COVID-19 economic recovery and prepares for the next 50 years, we are now exploring new ways to involve the private sector in important discussions and plans that will shape the nation’s future.
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