Posted On 9/6/2017
Abu Dhabi Chamber and the Canadian and Palestinian Business Councils are to organize the Business Councils Forum in November
The Abu Dhabi Chamber of Commerce and Industry, the Canadian Business Council Abu Dhabi, and the Palestinian Business Council, are organizing the Business Councils Forum 2017 in Abu Dhabi by the end of November with the participation of more than 500 companies from more than 23 business councils operating in the emirate. These councils encompass thousands of companies from different sectors operating in Abu Dhabi.
The forum aims at enhancing communication between business councils in Abu Dhabi, companies operating in the emirate and international ones in order to increase the role these councils and companies play in the sustainable and comprehensive economic development process in Abu Dhabi. The Forum also aims to support the sectors that the economic plan focuses on to diversify income resources and to concentrate on a knowledge-based economy.
His Excellency Mohammed Thani Al-Rumaithi, Chairman of the Federation of the UAE Chambers of Commerce and Industry and Chairman of the Abu Dhabi Chamber, pointed to the necessity of holding this forum which comes along with the celebrations of the country in the 46th National Day.
“The forum will bring together heads and directors of a number of business councils and companies operating in different sectors in Abu Dhabi under one roof. It comes in a very important moment to the UAE in general and Abu Dhabi in particular. It comes as we celebrate the 46th National Day, which is a dear anniversary to the Emirati people.” Al-Rumaithi said.
“Celebrating the national day goes in line with the emirate achieving many goals on different levels, especially on the economic and trade ones. Abu Dhabi was able to transform economic challenges into huge accomplishments; it was able to realize a huge and rapid increase in GDP; attract investments, capitals and companies; and hit high and unprecedented growth rates.”
The Chairman stated that such results shed a light on how far economic plans and strategies were able to achieve their goals in economic transformation by setting a sustainable and diverse economic model alongside integrating with the world economy. Such goals can be realized through expanding all sectors and improving performance as well as motivating the private sector to play a bigger role and expanding to new markets, encouraging foreign investment inflows, and realizing the highest productivity rates and competitiveness.
Al-Rumaithi pointed to the economic strategies of Abu Dhabi, stating that they materialize the wise and long-term vision of the government represented in His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE and Ruler of Abu Dhabi; and His Highness Sheikh Mohammed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. This vision looks towards placing Abu Dhabi amongst top world economies by developing a sustainable and dynamic economy based on knowledge.
“This forum, since its launch in 2001, has been working on strengthening the relationship between business councils in the emirate and on providing cooperation opportunities and communication as well as increasing the contribution of business councils to promoting trade in Abu Dhabi through the trade exhibition that will be held alongside the forum.
The Canadian Business Council’s Chairman, Gregory Zoughbi, said "we are pleased and honored that the Abu Dhabi Chamber of Commerce and Industry has once again selected the Canadian Business Council and Palestinian Business Council to host this major event. Both of our councils had successfully organized it in the past, and we are happy to do so again this year. We will combine our proven experience and lessons learned with our latest innovative thinking to ensure that this important event reaches new heights."
Jamal Abu Baker, Chairman of the Palestinian Business Council said: "The appointment of the Palestinian Business Council and the Canadian Business Council to host this significant forum once again is proof of the confidence that the Abu Dhabi Chamber of Commerce and Industry acknowledges in the role of our business councils.” Mr Abu Baker further clarifies, “the continuous support of the Abu Dhabi Chamber for the business councils signifies the commitment of the chamber to recognizing the strong commercial ties between the United Arab Emirates and countries on the regional and international scale. The Abu Dhabi Chamber is pushing forth to fulfill the vision of His Highness Sheikh Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE and His Highness Sheikh Mohammed Bin Zayed Al Nahyan, Abu Dhabi Crown Prince, Chairman of the Executive Council of the Emirate of Abu Dhabi, and to ultimately realize the Abu Dhabi Vision 2030.