Dubai Chambers recently convened over 150 business leaders, policymakers, and industry experts for its ‘Global Trends Dialogue,’ an interactive platform designed to help the private sector navigate a rapidly evolving economic landscape. Held under the theme ‘Resilient Growth: Navigating Global Shifts & Regional Strengths,’ the event underscored Dubai’s strategic role as a global trade hub and highlighted the critical importance of agility and technological adoption for sustainable growth.
Charting a Course for Resilient Growth
The high-level gathering, attended by H.E. Eng. Sultan bin Saeed Al Mansoori, Chairman of Dubai Chambers, and H.E. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, focused on arming businesses with the strategic insights needed to thrive amidst global transformations. Discussions centered on how companies can remain competitive by adapting to new market dynamics in manufacturing, supply chains, and international trade.
H.E. Eng. Sultan bin Saeed Al Mansoori commented on the emirate’s strategic vision, stating, “Dubai’s economic resilience lies in its ability to anticipate and respond proactively to global transformations through well-defined, forward-looking strategies. At Dubai Chambers, we remain committed to enhancing the private sector’s ability to navigate the evolving global economic landscape with confidence.”
The Future of Manufacturing and Trade
One of the core sessions examined how shifts in high customs duties are reshaping global trade dynamics, influencing market trends, and altering major trade routes. This conversation seamlessly transitioned into the future of manufacturing, where experts explored the transformative impact of advanced technologies.
The dialogue underlined the growing role of Artificial Intelligence (AI), robotics, and the Internet of Things (IoT) in driving the next wave of industrial innovation. Participants discussed the evolution of AI from a supportive tool to a primary driver of productivity and efficiency, emphasizing the need for companies to align their data strategies with AI advancements and upskill their workforce to capitalize on technological progress.
Reimagining Supply Chains with AI
Another key session analyzed the significant transformations occurring in global supply chains. The discussion highlighted the growing trend of nearshoring to optimize operations and manage costs, alongside the expanding role of AI in logistics management and the promotion of sustainable shipping practices. Experts stressed the importance of strengthening public-private partnerships to accelerate innovation and digital transformation. The session reinforced Dubai’s potential to consolidate its position as a global hub for logistics innovation, serving as a strategic bridge between Eastern and Western markets.
About Dubai Chambers
Dubai Chambers is a non-profit public entity that supports Dubai’s vision as a global player by empowering businesses, delivering innovative value-added services, and unlocking access to influential networks. In March 2021, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the restructuring of Dubai Chamber of Commerce and the formation of three chambers for the emirate, namely Dubai Chamber of Commerce, Dubai International Chamber, and Dubai Chamber of Digital Economy, which now operate under the umbrella of Dubai Chambers.
Source: Zawya