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DED launches initiatives to enhance future-readiness of economy

The Department of Economic Development (DED) in Dubai has launched three quality initiatives aimed at accelerating the future-readiness of the economy and enhancing private sector participation in developing a competitive policy framework for achieving sustainable business growth.
The three initiatives are: an updated version of the EngageDXB app designed to serve as a communication platform for all businesses registered in DED and the free zones in Dubai; a Future Readiness Study, aimed to assess the impact of global mega trends on business in Dubai; and the Future Economy Lab, a partnership platform aimed at developing learning and creative thinking on the future direction of economy within the public and private sectors and academia.
Mohammed Shaal Al Saadi, CEO of the Corporate Strategic Affairs sector in DED, stated that the EngageDXB app, which was earlier limited to business groups and councils, now serves all registered businesses in Dubai, enabling them to communicate with government officials and access a wide variety of services. "Businesses can receive updates on policies and announcements as well as propose innovative ideas and suggestions on facilitating business and accelerating economic growth through the app," he said.
Al Saadi said 164 mega trends were evaluated as part of the Future Readiness Study to see their impact on industries worldwide and how governments are adapting towards the future. The study also examined how global trends will influence 14 major sectors in Dubai and identified more than 100 initiatives that could be deployed across five future themes.
- rohma@khaleejtimes.com