Starting January 1, employers in Northern Emirates will be required to get their employees a health insurance policy
uae3 hours ago
Shaikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, attended the opening session of the two-day 2nd Annual International Conference and Exhibition, organised by the World Free Zones Organisation in Dubai on Tuesday.
The event was attended by Shaikh Ahmed bin Saeed Al Maktoum, chairman of Dubai Civil Aviation Authority and chairman of Emirates Group, in addition to representatives of over 200 member international free zones, and a number of officials and economic entities in the UAE.
Sultan bin Saeed Al Mansouri, UAE Minister of Economy, discussed in his keynote speech the challenging global economic conditions in general and the UAE's economy that is witnessing remarkable growth despite all the challenges faced by the global economy.
Al Mansouri said: "Our national economy is registering growth in all investment and development sectors, and this growth makes the country's economy stronger and healthier thanks to the vision and policies of our wise leadership."
On his part, Dr Mohammed Al Zarooni, chairman of the World Free Zones Organization and Conference President, welcomed participants in the notable event who represent 200 free zones from 45 countries. He also expressed hopes that this global convention will produce positive results that can facilitate collaboration between the different free zones to attract more commercial and industrial investments.
Al Zarooni pointed out to the huge developments in Dubai's free zones thanks to the unlimited support from His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, and the governmental and logistic facilities offered by the government to companies and investors.
At the end of the session, Shaikh Hamdan launched the Free Zone of the Future Programme, a locally developed international initiative, will revolve around three main pillars that will enable free zones around the world to contribute to a secure and sustainable future. The pillars constituting this program are: excellence and best practices, innovation and entrepreneurship and sustainability. Additionally, each pillar consists of three components, which will help determine the tools and resources required to enable the programme to achieve its long-term objectives.
Shaikh Hamdan expressed his confidence that the 2nd Annual International Conference of Free Zones, will contribute positively to the revitalisation of investment and commercial activity, not only in the UAE but also at the regional level, and hence will serve our national economy and other countries' national economies.
The Dubai-based World Organization of Free Zones is the sole representative of the interests of its member free zones. An exhibition titled "Global Value Chain" is also organised on the sidelines of the conference and will run until tomorrow, Wednesday.
Throughout the conference, many sessions and workshops will be held on various topics, discussing the advantages of the free zones and their role in attracting investments, the implementation of the of innovation concept in corporations located in the free zones, and the role of these free zones in the sustainable economic development.
Participants will also discuss good governance practices in the global value chains, the laws and regulations governing these chains, and their most prominent applications. - Wam
Starting January 1, employers in Northern Emirates will be required to get their employees a health insurance policy
uae3 hours ago
The exhibition match was played between Indian Warriors and the Gulf Gladiators, keeping fans on the edge of their seats
sports9 hours ago
A field of 115 players is set to compete across 14 divisions in one of the most anticipated junior golf events in the region
sports9 hours ago
Dubai-resident Monja Madan's new app PetWatch is changing the pet care game in the UAE
entertainment9 hours ago
Here's a look at Chinese automaker BYD's track record
auto9 hours ago
This festive season, embrace a celebration that blends nature with seasonal cheer, creating a joyful and eco-friendly holiday experience
entertainment10 hours ago
The musical genius passed away on Monday
entertainment10 hours ago
The new basic health insurance plan starts from as low as Dh320 per year, which is lower than Abu Dhabi and Dubai
health11 hours ago