The Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai’s Chambers, recently organized a roundtable discussion involving over 70 leaders from the Dubai Jewelry Group. The purpose of this gathering was to address key updates and enhance the resilience of the sector amidst current challenges.
With the presence of Mohammed Ali Rashed Lootah, the Director General of Dubai Chambers, and Tawheed Abdullah, Chairman of the Dubai Jewelry Group, this roundtable facilitated interactive discussions focused on the state of the gold and jewelry sector in Dubai. Participants explored practical solutions to challenges arising from both regional and global circumstances. The meeting highlighted the ongoing efforts to protect the business community’s interests in general, while specifically supporting companies in the gold and jewelry industry, which assists in increasing the private sector’s adaptability and streamlining operations.
Priority
Mohammed Ali Rashed Lootah stated, “The gold and jewelry sector is one of the main pillars of Dubai’s economy and is a priority in our efforts to enhance the competitiveness of the business environment, establishing the emirate as a leading global hub for gold trade and industry. Based on a strong partnership approach with the private sector and close coordination with various stakeholders, we aim to develop a comprehensive system that supports the smoothness and efficiency of business and operational processes.”
The discussions at the roundtable focused on recent developments within the gold and jewelry sector. Participants emphasized the significance of governmental support designed to enhance companies’ readiness and operational flexibility, ensuring high business continuity. Additionally, they examined ways to improve working mechanisms, boost performance efficiency, and enhance adaptability to changes to support sustainable growth and maintain sector competitiveness on both regional and global levels.
This meeting is part of the broader engagements the chamber is currently conducting with various business groups and councils to assess the current business landscape, foresee future prospects, and strengthen effective mechanisms that prepare all sectors to adapt to global changes.