Who are the new members of the Dubai International Chamber Board
In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President and Prime Minister of the UAE, has issued a decree to appoint and substitute members of the Dubai International Chamber's Board of Directors. The Dubai International Chamber is one of the three chambers operating under the Dubai Chambers.
Who are the new members of the Dubai International Chamber Board of Directors?
According to the decree, Mr. Omar El-Shennawy, Mr. Yasser Abdul-Malik, and Mr. Khalil Yassin have been chosen as members of the board of directors for the Dubai Chamber. Their extensive expertise in their respective fields will contribute significantly to the chamber's strategic objectives, which include attracting foreign direct investment, supporting the global expansion of its members, and promoting Dubai's foreign trade.
Yasser Abdel Malek serves as the Chairman and CEO for the Middle East and North Africa at Nestlé Middle East, Khalil Yassin holds the position of President at Unilever Arabia, and Omar El Shennawy is the CEO for Procter & Gamble Middle East, Sub-Saharan Africa, and Export Markets, serving a global audience.
Sultan Ahmed bin Sulayem, the Chairman of the Dubai International Chamber, expressed his honor at having three distinguished business leaders join the board of directors. He expressed confidence in their capabilities and extensive experience, emphasizing the value they will bring to the chamber in terms of supporting its strategic priorities and contributing to Dubai's economic success. He also highlighted the importance of cooperation among all board members in shaping the future of Dubai in line with the vision set by the wise leadership.
Dubai International Chamber Board
The strategic focus of the Dubai International Chamber for the period of 2022-2024 revolves around strengthening Dubai's position as a global trade capital and a strategic hub for multinational companies. This aligns with the Dubai Foreign Trade Plan, which aims to increase the emirate's foreign trade volume to 2 trillion dirhams by 2026, as approved by His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister, and Ruler of the UAE.
As a key player, the Dubai International Chamber plays a pivotal role in positioning Dubai as a global destination for foreign direct investment and a gateway for international market expansion. Over the next few years, it will establish commercial promotion offices worldwide as part of the Dubai Global initiative. This initiative seeks to attract multinational companies, small and medium enterprises (SMEs), investors, and talented individuals to Dubai by showcasing its competitive advantages, facilitating investment information exchange, and fostering networking opportunities with stakeholders abroad.
The strategy of the Dubai International Chamber revolves around supporting Dubai's foreign trade, attracting multinational companies, and facilitating their expansion into foreign markets. The focus is on attracting multinational companies to Dubai, assisting 100 Dubai-based companies in expanding to priority foreign markets, and enhancing the business environment in Dubai to promote growth, particularly for multinational companies. Additionally, the Chamber aims to support and encourage multinational companies to be listed on the Dubai Financial Market.