The delegation reviewed the DED's strategic plan and the emirate's development plan 1996-2000 prepared by the department. The delegation also reviewed the DED's contribution to the emirate's strategic plan 2007-2015 announced recently.
Welcoming the delegation, Saeed Rashid Al Suwaidi, Director of Economic Affairs Division at DED, explained that Dubai's economy is one of the most competitive worldwide with an overall competitiveness ranking of 17 among 61 economies, according to the 'Dubai in World Competitiveness Report 2005'. The report was jointly published by the DED and the Switzerland-based International Institute for Management Development (IMD). "This ranking reflects Dubai Government's success in achieving the development leap evident in the emirate. Other countries can benefit from Dubai's development model to enhance their competitiveness," said Al Suwaidi.
The delegation was given an insight into DED's leading experiences in the fields of business registration, compliance and commercial protection and quality management. The delegation also reviewed the much-acclaimed activities, initiatives and studies provided by DED to business people and investors.
"Led by the visionary leadership of President His Highness Sheikh Khalifa bin Zayed Al Nahyan and His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, the UAE in general and the emirate of Dubai in particular have achieved noticeable economic growth in all fields during the last few years," added Al Suwaidi.
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DED briefs GCC delegation on ways to enhance competitiveness of Arab states
- United Arab Emirates: Wednesday, April 04 - 2007 at 17:10
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The Department of Economic Development (DED) hosted representatives from the Gulf Co-operation Council (GCC), who visited the United Arab Emirates recently to review the country's development plans in preparation for a comprehensive GCC plan.
Department of Economic Development (DED) building.
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Posted by Lara Lynn Golden, News EditorWednesday, April 04 - 2007 at 17:10 UAE local time (GMT+4)
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This article was updated on Sat Apr 07 2007.
Notes and Media Contacts »
About Department of Economic Development (DED):
The Department of Economic Development (DED) was established in March 1992, with the objective to organise, regulate and boost trade and industry within the Emirate of Dubai. The DED has moulded its mission of building a futuristic establishment, in accordance with the vision of the Government of Dubai and in the light of globalisation and the requirements of a digital economy. One of its key functions is to encourage local and foreign investments in commercial and industrial projects, and create the appropriate environment for investors.
The DED's other functions comprise a wide range of regulatory activities including the preparation and maintenance of a commercial register and the supervision of all organisations. The DED is responsible for regulating the affairs of commercial agents and brokers and commercial advertising offices, in addition to overseeing and controlling the insurance industry in the Emirate. Examining the participation of the government in the private sector and representing the government in companies where it has a stake, also comes under the purview of the DED.
For further information, please contact:
Nafisa Marzouki/Nizar Aridi
ASDA'A Public Relations
Exclusive Affiliate of Edelman PR Worldwide in Middle East and North Africa
P O Box 28063, Dubai, UAE
Tel: (971 4) 3344550
Fax: (971 4) 3344556
The Department of Economic Development (DED) was established in March 1992, with the objective to organise, regulate and boost trade and industry within the Emirate of Dubai. The DED has moulded its mission of building a futuristic establishment, in accordance with the vision of the Government of Dubai and in the light of globalisation and the requirements of a digital economy. One of its key functions is to encourage local and foreign investments in commercial and industrial projects, and create the appropriate environment for investors.
The DED's other functions comprise a wide range of regulatory activities including the preparation and maintenance of a commercial register and the supervision of all organisations. The DED is responsible for regulating the affairs of commercial agents and brokers and commercial advertising offices, in addition to overseeing and controlling the insurance industry in the Emirate. Examining the participation of the government in the private sector and representing the government in companies where it has a stake, also comes under the purview of the DED.
For further information, please contact:
Nafisa Marzouki/Nizar Aridi
ASDA'A Public Relations
Exclusive Affiliate of Edelman PR Worldwide in Middle East and North Africa
P O Box 28063, Dubai, UAE
Tel: (971 4) 3344550
Fax: (971 4) 3344556
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