GITEX Global and Expand North Star: Dubai Department of Innovation

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Enhancing the Investor Experience: DBLC’s Launch at Dubai Events

The vibrant city of Dubai is set to witness a significant leap in its business landscape as the Dubai Business Registration and Licensing Corporation (DBLC) prepares to unveil innovative solutions aimed at enhancing the investor experience. This initiative will be showcased at two major events: GITEX Global 2024 and Expand North Star, both of which are pivotal in highlighting Dubai’s commitment to fostering a conducive environment for business operations and attracting global investment.

A Strategic Participation

The Dubai Department of Economy and Tourism (DET) is gearing up for its participation in these two landmark events, scheduled from October 14 to 18 for GITEX Global and October 13 to 16 for Expand North Star. These platforms will not only spotlight the innovative services provided by DET but will also emphasize the dynamic companies that are establishing their presence in Dubai as they embark on their global expansion journeys.

Alignment with Economic Goals

DET’s active involvement in these events is a strategic move that aligns with the ambitious Dubai Economic Agenda, known as D33. This agenda aims to double the size of Dubai’s economy by 2033 and solidify the city’s position as a premier global hub for both business and leisure. By participating in these events, DET is reinforcing its commitment to achieving these economic goals while showcasing Dubai as a forward-thinking metropolis.

Innovations at GITEX Global

At GITEX Global, which will take place at the Dubai World Trade Centre, DBLC will introduce state-of-the-art solutions designed to optimize the investor experience. These innovations are crucial for simplifying the process of doing business in Dubai, thereby attracting foreign direct investment and top-tier talent. The emphasis on enhancing the investor journey is a testament to Dubai’s dedication to creating a business-friendly environment that encourages growth and innovation.

Strengthening Global Reputation

The initiatives unveiled at these events are expected to bolster Dubai’s global reputation as a leading destination for innovation and investment. During GITEX Global, DBLC will also take the opportunity to recognize various partners who have played a significant role in its successful initiatives over the past year. This acknowledgment not only highlights collaborative efforts but also reinforces the importance of partnerships in driving economic growth.

Spotlight on Local Businesses

In parallel, the Mohammed bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME) will showcase five of its member businesses at Dubai Harbour. These businesses, including Transcend Technologies, Jadwelny Portal, Sadeem Energy, Elmadrasah.com, and Insurina, represent a diverse array of sectors such as artificial intelligence in tourism, energy IoT, EdTech, insurance, and cybersecurity. This spotlight on local enterprises underscores the importance of nurturing homegrown talent and innovation.

Supporting Emirati Startups

The Hamdan Innovation Incubator (Hi2), an initiative by Dubai SME, will sponsor the Emaratipreneur Expo 2024, aimed at promoting Emirati startups and innovative enterprises. The expo will feature two panel discussions, a competition, and an awards ceremony for SMEs. Hi2 will provide 50 pods for young Emiratis with promising business concepts, focusing on projects with active Emirati partnerships at various stages of development, from prototypes to market-ready ventures. This initiative is crucial for empowering the next generation of entrepreneurs in Dubai.

Commitment to Innovation

Ahmad Al Room Almheiri, director of Ease of Doing Business at DBLC, emphasized that the corporation’s participation at GITEX Global 2024 reflects its commitment to fostering innovation and advancing the objectives of the D33 Agenda. He noted that the department would introduce initiatives designed to simplify the investor journey and create a more efficient environment for both local and international businesses. This commitment to innovation is essential for positioning Dubai as a global leader in digital transformation and investment.

Empowering the Next Generation

Saeed Matar Mohammed AlMarri, deputy CEO of Dubai SME, expressed enthusiasm about showcasing a selection of dynamic Emirati startups at Expand North Star. He highlighted that these startups are poised to transform various industries, from AI to cybersecurity, showcasing their commitment to innovation and the D33 Agenda. AlMarri stated that these entrepreneurs represent the future of Dubai’s economy, and with guidance from the city’s visionary leadership, they aim to integrate their talents into a vibrant business ecosystem. Through Hi2’s sponsorship of the Emaratipreneur Expo, they are empowering startups to innovate and compete on a global scale, ensuring that the next generation of Dubai entrepreneurs will drive economic growth.

Conclusion

As Dubai prepares for these significant events, the focus on enhancing the investor experience and supporting local businesses is clear. The initiatives launched by DBLC and the spotlight on Emirati startups reflect a broader commitment to innovation and economic growth. With the D33 Agenda guiding these efforts, Dubai is poised to solidify its status as a global hub for business and investment, paving the way for a prosperous future. For those interested in the latest developments in technology and business, these events promise to be a treasure trove of insights and opportunities.

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