DUBAI, November 29, 2022 (WAM) – The Dubai Chamber of Commerce, one of three chambers affiliated with Dubai Chambers, has announced the formation of two new business groups: “The Bottled Water Business Group” and “Circular Packaging Association.”
The Dubai Chamber of Commerce launched the new business groups as part of its efforts to increase the private sector’s contributions to the emirate’s economy, as part of its plans to increase the number of business groups that represent economic sectors and activities in the Emirate of Dubai, and, ultimately, to ensure that all industries and economic activities are represented to boost competitiveness and drive Dubai’s growth.
“The establishment of new business groups forms part of our plan to develop the private sector’s contribution to sustainable development, boost the business community’s competitiveness and ability to innovate in the face of challenges, and empower the private sector to play a part in drawing up policies and legislation that drive growth across various economic sectors and activities,” said Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers.
Lootah emphasized the importance of business groups as representatives and trustworthy advocates for their respective sectors, emphasizing their role in recommending policy changes to improve a sector’s competitiveness and attractiveness while promoting international best practices and fostering economic growth.
“The Chamber is pushing forward with its plans to increase the number of economic sectors and activities represented by business groups to 100. This reflects the diversity and agility of the emirate’s economy, as well as the Chamber’s commitment to fulfilling the wise leadership’s vision to consolidate Dubai’s position as a global capital of finance and business.
“Our objective is to unify efforts from all companies operating in these two sectors and serving their interests, all in an effort to achieve the objectives, visions, strategies, and economic development plans that Dubai has announced, in addition to strengthening partnerships between the public and private sectors, and providing added value to all stakeholders,” Lootah added.
The Circular Packaging Association, chaired by Priya Sarma Mathur, Senior Sustainability Head at Unilever Middle East and Turkey, aims to contribute to the implementation of the UAE Circular Economy Policy 2021-2031, raise consumer awareness about the importance of sustainable packaging, and provide insight and recommendations on legislation and policies related to sustainable packaging at the federal and local levels.
Meanwhile, the Bottled Water Business Group promotes and develops the sector’s practices in accordance with international best practices in sustainability, in order to protect the environment and enhance Dubai’s reputation as a sustainable and eco-friendly destination.
In addition, the group intends to develop sustainable solutions in collaboration with business partners to improve the water bottling and distribution network in a safe and sustainable manner that reduces carbon emissions and helps shape a prosperous future for the sector.
Business groups play an important role in promoting and supporting economic growth in Dubai because they are a key component of the business community and contribute to advancing commercial and investment activity in the emirate by supporting the development of capacities and expertise while enhancing Dubai’s business community’s competitive advantage.
The Dubai Chamber of Commerce currently has 30 business groups operating under its umbrella, representing various economic sectors and activities.
Source : wam.ae
