As UAE leaders continue to highlight different initiatives for international partnerships to boost the national economy, officials from the Dubai Chamber of Commerce and Industry's international office in Azerbaijan visited Russia to promote collaboration there.
Dubai Chamber said recently it participated in a Russian trade event called Innoprom 2016, held July 11-14, in
Yekaterinburg,
several hundred miles east of Moscow.
More than 48,000 visitors from hundreds of nations attended Innoprom, where the Dubai Chamber had dozens of meetings with international companies and various government offices.
Topics discussed included industrial automation, energy technologies and the financing of manufacturing and industrial efforts.
Visitors networked with Dubai Chamber, talking about export and import opportunities and investment possibilities.
In a press release, Dubai Chamber International Offices Director Omar Khan said Innoprom is an ideal platform to attract overseas investors and entrepreneurs to the prevailing lucrative business environment of the emirate and said such efforts support the chamber's objectives.
The Dubai Chamber’s presence in Innoprom demonstrates part of a broader trend in which UAE officials are reaching out across international lines and trying to foster innovative partnerships. Meanwhile, the cosmopolitan city of Dubai continues to build a wide spectrum of tourist attractions, luxury hotels and other amenities to attract international visitors.
“Dubai will become one of the most innovative cities in the
world through a combination of factors that include the UAE governmental
support of innovation and entrepreneurship, the rapid creation of innovation
infrastructure and the development of skill sets and resources that are now
exceeding that of many other developed nations,” Nicholas Webb,
a speaker and author who attended recent
innovation summits in Dubai, recently told Gulf News
Journal.
Webb, whose work focuses on how the UAE and other nearby countries are going beyond oil to envision their future economies, said there is an industrial trifecta that works in Dubai’s favor - a UAE government that widely supports economic expansion; second, a chamber of commerce that he said “might be the best managed organization on the planet” that provides resources to the city and lack of a burdensome and punitive tax structure.
Webb also credited the chamber’s management with pointing the city in the right direction.
“As an enterprise strategist working with some of the top brands in the world, I was extremely impressed with the management team at the Dubai Chamber of Commerce.” Webb said. “I believe their future will be comprised of a wide range of technology clusters that are leveraging the Dubai resources and its favorable business climate to incubate and commercialize new technologies and new business models.”
With all of the technology investment, infrastructure work and efforts at international business collaborations, it will be interesting to see the future development of a city getting a lot of attention in many industries.
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