DUBAI: Dubai's economic outlook forum will start on Wednesday at the Raffles Dubai Hotel. Department of Economic Development (DED) is hosting the forum for the second consecutive year to discuss the macroeconomic and the sectoral outlook for Dubai's economy and encourage public-private sector dialogue and partnerships for economic growth.
Sheikh Ahmad Bin Saeed Al-Maktoum, chairman of the Economic Sector Committee, president of Dubai Civil Aviation and chairman and chief executive of Emirates airline and group, will deliver the keynote speech.
"Dubai Economic Outlook 2012" forum will be addressed by top government officials and leaders from key industry sectors. They will highlight the strong linkages between Dubai and global economic growth and how Dubai can take advantage of the prevailing favorable economic climate.
"DED aims to foster effective and transparent communication and dialogue within and between public and private sectors about important issues relevant or Dubai's sustainable development and growth through this event. Dubai Economic Outlook is envisioned to be the forum where the vision, strategies and plans relevant for the economy and business in Dubai and the UAE are discussed with key stakeholders and ultimately shared with wider audiences. As such, DED's goal is to reduce information gaps in the market and allow decision makers to better plan their business in 2012," said Sami Al-Qamzi, director general of DED.
The Dubai Economic Outlook 2012 theme is "The Power of Vision - Economic Development in Uncertain World".
The discussions will centre around three key topics: Macroeconomic Outlook - discussing key drivers of economic growth in 2012; Restructurings for Development highlights and discussions of major restructurings as foundation for growth; Engines of Growth presenting outlooks and opportunities in strategic sectors such as transportation, trade, tourism and finance.
The forum will have sector outlooks on finance, logistics and transportation, trade, real estate, tourism, and retail, among others. Hamad Buamim, director general, Dubai Chamber of Commerce and Industry; Marwan Bin Galitha, director general, Real Estate Regulatory Agency; Khaled Ahmed, SVP, Economic Zones World; Nasser Saidi, chief economist, Dubai International Financial Centre Authority; and Mohammad Lahouel, chief economist in DED, will share their outlook from a public sector perspective.
The sector leaders and analysts addressing the forum include Jamal Majid Bin Thaniah, Group CEO, Dubai World; Marios Maratheftis, Head of Research, Western Hemisphere, Standard Chartered; Farouk Soussa, chief economist, Citibank; Trevor Rowe, executive chairman, Rothschild Australia; David Staples, managing director, Moody's; and SeanDougherty from the Organization of Economic Cooperation and Development (OECD).
© Arab News 2012
