DUBAI- The Dispute Resolution Authority, DRA, at Dubai International Financial Centre, DIFC, has discussed ways of cooperation with the Federal Competitiveness and Statistics Authority, FCSA, related to the investment environment in UAE, taking care of investor interest, and attracting development projects that contribute to the sustainability of UAE economic sectors.

This came during the visit of Mark Beer, OBE, Chief Executive of DRA, and his senior executives delegation to FCSA headquarters. "We are glad to have had the opportunity to understand FCSA’s role in boosting its competitiveness in global reports and indicators," Beer said. He also hailed FCSA’s interest in collaborating with stakeholders who can influence UAE's ranking and performance in competitiveness reports, and all current effort being exerted to maintain an attractive investment environment in the UAE.

"In addition to contributing to UAE’s future plans to become a knowledge-based economy, it is very important that investors have access to accurate data and statistics that reflect market conditions," he added. For his part, Abdullah Nasser Lootah, FCSA Director-General, said that the meeting was fruitful and valuable while emphasising the importance of partnerships and cooperation in issues of mutual interest.

"Indeed, the DRA is keen to attend to the interests of the investment environment in the Emirate of Dubai and the implications of such an environment on the financial sector in UAE as a whole, which could reflect positively on the country’s performance in global competitiveness rankings."

© Copyright Emirates News Agency (WAM) 2018.