Dubai's ruler Sheikh Mohammed bin Rashid al-Maktoum has announced the restructuring of the emirate's government to make it more flexible, responsive and efficient.
Sheikh Mohammed has approved the restructuring of Dubai Chamber and the formation of three separate chambers: The Dubai Chamber of Commerce, the Dubai Chamber of International Trade and the Dubai Chamber for Digital Economy.
He also announced the appointment of Mashreqbank CEO Abdulaziz al-Ghurair as head of the Dubai Chamber of Commerce.
Sheikh Mohammed also approved a 5-year plan to raise the value of Dubai's foreign trade from AED 1.4 to AED 2 trillion.
"We also approved the Dubai International Trade Roadmap, which includes shipping & air routes that currently connect to more than 400 cities around the world, aiming to expand this network with 200 more cities. Dubai will be home to the world's main airport and ports," he tweeted.
(Writing by Seban Scaria; editing by Anoop Menon)
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