To be the strategic partner for the Government of Dubai in economic policy-making.
To advise the government on innovative economic strategies and advocate sound economic policies that promote prosperous business environments, productivity, and a healthy investment climate, as well as to enhance Dubai's competitiveness in the world economy.
Since its inception in 2003 at the initiative of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, Ruler of Dubai, the Dubai Economic Council (DEC) has and continues to play a major role in supporting the Government of Dubai's economic policy decision-making.
The Dubai Economic Council, chaired by H.E. Juma Al Majed, comprises leading businessmen and officials representing the most vital sectors of the Emirate's economy, and a Secretariat General led by H.E. Hani Al Hamli encompassing a world-class team of economists, strategists, researchers and legal advisors.
In its short history the DEC has transformed itself into a vital player in advancing Dubai's economic agenda providing the Emirate with sound economic policy recommendations that are the culmination of extensive, cutting-edge research, and dynamic dialogue built on the contributions of representatives of the public and private sectors and world-renowned academics.
As Dubai's position in the global economy advanced with increasing momentum, the DEC evolved to accompany the growing needs of Dubai and the UAE as a whole, which stands as testimony to the DEC's crucial role in shaping Dubai's economic reality. In light of this, the Secretariat established the Economic Policy and Research Center (EPRC) and the Legal Affairs and Research Center (LARC); which together form the operational arms of the Dubai Economic Council.
The DEC's ambitious agenda is shaped by a set of mandates from which its vision, mission, and strategic objectives are drawn with an eye to not only be an integral partner in Dubai's and UAE's economy, but to develop into a strategic centre for economic policy research and study in the region.
- To encourage the private sector to contribute to the economic development of the Emirate through its involvement in the discussions of economic policies and strategies and the offering of necessary advice.
- To improve the country's economic performance, enhance the business environment, and increase productivity.
- To acquire the business community's trust and enrich the local business environment in the long term.
- To improve Dubai's economic competitiveness in the international market.
The past decades have witnessed Dubai's transformation from a promising regional trade hub to a major force in the world economy and a place where there are no limits to ambition as the Emirate continues in its march towards social and economic prosperity.Read More