Dubai FDI, the foreign investment promotion arm of the Department of Economic Development (DED), recently held an introductory symposium on investment essentials in the UAE and ways to develop business.

The symposium, part of its strategy to promote foreign direct investment (FDI) inflows and support entrepreneurs and investors to grow globally, was held in partnership with the Links Group, Ministry of Labour and Jebel Ali Free Zone (Jafza).

“Dubai FDI is committed to boosting the local business environment, promoting investment across all economic sectors in Dubai and the UAE and launching promising initiatives and programmes to increase FDI inflows to drive comprehensive growth,” said Fahad Al Gergawi, chief executive officer of Dubai FDI.

The symposium was aimed to increase awareness on the business environment, investment opportunities and the facilities extended by the government.

“We are currently in the process of developing and implementing various strategies to promote awareness among the business community in collaboration with the public and private sector stakeholders,” Al Gergawi added.

The symposium was attended by 60 high-profile public and private sector representatives in the UAE.

“Dubai continuously seeks to cement its position as a distinguished international investment destination with a fast-expanding infrastructure and platform for global growth,” Al Gergawi said.

Saif Al- Suwaidi, director of Service Centres Department at the Ministry of Labour, stressed the importance of the symposium in spreading awareness on the UAE business environment. He said that the Ministry plays a crucial role in attracting FDI inflows through easing procedures and implementing global compliance legislations such as the law on freedom of labour movement.

Mansoor Al Bastaki, regional manager - Europe at the Economic Zones World – Jafza narrated the services and programmes that Jafza provides to help businessmen build new capabilities and bring in more investments into Dubai, emphasising Jafza’s cooperation with Dubai FDI at all levels in this regard. – TradeArabia News Service