DUBAI: The Dubai Chamber of Commerce, one of the three chambers operating under the Dubai Chambers, announced the creation of two new business groups, which are ‘The Bottled Water Business Group’ and ‘Circular Packaging Association’.
As part of its efforts to enhance the contributions of the private sector to the emirate’s economy, the Dubai Chamber of Commerce launched the new business groups as part of its plans to increase the number of business groups representing sectors economic and activities in the emirate of Dubai. and ultimately ensure that all industries and economic activities are represented to increase their competitiveness and drive Dubai’s growth.
Mohammad Ali Rashed Lootah, Chairman and CEO of Dubai Chambers, said: “Establishing new business groups is part of our plan to develop the private sector’s contribution to sustainable development, boost the competitiveness of the business community and its ability to innovate in the face of challenges and empower the private sector to participate in the development of policies and legislation that drive growth in various sectors and economic activities.”
Lootah highlighted the importance of business groups as trusted representatives and advocates for their respective sectors, highlighting their role in recommending policy changes to improve a sector’s competitiveness and attractiveness while promoting international best practice and support economic growth.
“The Chamber is moving forward with its plans to increase the number of economic sectors and activities represented by business groups to 100. This reflects the diversity and agility of the emirate’s economy, as well as the Chamber’s commitment to fulfill the vision of wise leadership to consolidate. Dubai’s position as a global capital of finance and business.
“Our aim is to unify the efforts of all companies operating in these two sectors and to serve their interests, all in an effort to achieve the goals, visions, strategies and economic development plans that Dubai has announced, in addition to “strengthening partnerships between the public and the private sectors, and bringing added value to all stakeholders,” Lootah added.
Chaired by Priya Sarma Mathur, Senior Sustainability Manager, Unilever Middle East and Türkiye, the Circular Packaging Association aims to participate in the implementation of the UAE Circular Economy Policy 2021-2031, as well as raise awareness of consumers on the importance of sustainable packaging and provide information and recommendations on legislation and policies related to sustainable packaging at the federal and local levels.
Meanwhile, the Bottled Water Business Group is focused on promoting and developing industry practices in line with international best practices in sustainability, in a way that protects the environment and enhances Dubai’s reputation as a sustainable destination and environmentally friendly.
The Group also aims to develop sustainable solutions, in collaboration with partners in the business community, to improve the water bottling and distribution network in a safe and sustainable way that reduces carbon emissions and contributes to shape a prosperous future for the sector.
Business groups play an important role in promoting and supporting economic growth in Dubai, as they are a key component of the business community and contribute to advancing trade and investment activity in the emirate, supporting the development of capacities and knowledge, while improving competitiveness. advantage of Dubai’s business community.
There are currently 30 business groups operating under the umbrella of the Dubai Chamber of Commerce, representing various economic sectors and activities.