Page 841 - MOE ENGLISH PR REPORT - DECEMBER 2024

12/27/24, 4:18 PM Ahmed bin Saeed attends the opening of WORLDEF Dubai 2024 forum
trade, logistics, and related services.

A Strong Partnership
His Excellency Tugay Tunçer, Ambassador of Turkey to the UAE, underscored the significance
of the robust trade ties between the UAE and Turkey, highlighting the UAE’s position as
Turkey’s largest trading partner within the GCC. He emphasised the importance of
strengthening trade cooperation between the two nations, given their roles as key regional
business and aviation hubs.

Omar Nart, CEO of WORLDEF, said: “We gather in Dubai—a global hub of innovation and
trade—to shape the future of commerce. WORLDEF Dubai 2024 forum is a unique platform,
bringing together leaders and visionaries to discuss opportunities and challenges in a rapidly
changing digital economy. This year’s focus, ‘Driving Global Trade Through Partnerships and
Innovation’, highlights the power of collaboration. We thank Dubai CommerCity for the support
and for hosting this important forum.”

Promising Indicators
The forum’s first day featured a fireside chat with His Excellency Mohammad Ali Rashed
Lootah, President and CEO of Dubai Chambers, focusing on the digital economy and its critical
role in driving economic growth. Lootah discussed the UAE Digital Economy Strategy, which
aims to double the digital economy’s contribution to the nation’s GDP—from 9.7% in 2022 to
19.4% over the next decade.

He also highlighted initiatives launched by the Dubai Chamber of Digital Economy to support
local emerging technology companies, attract global enterprises, and establish a regulatory
framework to address challenges. These efforts aim to accelerate the growth of the digital
economy and position Dubai as a prime destination for digital businesses, contributing
significant economic value to the region.

His Excellency Lootah also expressed confidence in the sector’s future, noting that growth in
the GCC and the UAE is currently exceeding expectations, supported by strong economic
indicators that signal sustained upward momentum.

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