Dubai: The Dubai Economic Council (DEC) will hold a two-day conference next month to look at how the emirate can improve its business and investment climate.
The conference, due to be held on November 23 and 24, will also reveal the findings of an investment climate research project undertaken in partnership with the Washington-based Centre for Global Development with input from Economic Zones World and the Dubai Statistics Centre.
DEC Secretary-General Hani Rashid Al Hameli said that the study provides sound and scientific empirical evidence of Dubai's investment climate and economic performance at the enterprise level.
He said that success hinges on a strong business and investment climate, which leads to an increase in productivity in the private sector, creates employment opportunities for its workforce and increases the fiscal gains for public investment.
Factors for success
"The right investment climate is a product of a plethora of institutional and policy factors," Al Hamli said.
"[These include] infrastructure enhancement to promote further economic development; optimal trade conditions faced by export leaders in the economy; the role played by regulations that are required to set up business in the economy; the effectiveness of institutions in easing the daily operation of domestic businesses," among others, he said.
The conference, titled Business Environment and the Future of Development in Dubai, will be held at the Address Downtown hotel.
