Dubai Economy prepares for a great 'reset'

Dubai: Dubai Economy has launched ‘The Great Economic Reset Programme’, as part of efforts to get in more resilience into the local economy in a “post-pandemic future”.

The “CovExit” initiative will try and enhance awareness of the disruptions caused by the pandemic and propose solutions for economies and societies to adapt growth strategies to the next normal.

As a first step, experts are being brought together in a ‘Virtual Policy Council,’ an engagement platform run by Mohammed bin Rashid School of Government.

“I believe the triple helix collaboration between public, private and academia stakeholders have always produced the best solutions in the past,” said Mohammed Shael Al Saadi, CEO of the Corporate Strategic Affairs sector in Dubai Economy.

“In the highly uncertain environment now, extensive collaboration and cooperation between all stakeholders are vital to our future prosperity. The Virtual Policy Council will propose the best approaches Dubai and the UAE can adopt to address the risks and opportunities in the next normal economy.”