As part of its efforts to boost the contribution of the private sector to the economy of the Emirates, the Dubai Chamber of Commerce, one of the three chambers under Dubai Chambers, announced the establishment of two new business groups: The Bottled Water Business Group and the Circular Packaging Association.
The new business groups have been launched in line with the Chamber’s plans to increase economic sectors in the Emirate of Dubai, and finally to ensure that all economic activities and business modules will boost competitiveness and drive Dubai’s growth.
President and CEO of Dubai Chambers Mohammad Ali Rashed Lootah says, “The establishment of new business groups forms part of our plan to develop the private sector’s contribution to sustainable development, boost the business community’s competitiveness and its ability to innovate in the face of challenges, and empower the private sector to play a part in drawing up policies and legislation that drive growth across various sectors and activities.”
Lootah stressed on the important role played by business groups as representatives and reliable advocates for their respective sectors, highlighting on their role in recommending policy changes to improve a sector’s competitiveness while promoting international best practices, and supporting economic growth. “The Chamber is pushing 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 economy, as well as the Chamber’s commitment to fulfill the wise leadership’s vision to consolidate Dubai’s position as a global capital of finance and business.”
Chaired by Unilever Middle East & Turkey’s Senior Sustainability Head Priya Sarma Mathur, the Circular Packaging Association aims to play a major role in implementing the UAE Circular Economy Policy 2021-31 as well as to increase consumer awareness about the importance of sustainable packaging and provide insight and recommendations on legislation and policies related to sustainable packaging at the federal and local levels.
In the meantime, the Bottled Water Business Group has set its focus on promoting and developing the sector’s practices as per international best practices in sustainability to protect the environment and enhance Dubai’s tag as a sustainable and eco-friendly destination. The Group also aims to develop sustainable solutions to improve bottling of water and its distribution network in a safe and sustainable manner cutting on carbon emissions.
Business groups play an important role in promoting and supporting the economic growth in Dubai. They are an essential component of the business community and contribute to advancing commercial and investment activity. Currently around 30 business groups from various sectors are operating under the umbrella of the Dubai Chamber of Commerce.