Under the Patronage of
Vice-President and Prime Minister of the UAE and Ruler of Dubai
Ahmed Bin Sulayem is the Executive Chairman and Chief Executive Officer of DMCC and has driven its growth from a start-up of 28 member companies in 2003 to the world’s leading free zone in 2019 with over 17,000 member companies from 170 countries, employing over 60,000 people.
Tasked with enhancing commodity trade flows through Dubai, DMCC has introduced to market a number of value-added products and services under Mr Bin Sulayem’s leadership. In 2019, DMCC was named the ‘Global Free Zone of the Year’ by The Financial Times fDi Magazine, for a record fifth consecutive year. Mr Bin Sulayem oversaw the exponential growth of the DMCC Free Zone master development in Jumeirah Lakes Towers (JLT), a 200-hectare business and residential community in Dubai of over 100,000 people living and working across 68 towers. Mr Bin Sulayem also oversees the development of DMCC’s latest real estate project; the much-anticipated Uptown Dubai district.
Mr Bin Sulayem currently serves as the Chairman of the Dubai Diamond Exchange (DDE) and the Dubai Gold & Commodities Exchange (DGCX).
The Kimberley Process officially appointed the United Arab Emirates (UAE) as the first and only Arab country to Chair the Kimberley Process in November 2015. Shortly after, the UAE Ministry of Economy officially appointed Mr Bin Sulayem as the UAE’s Chair of the Kimberley Process for 2016.
10:00 - 11:00
FDI Pillar Session 3 - Special Economic Zone (SEZs) and their Effectiveness in Attracting FDI
SEZs can make essential contributions to the growth and development of an economy. They can help attract foreign investments, create jobs and boost exports – both directly and indirectly where they succeed in building linkages with the broader economy. Zones can also support global value chain (GVC) participation, industrial upgrading and diversification.
Given the rise of digitalisation, the SEZs need to adapt and innovate to attract further investments, making the process of setting up a business simpler and faster. There are nearly 5,400 zones across 147 economies today, up from about 4,000 five years ago, and more than 500 new SEZs are in the pipeline. In this session, the panellist will discuss the advantages of having SEZs and how SEZs are innovating to attract new business.