Dubai Chamber of Digital Economy” seeks collaboration with the Palestinian delegation to enhance economic relations

Dubai Chamber of Digital Economy” seeks collaboration with the Palestinian delegation to enhance economic relations

EvoKey participated in the Dubai conference, on June 4, 2023. The Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of the Dubai Chamber, conducted fruitful discussions today with the Palestinian delegation with the aim of enhancing cooperation in the field of digital economy and strengthening bilateral relations. The delegation included senior executives from the Palestine Bank Group and Intersect Incubator, in addition to 21 representatives from startup companies including Evokey. This meeting marks the first of its kind between Dubai, Palestine, and Jordan, with the aim of enhancing business opportunities and economic partnerships.

The Palestinian trade mission’s agenda included holding 237 bilateral meetings with Dubai companies, at an average of ten meetings per person, a record number that reflects the importance of meetings in achieving common goals, interests, and relationship development.

Hashem Al-Shawa, Chairman of the Board of Directors of the Palestine Bank Group, led the Palestinian delegation, which also included Linda Tarazi, a member of the Board of Directors, Kamel Al-Husseini, Director of Relationship and Strategic Cooperation Management, and Rabea Al-Rabi, CEO of Intersect Incubator for Entrepreneurship. Representatives from 21 Palestinian and Jordanian startup companies also participated, eager to visit Dubai to learn about the thriving digital economy in the Middle East region and explore trade cooperation opportunities.

Hashem Al-Shawa, Chairman of the Board of Directors of the Palestine Bank Group, led the Palestinian delegation, which also included Linda Tarazi, a member of the Board of Directors, Kamel Al-Husseini, Director of Relationship and Strategic Cooperation Management, and Rabea Al-Rabi, CEO of Intersect Incubator for Entrepreneurship. Representatives from 21 Palestinian and Jordanian startup companies also participated, eager to visit Dubai to learn about the thriving digital economy in the Middle East region and explore trade cooperation opportunities.

Lootah briefed the Palestinian and Jordanian delegations on the efforts of the emirate to attract 30 unicorn companies by 2033 and affirmed that Dubai’s startup ecosystem has contributed to the success of numerous unicorn companies over the past twenty years.

In another context, Hashem Al-Shawa delivered a speech in which he affirmed the role of the Palestine Bank and the importance of partnering with the Dubai Chamber of Digital Economy. He pointed out that Palestinian and Jordanian startups are seeking expansion in the region, and Dubai serves as the natural platform for these companies to establish a presence and develop their businesses.

This was followed by an open dialogue where representatives of Palestinian and Jordanian startup companies asked questions and received answers. The discussions covered a wide range of sectors, such as transportation, education, construction, engineering, real estate, energy, software solutions, e-commerce, and retail, enterprise resource planning solutions, artificial intelligence and financial solutions, and agriculture.

During the visit, the delegation members became acquainted with the business environment in Dubai, starting from investment opportunities to facilitating business establishment procedures. They also reviewed the reality of small and medium-sized enterprises in the city, which constitute the majority of companies in Dubai, contribute significantly to the gross domestic product, and employ a large workforce.

This meeting reflects the commitment of the Dubai Chamber of Digital Economy to enhance economic cooperation and expand trade opportunities between Dubai, Palestine, and Jordan. It is expected that this collaboration will contribute to the growth of the digital economy and enhance joint business opportunities between the two countries, opening new horizons for innovation and development in the field of the digital economy.

Leave a Reply

Your email address will not be published.Required fields are marked *