Partnerships

The Dubai Economic Council (DEC) has signed a Memorandum of Co-operation (MoC) with Economic Zones World (EZW), parent company of Jafza. Both parties have agreed to cooperate in exchanging statistical data, studies, reports that may be technical, commercial, economical, financial or social in nature and experiences to enhance the investment climate in Dubai. Both parties will also jointly conduct seminars, workshops and meetings to achieve the objectives of the programme.

The Dubai Economic Council (DEC) and the Dubai Statistics Center (DSC) signed a Memorandum of Understanding (MOU) outlining the terms of the strategic partnership in the areas of research, studies, and the exchange of statistical data and expertise.

The strategic aims of the MOU include strengthening the foundations of collaboration in the areas of sharing of statistical data, providing guidelines and foundations for this collaboration in terms of mandates of the two parties, in addition to unifying their efforts and resources in terms of data exchange.

The MOU outlines several areas of collaboration, such as the conducting and exchanging of data, the sharing of statistical reports and any other materials whether technical, commercial, economic, financial or social, reviewing proposals in common interest matters made by any party to another before forwarding it to the officials concerned, spreading awareness to the local business community through published statistical reports, and consulting one another in any other related areas. The agreement also includes exchanging invitations to participate in events and activities organized by either party especially in common interest areas. Moreover, the MOU will allow the DEC to access the Statistical System made by DSC whereby the DEC would supply relevant data from its studies and other research activities. In turn, the center would train the Council’s staff to utilize the said system including extracting statistical reports that may be required.

The DEC’s Secretariat-General has signed an MOU with General Pension & Social Security Authority (GPSSA) to kick off a strategic partnership between the two entities in various areas. Those include: data and information exchange; joint research particularly in socio-economic issues; in addition to collaboration in activities and initiatives.

HE Hani Al Hamli, DEC Secretary-general and his counterpart HE Muzafar A. Muzafar, Director-General of Pension Authority have signed the MOU. DEC Executive team has attended the ceremony: Dr Ibrahim Al Badawi, Mr Tarek ALHajjiri, Stefan Muckstein and Irfan Al Hassani. From Pension Authority side, Mr mohamed Al Sharhan, and Ms. Ibtisam Alsabiri.

The DEC has collaborated with the Executive Council of Dubai in reviewing the Dubai Strategic Plan 2015 and enhancing the section on Economic Development

The DEC's Secretariat has collaborated with RERA to discuss specific laws and regulations established by RERA including regulationof the relation between tenants and landlords in Dubai, lease agreements etc,which led to a joint study on real estate.

The DEC's Secretariat has cooperated with the Ministry of Economy in reviewing a number of federal laws drafts such as Commercial Companies Law, Competition Law, and Foreign Investment Law. The DEC also discussed several issues of concern for the Ministry such as inflation. Additionally, the DEC engaged in a joint committee with the Ministry to assess the effects of the global financial crisis on the UAE's economy.

The DEC has collaborated with the Ministry of Labor in several projects. Those include amendments to the Labor Law, Emiratization, the Permanent Committee for Labour Affairs in Dubai, and the Ministry of Labour's regulations and their impacts on the business sector in Dubai.

The DEC's Secretariat has collaborated, in terms of joint committee, with the UAE Ministry of Transport to discuss the duties imposed on UAE trucks at Syrian and Jordanian borders.