Dubai:The 'Future Economy' Majlis, part of the Mohammed bin Rashid Leadership Forum, focused on strategies to bolster Dubai's position in the global economy. Discussions centered on enhancing competitiveness and supporting long-term growth amid worldwide changes in trade, investment, business models, and technology.
According to Emirates News Agency, the event gathered leaders, decision-makers, and global experts, including Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD Bank P.J.S.C. Al Qassim emphasized the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, highlighting the importance of actively shaping the future and turning opportunities into sustainable progress.
Al Qassim noted the rapid transformations in the global economy due to supply chain restructuring, energy transitions, and technological advances. He stressed the importance of resilience for competitiveness and highlighted Dubai's role as a global gateway connecting Asia, Africa, and Europe. He emphasized integrating physical trade with digital infrastructure and the role of artificial intelligence, data, and financial technology in productivity.
Professor Nouriel Roubini, a renowned macroeconomist, discussed key economic transformations, focusing on the evolving relations between China, the United States, and Europe, and their impacts on global trade. He explored AI's role in reshaping productivity and competitiveness, urging leaders to understand its implications on production models and the labor market.
Roubini also addressed leadership challenges in a rapidly changing world, emphasizing the need for flexibility and readiness in decision-making. He highlighted the importance of distinguishing between temporary changes and long-term shifts to avoid misjudgments and stressed the need for institutional readiness and talent development for future growth.
The 'Future Economy' Majlis is part of strategic meetings under the Mohammed bin Rashid Leadership Forum, which aims to enhance Dubai's competitiveness and leadership by discussing future pathways and strengthening cooperation among leaders and experts.