Discovering Dubai as a Regional Center for Global Enterprise Families with H.E. Mohammad Ali Rashed Lootah

Today, it is my pleasure and honor to speak with His Excellency Mohammad Ali Rashed Lootah. His Excellency is the President and CEO of Dubai Chambers, one of the largest economic development arms in Dubai. In his current role, he oversees the implementation of Dubai Chambers' strategic initiatives and plans, which aim to improve ease of doing business in Dubai, support businesses expanding globally, attract foreign companies and investment and advance the digital economy.

Previously, he served as CEO of the Commercial Compliance & Consumer Protection for Dubai's Department of Economy and Tourism, where he was responsible for overseeing consumer protection, business protection, intellectual property protection and commercial compliance. He also held several other leadership positions at the Department of Economic Development, namely Deputy CEO of the Commercial Compliance & Consumer Protection Sector, Deputy CEO of the Dubai Export Development Corporation, Executive Director of Corporate Quality and Excellence and Deputy Director of Information Technology Department at Dubai Land Department.

Dubai has seen tremendous transformation and growth in the past couple of decades, which seems to only have accelerated in the recent 5 years since the COVID-19 pandemic. His Excellency gives our listeners an overview of Dubai as a regional center and highlights some of the benefits and policies that have contributed to its growth and popularity among global businesses and investors.

Industry data shows that, in the past couple of years, the United Arab Emirates – and Dubai in particular – have seen tremendous influx of wealthy individuals and families, with many choosing to establish or relocate their family office there. His Excellency describes why family offices are flocking to Dubai and talks about the factors that are driving this rising interest and attraction among wealthy families and family offices.

Within the umbrella Dubai Chambers organization exists the Dubai Chamber of Digital Economy, which is dedicated to positioning Dubai as a global hub for advanced technologies. His Excellency elaborates on Dubai's digitization strategy, the investments and transformation it entails, and its benefits and attractions for global families and their family offices.

Dubai's geographic location and relative proximity to many key international markets is another strategic asset. His Excellency explains how and why global families of wealth should consider Dubai as a potential launchpad to neighboring markets and a hub for their regional and global strategies.

Do not miss this exclusive conversation with one of the foremost leaders and supporters of the Dubai business and investment community, H.E. Mohammad Ali Rashed Lootah.