Middle East Business and IT Summit Consolidates UAE’s Attractiveness to Global Investors
The Middle East Business and IT Resilience Summit, organized by the Continuity and Resilience (CORE) concluded on 11th March 2018 in Dubai, (UAE). The 7th edition of this conference aimed to bring in Dubai the world class and best practices in business and IT resilience.
Presentations and discussions covered proactive solutions to manage all stages of the Business Continuity Mamangement (BCM) implementation lifecycle including Business Continuity and IT Disaster Recovery, Crisis Management and Emergency Response, Safety, Information Security and Security.
In 2015, the United Arabs Emirates launched the UAE BCM Standard AE/SCNS/NCEMA 7000:2015 to ensure organizations in both public and private sectors are more resilient and and confident to handle data disruption. The work of this year’s Middle East Business and IT Resilience Summit capitalized on this achievement which directly supports UAE and Dubai’s vision to become a global investment powerhouse in the years to come.
Business & IT Resilience Summit 2018- Key Highlights
The summit featured expert insights and workshops geared toward the criticality and strategic value of BCM and IT Resilience as a revenue-generator that can help to enhance confidence, brand value, market share and protect organization reputation and assets.
Participants from UAE and Middle East had the unique opportunity to hear from global experts and to learn about the best practices for securing data and becoming digitally resilient. Some of the key topics discussed during the event included:
- Implementing BCM and IT Disaster Recovery
- BCM Integration with EHS, Crisis Management and Emergency Response
- Business Continuity Managers’ Action Plan to face a Cyber Attack
- System based on ISO 22301 & ISO-31000
- Emphasis on risk management system for organizations
- BCI Crisis and Incident Management
UAE & Dubai – A promising potential for FDI’s
As one of the most diversified and developed economy in the region, UAE will continue to hold prominent placement amongst international investors. UAE’s incredible positioning amongst global investors also results from its political stability, higher transparency, a growing demography and a very cosmopolitan society, where nationals from over 200 countries live together.
The UAE is well on the way to attract more than $70 billion (Dh257 billion) in industrial investments by 2025. With many positive investment programmes underway UAE is firmly on course to be the best performers in the Middle East over the next five years, thanks to its vibrant economy, ever expanding population base (9.5 Million – 2018) and influx of tourists that drives various sectors of the economy.
In 2018, it is expected that the process of diversification will be consolidated. Investments are expected to mobilize in key sectors and industries including sustainable energy, real estate & construction, healthcare, education, tourism (medical tourism) and manufacturing.
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