Dubai to host ninth edition of Annual International Conference & Exhibition in 2023.
22 June 2022, 12:00 AM
30 June 2022, 12:00 AM
The World Free Zones Organisation announced on Thursday that Dubai will host the ninth edition of the Annual International Conference & Exhibition (AICE) in 2023. This was confirmed during the General Assembly meeting at this year’s AICE in Montego Bay, St. James, Jamaica.
Dr Mohammed Al Zarooni, chairman of the World Free Zones Organisation, accompanied by Andrew Holness, Prime Minister of Jamaica, Minister of Economy and Industry of Jamaica, and ministers of the Caribbean island countries, inaugurated the activities of the eighth edition of the conference. This year, AICE featured more than 1,000 global speakers, policy makers, academics, multilateral organisations and global corporate leaders from more than 100 countries.
The four-day event includes five panel discussions, which focus on shaping the future of supply chain resilience capable to withstand future shocks, building a new generation of businesses that strives to advance the Sustainable Development Goals, as well as follow Environmental, Social and Governance principles. The discussions also include the reformation of the Global Tax System and the role of creating an ecosystem of trust to drive economic benefits and prosperity.
Al Zarooni stressed that the free zone sector is witnessing a quantum leap by transforming and expanding the scope of operations to broader areas, including technology-based industries such as banking, finance, financial technology, food technology, e-commerce among others.
Al Zarooni also stressed on the importance of the continuity of business orientation towards e-commerce. It plays a key role in the supply and commercial operations between companies. Reports forecast that B2B e-commerce site sales will reach nearly $1.77 trillion in 2022, a 12 per cent increase compared to 2021. It is also expected that e-commerce sales will reach $5 trillion in 2022 and $6 trillion by 2024.