Dubai’s economic growth is set to surge forward with the implementation of the Dubai Economic Agenda D33. According to experts, this plan aims to double the size of Dubai’s economy over the next decade, solidifying its position among the top four global economic cities. With 100 transformative projects and an economic target of AED32 trillion, Dubai hopes to attract foreign direct investment, high net worth individuals, and billionaires to enjoy the city’s quality of life.
As a leader in the Middle East, Africa, and South Asia (MEASA) region, the Dubai International Financial Centre (DIFC) has become a leading international financial hub. With a thriving business ecosystem of over 36,000 professionals and more than 4,300 active companies, DIFC boasts an independent judicial system and regulatory framework, a global financial exchange, and inspiring architecture.
Since its foundation over 51 years ago, the UAE has made huge strides in medicine, education, and technology, transforming itself into one of the world’s top tourist destinations and a global investment hub. Dubai’s new economic agenda reinforces the nation’s ambition to become a major player in the world’s financial groups. With the support of its robust infrastructure and enabling support services, Dubai aims to double its foreign trade to AED25 trillion over the next decade and add 400 new cities to its trading network.
His Highness Sheikh Mohammad bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai announced the agenda on his 17th Accession Day anniversary. Sheikh Mohammad aims for Dubai to attract over AED700 billion in foreign direct investment in the next 10 years. In the first half of 2022, Dubai witnessed AED13.7 billion in FDI inflows and a record 492 FDI projects, generating over 15,000 new jobs.
With the implementation of the Dubai Economic Agenda D33, Dubai’s position as an international financial hub is set to become stronger, attracting foreign direct investment and solidifying its status as a world leader in finance and business.
