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His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, on Wednesday approved the Dubai Economic Agenda - D33, with the aim to double the size of Dubai’s economy in the next decade and consolidate its position among the top three global cities.
The announcement coincides with the 17th anniversary of his accession as the ruler of Dubai.
On January 4, 2006, Sheikh Mohammed became the Ruler of Dubai, following the death of his brother, Sheikh Maktoum bin Rashid.
Today we approved the Dubai Economic Agenda - D33, that aims to double the size of Dubai’s economy in the next decade and consolidate its position among the top three global cities. pic.twitter.com/7hMpEYgdRj
— HH Sheikh Mohammed (@HHShkMohd) January 4, 2023
"Our goal is to attract foreign direct investments that exceed AED 700 billion within 10 years, and digital transformation will add AED 100 billion to Dubai's economy annually," Sheikh Mohammed added.
The Dubai Economic Agenda D33 will include 100 transformative projects, with combined economic targets of AED32 trillion over the next 10 years. It also aims to double Dubai’s foreign trade to reach AED25.6 trillion and to add 400 cities to Dubai's trading network.
The Dubai Economic Agenda D33 includes 100 transformative projects, with economic targets of AED32 trillion dirhams over the next 10 years, doubling our foreign trade to reach AED25.6 trillion and adding 400 cities as key trading partners over the next decade. pic.twitter.com/lTe159ZIhS
— HH Sheikh Mohammed (@HHShkMohd) January 4, 2023
Dubai will rank as one of the top four global financial centers with an increase in FDI to over AED 650 billion over the next decade. Over 300,000 global investors are helping build Dubai into the fastest growing global city pic.twitter.com/keoH7h2eik
— HH Sheikh Mohammed (@HHShkMohd) January 4, 2023