H.H. Sheikh Mohammed unveils Dubai's economic agenda 'D33' 

File Picture

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.

"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.

More from Local

Coming Up on Dubai Eye

  • The Business Breakfast

    6:00am - 10:00am

    The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.

  • The Agenda

    10:00am - 1:00pm

    Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!