The Executive Council of Dubai has approved a series of new initiatives and programs designed to support its ambitious economic agenda and position the emirate as one of the world's top three urban economies, announced plans to allocate AED 25 billion over the next decade as part of its goal to attract AED 650 billion in investments by 2033. This initiative underscores Dubai's commitment to sustainable growth and economic diversification, focusing on key sectors poised for expansion.

 

The investment strategy aligns with Dubai's broader economic vision, emphasizing innovation, infrastructure development, and sustainable urban planning. The allocation will support strategic projects aimed at enhancing the city's competitiveness on the global stage while ensuring long-term economic resilience.

 

Adham Younis, Group CEO of D&B Properties, expressed optimism about Dubai's investment outlook: "Dubai continues to demonstrate its leadership in fostering a dynamic business environment. The earmarking of AED 25 billion reflects a strategic approach to driving growth across key sectors, reinforcing investor confidence and positioning Dubai as a preferred destination for international investments."

 

The planned investments are set to bolster infrastructure, real estate development, technology, and tourism, marking a significant step towards achieving Dubai's economic goals for 2033. Key projects include the expansion of transportation networks, development of smart cities, and enhancement of tourist facilities to cater to a growing global audience.

 

"For Dubai, these investments are not just about economic expansion but also about ensuring sustainable development and improving the quality of life for residents and visitors alike," He added.

 

The announcement comes as Dubai continues to attract global attention for its innovative approach to urban development and economic resilience. With a strong focus on sustainability and technology, Dubai aims to position itself as a hub for business, tourism, and innovation in the coming decade.

 

About D&B Properties:

D&B Properties is a leading real estate firm specializing in luxury residential and commercial properties in Dubai. With a commitment to innovation and client satisfaction, D&B Properties continues to set new benchmarks in Dubai's dynamic real estate sector.


Comment as a guest.

Related News