Mohammed: A visionary beyond compare - GulfToday

Mohammed: A visionary beyond compare


Sheikh Mohammed Bin Rashid Al Maktoum

The launch of the Dubai Economic Agenda ‘D33’ by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, shows the incredible depth of his vision for the future of the emirate.

He said: “The Dubai Economic Agenda ‘D33’ includes 100 transformative projects, with economic targets of Dhs32 trillion over the next 10 years, doubling our foreign trade to reach Dhs25.6 trillion and adding 400 cities as key trading partners over the next decade.”

Sheikh Mohammed seeks to double the size of Dubai’s economy over the next decade, and consolidate its position among the top three global cities.

According to the new plan, Dubai will rank as one of the top four global financial centres with an increase in FDI to over Dhs650 billion over the next decade and an annual Dhs100 billion contribution from digital transformation.

Truly, Dubai is a city with a spectacular growth. What Dubai does today the world follows tomorrow. With its sleek chrome and glass skyscrapers, extremely seamless transport operations for millions of residents, myriad amusement options and a very attractive lifestyle for both the wealthy and the not-so-affluent, Dubai is an extraordinary magnet for the world. What enhances its desirability is the fact that it is amazingly safe and secure.

It is also the go-to destination for trade and industry. As Sheikh Mohammed said, “Over 300,000 global investors in Dubai today are helping build Dubai into the fastest growing global city.”

He added: “2033 will mark 200 years since the foundation of Dubai: the year in which Dubai will be the most important global business centre, and by then we would have completed the D33 Agenda. We know our economic path over the next decade.

“The world makes way for those who know what they want.”

Dubai is a global trendsetter and a model to emulate. At a time when most of the world is reeling under the headwinds of economic challenges, Dubai has shown a strong resilient spirit.

Business is on song. Which explains why the Agenda outlines an increase in private sector investment from Dhs790 billion in the past decade to Dhs1 trillion by 2033.

Dubai is a major tech hub and spearheads digital innovation.

It aims to generate new economic value from digital transformation, at an average of Dhs100 billion annually. The digital economy is a major pillar in the Agenda, with Dubai embarking on a new phase in which it seeks to pioneer and sustain the growth of an economy based on knowledge, innovation and future technologies.

The Agenda also seeks to increase the productivity of Dubai’s economy by 50 per cent through innovation and digital solutions.

‘Sandbox Dubai’aims to make Dubai a major fulcrum for incubating business innovation by enabling the testing and marketing of new products and technologies.

Moreover, the Agenda aims to back the growth of 30 companies in new sectors to become unicorns, and integrate new generations of Emiratis into the private sector: it wants 65,000 young Emiratis in the workforce and the private sector.  This makes Dubai a hub for skilled workers, the fastest growing and most attractive global business centre, and an international hub for global multinational companies (MNCs) and national SMEs.

Dubai is not just about business or trade and industry. It also knows the significance of education, one of the key drivers of growth. Pertinently there is the Dubai Project to draw the world’s best universities.

Truly Dubai is unique. Everyone will testify to its brilliance and rapid development. It inspires awe among everyone who visits it, as much as its world-famous iconic landmark, the Burj Khalifa, does.


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