According to Sheikh Hamdan, the economic expansion goes hand-in-hand with the target of the Dubai Economic Agenda, D33. This strategy involves doubling the city’s GDP over the next 10 years and making Dubai one of the top 3 economies worldwide.
The economy’s growth is being fuelled by major successes in such sectors as real estate, information and communication, manufacturing, transportation, finance and insurance, accommodation and food services, as well as others. These sectors accounted for about 93.9% of the increase in growth.
Helal Saeed Almarri, Director General of Dubai’s Department of Economy and Tourism, stated that the acceleration of projects under the D33 plan will help create an efficient economic ecosystem and enhance the global appeal of Dubai for investing and living.
