- Dubai plans to attract AED 650 billion in FDI by 2033 with an annual AED 25 billion investment.
- The Dubai Economic Model will track over 3,000 economic indicators to boost confidence.
- Additional initiatives include sustainable metro station areas and programs for Emirati development.
Dubai’s Executive Council has greenlit a groundbreaking Foreign Direct Investment Development Programme, aiming to attract AED 650 billion by 2033. This initiative will see an annual allocation of AED 25 billion over the next decade, strategically invested to bolster Dubai’s growth and development.
Complementing the FDI programme, several other initiatives have been approved. These include a framework to enhance sustainability and quality of life in metro station areas, the ‘Manbar’ programme to increase UAE nationals in mosque roles, and the ‘Ghras Al Khair’ programme to support Emirati content creators and foster values of tolerance and national identity.
Dubai’s Strategic Move: AED 650 Billion FDI Plan and New Initiatives
Additionally, the Council has approved the framework plan for areas surrounding metro stations to promote sustainability and improve the quality of life. This plan aims to transform these areas into vibrant, eco-friendly spaces that contribute to the overall well-being of the city’s residents. Such initiatives align with Dubai’s vision of becoming one of the most sustainable cities in the world.
The ‘Manbar’ programme is another noteworthy initiative, focusing on doubling the number of UAE nationals working in mosques. This programme will equip them with the necessary skills and qualifications to serve their communities effectively. Furthermore, the ‘Ghras Al Khair’ programme is set to empower Emirati content creators, promoting values of tolerance and strengthening national identity. These initiatives reflect Dubai’s commitment to nurturing local talent and fostering a cohesive society.
These initiatives, spearheaded by Dubai’s Executive Council, represent a comprehensive approach to economic and social development. By attracting significant foreign investments and supporting local talent, Dubai aims to solidify its status as a leading global city while promoting sustainability and quality of life.
“Dubai is not a city of planners; it is a city of dreamers.”
– Sheikh Mohammed bin Rashid Al Maktoum
