Mid-Year Economic Update highlights Dubai’s accelerated growth - News Summed Up

Mid-Year Economic Update highlights Dubai’s accelerated growth


Launched early this year, the 'D33' economic transformation plan aims to double the size of Dubai's economy over the next decade and consolidate its position among the top three global cities.The strategy is designed to augment Dubai's economic competitiveness, implement growth plans, foster the diversification and sustainability of the economy, attract global talent and foreign investment in vital sectors, and reinforce Dubai's position as a global destination for digital economy investments and entrepreneurial ventures. The initiative prioritizes advancing innovation, artificial intelligence, and technology projects while making the emirate a leading hub for green economy and tourism.Hashtag: #Dubai #DubaisDepartmentofEconomyandTourism #DETThe issuer is solely responsible for the content of this announcement. Dubai’s Department of Economy and Tourism (DET)With the ultimate vision of making Dubai, the world's leading commercial centre, investment hub and tourism destination, Dubai's Department of Economy and Tourism (DET) is mandated to support the Government in positioning the emirate as a major hub for global economy and tourism, and in boosting the city's economic and tourism competitiveness indicators. Under this remit, DET is driving efforts to further enhance Dubai's diversified, innovative service-based economy to attract top global talent, deliver a world-class business environment and accelerate productivity growth. Additionally, DET is supporting Dubai's vision to become the world's best city to live and work in by promoting its diverse destination proposition, unique lifestyle and outstanding quality of life, overall.


Source: ABC News August 07, 2023 08:09 UTC



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